Properties

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.

Features
Heating System:
Radiator
Cooling System:
Window Unit
Foundation Type:
Stone, Brick
Heat Fuel Type:
Natural Gas
Exterior Features:
Sidewalk
Flooring:
Vinyl, Wood, Tile
Fireplaces Total:
0
Parking Total Spaces:
14
Location:
Suburban, Downtown
Lot Description:
N/a
Water Source:
Public Water Connected
Address Map
Street:
Liberty
Street Number:
252-254 & 260
Floor Number:
0
Longitude:
W73° 12′ 39.1”
Latitude:
N41° 32′ 6.6”
MLS Addon
Office Name:
Complete Real Estate
Agent Name:
Anthony Kosienski
List Agent MLSID:
849606
List Office MLSID:
COMP01
Tax Year:
July 2024-June 2025
Directions:
GPS Friendly
HOA Fee Amount:
$0
Parcel Number:
999999999
Property Tax:
$8,733
Zoning:
R-2

Commercial For Sale

252-254 & 260 Liberty, Meriden, 06450

0 Bedrooms
3 Bathrooms
6,971 Sqft
$1,800,000
Listing ID #24141737
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24141737
Price :
$1,800,000
Bedrooms :
0
Baths Total :
3
Bathrooms :
3
Half Bathrooms :
0
Square Footage :
6,971 Sqft
Year Built :
1920
Lot Area :
0.33 Acre
City:
Meriden
Zipcode:
06450
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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