An exceptional investment opportunity with multiple income streams, this mixed use property features two commercial storefronts, four two bedroom residential apartments, and six separate garage spaces.
| Website: | https://www.nestseekers.com/5596368 |
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| Address: | 109 Britannia Meriden, CT 06450 |
| Ownership: | Commercial |
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| Type: | Commercial |
| Bathrooms: | 2 |
| Area: | 4884 sq ft |
Financials
Price:$725,000
Annual Taxes:$7,935
Description
An exceptional investment opportunity with multiple income streams, this mixed-use property features two commercial storefronts, four two-bedroom residential apartments, and six separate garage spaces. With one apartment and one storefront currently vacant, investors have the opportunity to increase cash flow immediately through lease-up while benefiting from existing rental income. Each residential unit offers a functional two-bedroom layout, providing strong rental appeal, while the commercial spaces offer flexibility for a variety of business uses. The six detached garage spaces provide additional income potential or valuable storage options for tenants. Outside, a spacious, fully fenced backyard with a large rolling gate offers secure access and added versatility for storage, parking, or tenant use. Whether you're looking to expand your portfolio or acquire a well-positioned, income-producing asset with upside potential, this property presents a compelling opportunity for both seasoned and first-time investors.
Amenities
- Elementary School -
- High School -
- Intermediate School -
- Outside Storage Area
- Sidewalk
- Storage Building
- Window Unit
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Kelly Puorro of Puorro Realty Group | |