$650,000

53 Washington Street, Meriden, CT 06451

  • 8 beds |
  • 5 baths |
  • 3,825 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $170/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

8.5 Cap On Entry! Fully occupied 5-unit multifamily delivering immediate, stable cash flow in the heart of Meriden. This turnkey asset is a rare find for investors seeking in-place income with zero lease-up risk - all 5 units are occupied and producing revenue from day one. The building has been well maintained and features classic New England curb appeal with a beautifully kept blue shingle exterior and a grand covered front porch with architectural columns. One unit has been fully gut-renovated to today's modern standards - new flooring throughout, fully remodeled kitchen with new appliances, updated cabinetry and countertops, and a completely redone bathroom with contemporary fixtures - providing a clear value-add roadmap for the remaining units as as they turn. The cash flow consistency and upside potential that makes it a compelling addition to any portfolio. Conveniently located near shopping, dining, schools, and major commuter routes, tenant demand in this Meriden neighborhood remains strong.

Listing Status:
Active
Date Added:
May 21, 2026
Data Last Updated:
June 26, 2026 at 12:50PM
Listing Office:
Alpha Capital Realty, LLC : (860) 507-3394
Listing Agent:
Justin Sudol : (203) 980-6412
MLS ID:
24177238
  • Basement: FullUnfinishedHatchway Access
  • A/C: None
  • Heating: Hot AirNatural Gas
  • Fireplace: Fireplaces: 0
  • General: Porch
  • Style: Units are Side-by-Side
  • Roofing: Asphalt Shingle
  • County: New Haven
  • Zoning: R-21167563
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Justin Sudol , Alpha Capital Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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