114-120 Franklin Street, Meriden, CT offers a fantastic opportunity for investors looking to add a strong, income-producing property to their portfolio. This unique property features a fully rented two-family home along with a separate single-family home situated on the same 0.14-acre lot, providing excellent versatility and long-term value. The two-family home offers approximately 2,730 square feet of living space and is currently generating reliable rental income with both units rented at $1,600 per month. The first-floor unit has been recently repainted, new kitchen flooring, both bedrooms and bathroom have new flooring and the first floor has a new shower enclosure, new bathroom vanity, exhasust fan & toilet and new stove hood vent/fan. Newly installed washer/dryer hookups in 114 Franklin St and Both buildings feature low-maintenance vinyl siding and newer roofs. Additional highlights include a fenced-in backyard and convenient off-street parking. With solid rental income, well-maintained buildings, and a desirable setup, this fully occupied, income-producing property is a must-see investment opportunity.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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