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114 Franklin Street, Meriden, CT 06450

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For Sale
Sale Pending

$449,900

6 beds3 baths3,648 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $123.33
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

HIGHEST AND BEST DEADLINE MONDAY 8/11 by 12pm est. Unlock the potential of this unique property featuring two separate homes on one lot - a fully detached single-family home and a charming two-family residence, totaling three rental units. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others help pay your mortgage, this setup offers incredible flexibility. The second-floor unit of the two-family is currently vacant, making it a perfect opportunity for an owner-occupant or an easy value-add for your portfolio. Recent updates include new roofs on both buildings and a brand new front porch on the two-family (2023). All units feature separate electric and gas meters, and tenants handle their own utility bills. Plus, with forced hot air heating, future central A/C upgrades could be more straightforward. Located in a city that provides municipal trash pickup, this low-maintenance property is a smart addition to any real estate strategy. Don't miss your chance to own this versatile multi-structure investment! This one could CRUSH the 1% rule
MLS# 24116133

Courtesy Of Real Broker CT, LLC

(855) 450-0442

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.14 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 114 Franklin Street, Meriden, CT 06450
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Home seller CENTURY 21 Scala Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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