Property
| Ownership: | Commercial |
|---|---|
| Type: | Commercial |
| Bathrooms: | 3 |
| Area: | 6840 sq ft |
FinancialsPrice:$950,000Annual Taxes:$16,018
Description117 Lincoln Street, Meriden - Eight-Unit Investment near the New Station A handsome 1890s building with modern fundamentals, 117 Lincoln Street sits near Meriden's new train station-exactly where renters want to be. Seller is selling the investment property OR completely renovated*. Behind its classic lines are eight apartments, heated by natural-gas, and the unicorn every in-town owner covets: parking available for up to 17 cars. Think of stable cash flow today and clear upside tomorrow-activate common areas, add storage/bike parking, and watch the rent roll rise. For the owner-occupant, it's the rare chance to live in one and let seven help pay the note; for the investor, it's a well-located, easy-to-operate hold in a commuter corridor linking New Haven, Hartford, and beyond. Lower carrying costs, transit convenience, and authentic 19th-century character-this is the multifamily story buyers actually want to tell.Amenities- Elementary School -
- High School -
- Intermediate School -
- Lighting
- Outside Storage Area
NeighborhoodMore listings:
- Elementary School -
- High School -
- Intermediate School -
- Lighting
- Outside Storage Area
NeighborhoodMore listings:
117 Lincoln Street, Meriden Eight Unit Investment near the New Station A handsome 1890s building with modern fundamentals, 117 Lincoln Street sits near Meriden's new train station exactly where renters ...
Description117 Lincoln Street, Meriden - Eight-Unit Investment near the New Station A handsome 1890s building with modern fundamentals, 117 Lincoln Street sits near Meriden's new train station-exactly where renters want to be. Seller is selling the investment property OR completely renovated*. Behind its classic lines are eight apartments, heated by natural-gas, and the unicorn every in-town owner covets: parking available for up to 17 cars. Think of stable cash flow today and clear upside tomorrow-activate common areas, add storage/bike parking, and watch the rent roll rise. For the owner-occupant, it's the rare chance to live in one and let seven help pay the note; for the investor, it's a well-located, easy-to-operate hold in a commuter corridor linking New Haven, Hartford, and beyond. Lower carrying costs, transit convenience, and authentic 19th-century character-this is the multifamily story buyers actually want to tell.Amenities- Elementary School -
- High School -
- Intermediate School -
- Lighting
- Outside Storage Area
NeighborhoodMore listings:
- Elementary School -
- High School -
- Intermediate School -
- Lighting
- Outside Storage Area
NeighborhoodMore listings:
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
