Active

252-254 & 260 Liberty Street

Meriden CT, 06450

$1,800,000


$258.21 per sqft

Active

12 Beds

14 Baths

6,971 sqft

Multi-family

Built in 1885

Lucrative investment opportunity in the high demand neighborhood of Meriden, CT. Fully renovated, two-building package contains 14 units, including 6 studios, 6 one-bedroom, and 2 brand new, three-bedroom units! Units are occupied with strong current tenants, some below market rents. Current owner has invested nearly $500,000 capital improvements over the past two years (please see attached.) The unit interiors, buildings exteriors, parking lot and major systems (HVAC, electrical, plumbing) are recently upgraded. No deferred maintenance. Solid local management (costs included on the P&L). Investors will appreciate the strong rental history, providing a reliable income stream. Ample off-street parking in newly paved lot is available for tenants, adding convenience and value to the property. Potential for additional income by adding a laundry room in the basement area that is roughed-in and has a separate exterior entrance. 260 Liberty St is a complete remodel gut job 2 family home. 252-254 Liberty St is a 12 unit with newer heating and hot water systems. 10 out of 12 units have been renovated within the past couple years. 252-254 Liberty has a newer roof, newer windows, and the exterior was repainted 2024. 252-254 Liberty St was built 1885. 260 Liberty St was built 1920.

24069480

MLS ID

January 19, 2025

Listed

January 21, 2025

Updated

Map

252-254 & 260 Liberty Street
Meriden CT, 06450

Interior Features

Bedrooms

12


Total Bathrooms

14


Full Bathrooms

14


Appliances

Gas Water Heater


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas, Baseboard, Hot Water

Exterior/Building Features

Lot Size

0.23 Acres


Lot Features

Level


Architectual Style

Other


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

Per Board of Ed


Elementary School

Per Board of Ed

Other Property Details

Area Name

N/A


Taxes

$14,009


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

Off Street, None


Parking Total

12


View

No


County

New Haven


Water Source

Public


Pool

No


Zoning

R-2

Listed by Anthony Kosienski with Complete Real Estate

Listing Contact: 8605386940 

The IDX display contains information sourced from the  Smart MLS, Inc as of 1/21/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025  Smart MLS, Inc all rights reserved.

Data last updated on 1/21/2025 at 6:38 PM UTC

Powered byLuxury Presence