Meriden, CT 06450,114 Franklin Street

$495,000

Est. payment /mo

$449,900

10.0%
Est.Price: ?

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114 Franklin Street Meriden, CT 06450

6 Beds

3 Baths

3,648 SqFt

SOLD DATE : 09/12/2025

Key Details

Sold Price $495,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,648 sqft

Price per Sqft $135

MLS Listing ID 24116133

Sold Date 09/12/25

Style Other

Bedrooms 6

Full Baths 3

Year Built 1920

Annual Tax Amount $7,075

Lot Size 6,098 Sqft

Property Sub-Type 3 Family

Property Description

HIGHEST AND BEST DEADLINE MONDAY 8/11 by 12pm est. Unlock the potential of this unique property featuring two separate homes on one lot - a fully detached single-family home and a charming two-family residence, totaling three rental units. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others help pay your mortgage, this setup offers incredible flexibility. The second-floor unit of the two-family is currently vacant, making it a perfect opportunity for an owner-occupant or an easy value-add for your portfolio. Recent updates include new roofs on both buildings and a brand new front porch on the two-family (2023). All units feature separate electric and gas meters, and tenants handle their own utility bills. Plus, with forced hot air heating, future central A/C upgrades could be more straightforward. Located in a city that provides municipal trash pickup, this low-maintenance property is a smart addition to any real estate strategy. Don't miss your chance to own this versatile multi-structure investment! This one could CRUSH the 1% rule

Location

State CT

County New Haven

Zoning R-3

Rooms

Basement Full, Unfinished

Interior

Heating Hot Air

Cooling Window Unit

Exterior

Exterior Feature Deck

Parking Features None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

Middle Schools Per Board Of Ed

High Schools Per Board Of Ed

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Listed by Tyanna Housley • Real Broker CT, LLC
Bought with Gregorio Santiago • Weichert, Realtors-On The Mark
Anthony Rivera

Anthony Rivera

Agent | License ID: RES.0828183

+1(860) 966-4365

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