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$ 950,000
Est. payment | /mo
3 Baths
6,840 SqFt
$ 950,000
Est. payment | /mo
3 Baths
6,840 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,840 sqft
Price per Sqft $138
MLS Listing ID 24130568
Full Baths 3
Year Built 1895
Annual Tax Amount $16,018
Lot Size 9,583 Sqft
Property Description
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.
Location
State CT
County New Haven
Zoning C-1, R3
Interior
Heating Hydro Air
Cooling None
Flooring Tile, Wall-to-Wall Carpet, Wood
Exterior
Exterior Feature Lighting, Outside Storage Area
Parking Features Parking Lot, Off Street Parking
Utilities Available Electric, Gas
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 3
Foundation Brick, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Patricia Snipes • Dalvis Realty
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Ilka Torres
Broker | License ID: REB.0794005