25 New St - Apartments FOR SALE


Meriden, CT 06450
$565,000 USD
203-500-9122
25 New St, Meriden, CT for Sale
$565,000 USD
Apartments - FOR SALE
1/1
null | 11.27% Cap Rate

25 New St
Meriden, CT 06450


OVERVIEW

An outstanding multifamily property set in a bustling neighborhood on a dead-end street, presenting an exceptional opportunity for investors and homeowners alike. This property 4 units, each meticulously renovated to offer contemporary living spaces. With gas utilities ensuring efficient operations, and a remarkable 9-car bay garage providing ample parking and storage, this property is primed for versatility and convenience. Strategically located near schools, parks, and major transportation routes, it offers unmatched accessibility and appeal. Whether you're looking for a lucrative investment with stable rental income or a new home in a thriving community, this multifamily property offers a compelling blend of practicality and potential. Don't miss this chance to secure a property that combines modern amenities with strategic location for enduring value.

FOR SALE DETAILS

PRICE

$565,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

4

PRICE/UNIT

$141,250

CAP RATE

11.27%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

B3

APN/PARCEL ID

MERI-000220-000117-000019

ASK ABOUT THIS PROPERTY

Kyle JeppesenJ6 ManagementMore Info
203-500-9122

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Kyle JeppesenJ6 ManagementMore Info
203-500-9122

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