T. 860-662-6493 text | call
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Presented by Mary Vi Homes Connecticut
ViBergman, LLC
Licensed in CT as ViBergman, LLC Real Estate Connecticut

53 Washington, Meriden, CT

$625,000

8 bedrooms5 full bathrooms3,825 square feet
T. 860-662-6493 text | call
Hello@MaryViHomes.com
Mary Vi crest
53 Washington, Meriden, CT

Overview

8.5 Cap On Entry! Fully occupied 5-unit multifamily delivering immediate, stable cash flow in the heart of Meriden. This turnkey asset is a rare find for investors seeking in-place income with zero lease-up risk - all 5 units are occupied and producing revenue from day one. The building has been well maintained and features classic New England curb appeal with a beautifully kept blue shingle exterior and a grand covered front porch with architectural columns. One unit has been fully gut-renovated to today's modern standards - new flooring throughout, fully remodeled kitchen with new appliances, updated cabinetry and countertops, and a completely redone bathroom with contemporary fixtures - providing a clear value-add roadmap for the remaining units as as they turn. The cash flow consistency and upside potential that makes it a compelling addition to any portfolio. Conveniently located near shopping, dining, schools, and major commuter routes, tenant demand in this Meriden neighborhood remains strong.

Property Details

MLS Number 24208753
List Price 625000
Status Active
Property Type Multi-Family For Sale
Property Sub Type 5 Family+
Beds Total 8
Baths Full 5
Baths Half 0
Total Rooms 23
Acres 0.12
Year Built 1900
Living Area SQFT Per Public Record 3825
Style Units are Side-by-Side
Basement Description Full,Unfinished,Hatchway Access
Fireplaces Total 0
Heat Type Hot Air
Heat Fuel Type Natural Gas
Cooling System None
Water Source Public Water Connected
Sewage System Public Sewer Connected
Direct Waterfront YN 0
Waterfront Description Not Applicable
Days on Market 26
Active Open House Count 1
T. 860-662-6493 text | call
Hello@MaryViHomes.com
Mary Vi crest
53 Washington, Meriden, CT

If you are interested in this property or would like to learn more, please contact Mary Vi Homes Connecticut at Hello@MaryViHomes.com or by calling 860-662-6493.