117 Lincoln Street

Meriden, Connecticut 06451

Status
For Sale
Square Feet
6,840
Beds
0
Price
$950,000
Type
Commercial For Sale
Garages
Baths
3
MLS
24130568

Price

$950,000

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Interior Details

Interior Size
6,840 Sq Ft
Bedrooms
0
Bathrooms
3
Rooms Total
Garage

Exterior Details

Lot Size
0.22 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$16,018
Assessed Value
$422,520
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

117 Lincoln Street, Meriden - Eight-Unit Investment near the New Station A handsome 1890s building with modern fundamentals, 117 Lincoln Street sits near Meriden's new train station-exactly where renters want to be. Seller is selling the investment property OR completely renovated*. Behind its classic lines are eight apartments, heated by natural-gas, and the unicorn every in-town owner covets: parking available for up to 17 cars. Think of stable cash flow today and clear upside tomorrow-activate common areas, add storage/bike parking, and watch the rent roll rise. For the owner-occupant, it's the rare chance to live in one and let seven help pay the note; for the investor, it's a well-located, easy-to-operate hold in a commuter corridor linking New Haven, Hartford, and beyond. Lower carrying costs, transit convenience, and authentic 19th-century character-this is the multifamily story buyers actually want to tell.
Listed by Dalvis Realty, Patricia Snipes. Data sourced from SmartMLS

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