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