Address
68 Pleasant Street, Meriden, CT
Price
$ 625,000
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

Property vs Commercial Average in 06450

Price
AVG $470K
$630K
Taxes
AVG $8,711
$11,215
Visits
AVG 57
74
Year Built
AVG 1927
1876
Walkscore
AVG 66
76
Data Provided by Walkscore ® not using MLS data

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