
Property Attributes
- MLS#170508551
- TypeCommercial
- CountyNEW HAVEN
- CityMeriden
- Zip06450
- StyleCommercial For Sale
- Year Built1876
- Taxes$ 11215
- Price$ 625,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8814
- Lot Size0.43 Acres
Data Source:
Smart MLS
Property Description
Stately Italianate Victorian with a storied history. All units occupied with excellent tenants. All leases have annual increases built in. Coin Operated Laundry in basement provides extra income. 3 garages are rented. 5 off street parking spaces. All units are in excellent condition, and each unit has a 5 year certificate of compliance that was renewed in June of 2022. This property is a solid 9+% CAP rate. No showings without verification of Buyer's financial qualifications, either proof of funds OR a Commercial Letter of Qualification from a certified Lender-No exceptions. Commercial financing required with a minimum of 25% down. Certified Commercial Appraisal available for Pre-Qualified Buyers.
Price History | |
---|---|
7/13/2022 | Listed $649,900 |
5/25/2023 | 4% - $625,000 |
General Features
Acres | 0.4300 |
---|---|
Commercial Catagory | Investment, Residential Income |
Location | Downtown, Urban |
Neighborhood | N/A |
Present Use | Apartment Building |
Property Type | Commercial For Sale |
Status | Active |
Tax Year | July 2022-June 2023 |
Utilities Available | Electric, Gas, Cable Available |
Virtual Tour | https://app.immoviewer.com/landing/unbranded/62cf731bff6000261ae43960 |
Virtual Tour Yn | Yes |
Year Built | 1876 |
Zoning | R-3 |
Interior Features
Cooling System | None |
---|---|
Flooring | Ceramic Tile, Vinyl, Wall-to-Wall Carpet, Wood |
Heat Fuel Type | Gas In Street, Natural Gas |
Heat Type | Baseboard, Gas on Gas, Radiator |
Sq Ft Residential | 8814 |
Sq Ft Source | Public Records |
Sq Ft Total | 8814 |
Total Numof Units | 5 |
Unit Count | 5 |
Exterior Features
Foundation | Concrete, Stone |
---|---|
Garage Parking Info | Detached Garage, Assigned Parking, Off Street Parking |
Lot Description | Sloping Lot, Treed |
Parking Spaces Covered | 4 |
Parking Spaces Uncovered | 5 |
Parking Total Spaces | 9 |
Road Frontage Description | Municipal Street, Paved Road |
Roof Information | Asphalt Shingle |
Sewage System | Public Sewer Connected |
Water Source | Public Water Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool