114 120 Franklin Street, Meriden, CT offers a fantastic opportunity for investors looking to add a strong, income producing property to their portfolio.


Property

Website:https://www.nestseekers.com/5546693
Address:
114-120 Franklin
Meriden, CT 06450
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 3
Area: 3648 sq ft

Financials

Price:$579,900
Annual Taxes:$7,075

Description

114-120 Franklin Street, Meriden, CT offers a fantastic opportunity for investors looking to add a strong, income-producing property to their portfolio. This unique property features a fully rented two-family home along with a separate single-family home situated on the same 0.14-acre lot, providing excellent versatility and long-term value. The two-family home offers approximately 2,730 square feet of living space and is currently generating reliable rental income with both units rented at $1,600 per month. The first-floor unit has been recently repainted, and both buildings feature low-maintenance vinyl siding and newer roofs. Additional highlights include a fenced-in backyard and convenient off-street parking. With solid rental income, well-maintained buildings, and a desirable setup, this fully occupied, income-producing property is a must-see investment opportunity.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School - Per Board of Ed

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Patrick Combs of Dan Combs Real Estate