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$424,990
Est. payment /mo
8 Beds
3 Baths
2,611 SqFt
New
96 Franklin Street Meriden, CT 06450
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,611 sqft
Price per Sqft $162
MLS Listing ID 24168173
Style 3updown - Unit(s) per Floor
Bedrooms 8
Full Baths 3
Year Built 1880
Annual Tax Amount $4,885
Lot Size 4,791 Sqft
Property Sub-Type 3 Family
Property Description
Income-producing 3-family property with strong investment potential in a convenient location. 96 Franklin Street features an attractive unit mix of two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each with a functional layout including a dedicated living room. Ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Property includes separate utilities for each unit and natural gas heating, offering efficiency and ease of management. Off-street parking adds additional tenant appeal and long-term rental stability. The building presents a solid opportunity for cash flow, value-add potential, and portfolio growth. Located in a high-demand rental area with close proximity to shopping, restaurants, public transportation, and major commuting routes. Whether you're looking for a turnkey multi-family investment or a property with upside through rental increases or improvements, this asset offers flexibility and long-term potential.
Location
State CT
County New Haven
Zoning R-3
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Hot Air
Cooling Window Unit
Exterior
Parking Features Driveway, Off Street Parking
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Arian Hoxha • Serhant Connecticut, LLC
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