This is a rare opportunity to own a mixed-use investment property in the heart of downtown Meriden, located in the C-1 zone. The property features four units: a street-level commercial space most recently used as a barber shop; a second-floor office formerly a CPA's office; a rear 1-bedroom apartment on the second floor; and a third-floor 1-bedroom apartment. The building offers strong value-add potential with flexibility for investors or owner-occupants. The second-floor office was previously configured as a residential unit and may offer potential for conversion back to an apartment with city approval. With a mix of residential and commercial space, the property provides opportunities for future income growth. Additional features include a rear parking lot for up to 10 vehicles. Heat and hot water are included via one boiler and one hot water heater. All tenants are month-to-month and would like to stay, offering flexibility for the next owner. Current rents: 1st-floor commercial $460/mo; 2nd-floor office $0/mo; 2nd-floor rear 1BR $525/mo; 3rd-floor 1BR $875/mo. Ideal for an owner-occupant or investor seeking flexible mixed-use space with income potential-don't miss this chance to unlock the property's full upside. Also listed as a commercial property MLS #24158010.
161 days
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305
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24
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Zillow last checked:
Listing updated:
Listed by:
Rob N. Clermont(203)675-6902,
Clermont Real Estate203-675-6902
Source: Smart MLS,MLS#: 24158058
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 4
Full bathrooms: 2
1/2 bathrooms: 2
Heating
Hot Water, Natural Gas
Cooling
Window Unit(s)
Appliances
Included: Gas Water Heater, Water Heater
Laundry: None
Features
Basement: Partial
Attic: None
Number of fireplaces: 1
Interior area
Total structure area: 2,594
Total interior livable area: 2,594 sqft
Finished area above ground: 1,950
Finished area below ground: 644
Property
Parking
Total spaces: 10
Parking features: Paved, Off Street, Driveway, Shared Driveway
Has uncovered spaces: Yes
Features
Patio & porch: Porch
Lot
Size: 7,840 Square Feet
Features: Sloped
Details
Parcel number: 1172476
Zoning: C-1
Construction
Type & style
Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family
Materials
Aluminum Siding
Foundation: Brick/Mortar, Stone
Roof: Asphalt
Condition
New construction: No
Year built: 1899
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Golf, Medical Facilities, Park, Pool, Shopping/Mall, Near Public Transport