113 East Main St

Meriden, CT 06450 View Map $580,000 Ask a Question
Beds9
Baths6
Sq.Ft.6,105
Year1885
113 East Main St Meriden, CT 06450 | MLS 170613850 Photo 1
113 East Main St Meriden, CT 06450 | MLS 170613850 Map

Ki Property Group

(203) 745-5682

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Status: Sold
Property Type:5 Family+
MLS #:170613850
Sq. Feet:6,105
Date Sold:5/1/2024
Lot Size:0.45 Acres
County:New Haven
Investors Take Notice! Presenting a 6-unit multifamily property in Meriden, CT, featuring a practical unit mix of 3 two-bedroom, one-bath units and 3 one-bedroom, one-bath units. The property is diligently maintained and currently operates at a 7.5+% capitalization rate, attesting to its strong financial performance. Located conveniently in Meriden, the property offers easy access to amenities, schools, and major transportation routes. Extremely well maintained! For potential investors seeking a straightforward and reliable income stream, solid tenants and gorgeous building!! Will not last!

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/2/2024$624,900$580,000-7.2%

Community Information

Address:113 East Main St, Meriden, CT 06450
County:New Haven
City:Meriden
Zip Code:06450

School Information

High School:Per Board of Ed
Elementary School:Per Board of Ed

Architecture

Bedrooms: 9
Bathrooms: 6
Year Built:1885
Stories:0
Exterior Siding: Vinyl Siding
Property Sub Type: 5 Family+
Unit 1 Appliances: Oven/Range, Refrigerator
Unit 1 Unit Full Baths: 1
Unit 1 Unit Monthly Rent: 1100
Unit 1 unit Number Bed Rooms: 1
Unit 2 Appliances: Oven/Range, Refrigerator
Unit 2 Unit Full Baths: 1
Unit 2 Unit Monthly Rent: 1200
Unit 2 unit Number Bed Rooms: 2
Unit 3 Appliances: Oven/Range, Refrigerator
Unit 3 Unit Full Baths: 1
Unit 3 Unit Monthly Rent: 1100
Unit 3 unit Number Bed Rooms: 1
Unit 4 Appliances: Oven/Range, Refrigerator
Unit 4 Unit Full Baths: 1
Unit 4 Unit Monthly Rent: 1100
Unit 4 unit Number Bed Rooms: 1
Unit 5 Appliances: Oven/Range, Refrigerator
Unit 5 Unit Full Baths: 1
Unit 5 Unit Monthly Rent: 1200
Unit 5 unit Number Bed Rooms: 2
Unit 6 Appliances: Oven/Range, Refrigerator
Unit 6 Unit Full Baths: 1
Unit 6 Unit Monthly Rent: 1200
Unit 6 unit Number Bed Rooms: 2
Roof Information: Asphalt Shingle
Foundation: Masonry, Wood
Basement Description: Unfinished, Dirt Floor, Walk-out
Garage Parking: Driveway, Paved

Features / Amenities

Laundry Room Information: Basement Hook-Up(s)
Exterior Features: Porch
Exterior Siding: Vinyl Siding
Heat Fuel Type: Natural Gas
Heat Type: Radiator
Fuel Tank Location: In Basement

Property Features

Lot Size: 0.45 Acres
Lot Description: N/A
Water Source: Public Water Connected
Hot Water Description: 80 Gallon Tank
Sewage System: Public Sewer Connected
Driveway: Private
Zoning:Tod-C
Directions:East Main St. between Willlow st and Pleasant St.

Tax and Financial Info

Financing Used: Conventional Fixed
Gross Annual Income: $82,800
Gross Annual Expense: $33,025
Net Operating Income: 49775
Possession Availability: Negotiable

Schools

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Listing Information Last Updated 6/19/2024
Listing provided courtesy of Alpha Capital Realty, LLC.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Ki Property Group are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.