Meriden, CT 06450,252-254 & 260 Liberty Street
Meriden, CT 06450,252-254 & 260 Liberty Street
Meriden, CT 06450,252-254 & 260 Liberty Street
Meriden, CT 06450,252-254 & 260 Liberty Street
Meriden, CT 06450,252-254 & 260 Liberty Street
Meriden, CT 06450,252-254 & 260 Liberty Street
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$ 1,800,000
Est. payment | /mo

12 Beds

14 Baths

6,971 SqFt


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$ 1,800,000
Est. payment | /mo
Save

12 Beds

14 Baths

6,971 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 6,971 sqft

Price per Sqft $258

MLS Listing ID 24069480

Style Other

Bedrooms 12

Full Baths 14

Year Built 1885

Annual Tax Amount $14,009

Lot Size 10,018 Sqft

Property Description

Lucrative investment opportunity in the high demand neighborhood of Meriden, CT. Fully renovated, two-building package contains 14 units, including 6 studios, 6 one-bedroom, and 2 brand new, three-bedroom units! Units are occupied with strong current tenants, some below market rents. Current owner has invested nearly $500,000 capital improvements over the past two years (please see attached.) The unit interiors, buildings exteriors, parking lot and major systems (HVAC, electrical, plumbing) are recently upgraded. No deferred maintenance. Solid local management (costs included on the P&L). Investors will appreciate the strong rental history, providing a reliable income stream. Ample off-street parking in newly paved lot is available for tenants, adding convenience and value to the property. Potential for additional income by adding a laundry room in the basement area that is roughed-in and has a separate exterior entrance. 260 Liberty St is a complete remodel gut job 2 family home. 252-254 Liberty St is a 12 unit with newer heating and hot water systems. 10 out of 12 units have been renovated within the past couple years. 252-254 Liberty has a newer roof, newer windows, and the exterior was repainted 2024. 252-254 Liberty St was built 1885. 260 Liberty St was built 1920.

Location

State CT

County New Haven

Zoning R-2

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Radiator

Cooling None

Exterior

Exterior Feature Porch, Gutters, Covered Deck

Parking Features None, Paved, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle,Gable

Building

Lot Description Level Lot

Foundation Brick, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Anthony Kosienski • Complete Real Estate
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252-254 & 260 Liberty Street