Active

53 Washington Street

Meriden, CT 06451

$650,000 $2,740/Mo

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Overview

Bed

Bath

3,825

Sqft

0.12

Acre(Lot)

Description

8.5 Cap On Entry! Fully occupied 5-unit multifamily delivering immediate, stable cash flow in the heart of Meriden. This turnkey asset is a rare find for investors seeking in-place income with zero lease-up risk - all 5 units are occupied and producing revenue from day one. The building has been well maintained and features classic New England curb appeal with a beautifully kept blue shingle exterior and a grand covered front porch with architectural columns. One unit has been fully gut-renovated to today's modern standards - new flooring throughout, fully remodeled kitchen with new appliances, updated cabinetry and countertops, and a completely redone bathroom with contemporary fixtures - providing a clear value-add roadmap for the remaining units as as they turn. The cash flow consiste ncy and upside potential that makes it a compelling addition to any portfolio. Conveniently located near shopping, dining, schools, and major commuter routes, tenant demand in this Meriden neighborhood remains strong.

Property Details

Property Type : Residential Income

Price : $650,000

AD Id : 79053092

MLS Id : 24177238

Beds : 8

Lot Size : 0.12 Acre

Living Area Size : 3,825

Year Built : 1900

County : New Haven

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 5 Full Baths: 5

Room Information

Rooms Total: 23 Has Basement: Yes Basement: Full, Unfinished
Roofing Information

Asphalt
Interior Features

Roof: Asphalt Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

Building Information

Year Built: 1900 Building Area Total: 3825 Construction Materials: Shingle Siding, Frame Patio And Porch Features: Porch Private Pool: No

Lot Information

Lot Size Acres: 0.12 Lot Description: Level

Listing Price Information

Listing Price: $650000

Tax Information

Parcel Number: 1167563 Annual Tax: $7486

School Information

Elementary School: John Barry

Junior High School: Per Board of Ed

Senior High School: Orville H. Platt
Location Information

Direction: GPS WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
326 Cook Avenue, Meriden, CT, 06451	$400,000	4	2	2,166	2,166 SqFt
142 Gracey Avenue, Meriden, CT, 06451	$499,999	5	2	2,508	2,508 SqFt
288 Cook Avenue, Meriden, CT, 06451	$479,900	4	3	3,349	3,349 SqFt
16 Winthrop Street, Meriden, CT, 06451	$419,999	6	2	1,698	1,698 SqFt
200 W Main Street, Meriden, CT, 06451	$449,900	2	4	3,374	3,374 SqFt
203 Spring Street, Meriden, CT, 06451	$365,000	4	2	1,848	1,848 SqFt
56 N First Street, Meriden, CT, 06451	$475,000	12	3	2,990	2,990 SqFt
67 Pine Street, Meriden, CT, 06451	$400,000	4	2	1,758	1,758 SqFt
58 South Avenue, Meriden, CT, 06451	$400,000	5	3	1,872	1,872 SqFt
3 Pasco Street, Meriden, CT, 06451	$324,999	4	2	1,912	1,912 SqFt

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IDX 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. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 06/12/2026 @ 06:26

MLS: 24177238 LISTED BY: Justin Sudol, Alpha Capital Realty, LLC SOURCE: SmartMLS