96 Franklin Street

Meriden, CT 06450 Directions
$450,000
  • 8Bed
  • 3Baths
  • 2,611Sqft
  • 0.11Acres
  • 1880Built
  • $172Price/Sqft

Property Highlights

  • Style: 3updown - Unit(s) per Floor
  • Days on Market: 35
  • MLS: 24168173

Property Highlights

  • Style: 3updown - Unit(s) per Floor
  • Days on Market: 35
  • MLS: 24168173

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,...

Property Highlights

  • Style: 3updown - Unit(s) per Floor
  • Days on Market: 35
  • MLS: 24168173

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.

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.

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  • Additional Information
    • Acres: 0.11
    • Basement Description: Full, Unfinished
    • Garage: Driveway, Off Street Parking
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Living Area SqFt: 2,611
    • Property Tax: $4,885
    • Sewer: Public Sewer Connected
    • Style: 3updown - Unit(s) per Floor
    • Tax Amount: $4,885
    • Unit Count: 3
    • Year Built: 1880
    • Year Built Details: Public Records
    • Zoning: R-3
  • Interior Features
    • Air Conditioning: Window Unit
    • Beds: 8
    • Cooling: Window Unit
    • Full Baths: 3
    • Furnace Type: Electric, Natural Gas
    • Heat: Electric, Natural Gas
    • Heat Fuel: Electric, Natural Gas
    • Hot Water: Natural Gas, 40 Gallon Tank
    • Rooms: 14
    • Total Baths: 3
  • Exterior Features
    • Exterior Siding: Wood
    • House Color: Yellow
    • Roof: Asphalt Shingle

Listing Courtesy of Arian Hoxha of Serhant Connecticut, Llc.

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