19 Goodwill Ave - Specialty FOR SALE


Meriden, CT 06451- Meriden/Wallingford
$750,000 USD
203-889-8336
19 Goodwill Ave, Meriden, CT for Sale
$750,000 USD
Specialty - FOR SALE
1/40
null | Request Cap Rate

NEW


19 Goodwill Ave
Meriden, CT 06451
Meriden/Wallingford


OVERVIEW

Investment Opportunity & Ideal for 1031 Exchange ... ! Nestled in the heart of Meriden, 19 Goodwill Ave offers an incredible opportunity for investors looking to capitalize on a prime real estate asset. This well-located building is set to undergo a conversion into a multi-unit apartment building, making it a lucrative addition to any portfolio. This is fully approved for 15 units; the new buyer will need to submit for a building permit. 15 units broken down into 11 one bedroom apartments and 4 efficiencies. The rent for section 8 efficiency is $1,465 and 1 bedroom is $1,567. The seller currently has the following and will share with potential buyers with an NDA signed and verified buyer information along with proof of funds: Electrical Stamped drawings, Mechanical Stamped drawings, Architectural Drawings, Civil drawings. The property will be transformed into modern, high-demand rental units, providing steady cash flow potential in a growing market. With its strategic location in Meriden, a city that is increasingly attractive due to its proximity to major highways, commuter access, and ongoing redevelopment initiatives, this property is poised for long-term appreciation.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,942 SF

ZONING

C-1

APN/PARCEL ID

MERI-000102-000005-000021-000029

ASK ABOUT THIS PROPERTY

Lauren FreedmanColdwell Banker RealtyMore Info
203-889-8336

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Lauren FreedmanColdwell Banker RealtyMore Info
203-889-8336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.