96 Franklin Street, Meriden, CT 06450 (MLS # 24168173)

Price $450,000
Status Active
Beds 8
Baths 3 Baths
Home size 2,611 sqft
Lot Size 4,792 sqft
Days on Market 35
Income-producing 3-family property with strong investment potential in a convenient location. 96 Franklin Street features an attractive unit mix of two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each with a functional layout including a dedicated living room. Ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Property includes separate utilities for each unit and natural gas heating, offering efficiency and ease of management. Off-street parking adds additional tenant appeal and long-term rental stability. The building presents a solid opportunity for cash flow, value-add potential, and portfolio growth. Located in a high-demand rental area with close proximity to shopping, restaurants, public transportation, and major commuting routes. Whether you're looking for a turnkey multi-family investment or a property with upside through rental increases or improvements, this asset offers flexibility and long-term potential.
Property Type(s): Multi Family
Last Updated 5/12/2026 Year Built 1880
County New Haven

SCHOOLS

Elementary School Per Board of Ed
High School Per Board of Ed

Price History

Prior to May 12, '26 $424,990
May 12, '26 - Today $450,000

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Frame, Wood Siding
HEAT Baseboard, Electric, Forced Air, Natural Gas
LOT 4792 sq ft
LOT DESCRIPTION Level
PARKING Off Street, Private, Driveway
SEWER Public Sewer
STYLE 3updown - Unit(s) per Floor
TAXES 4885
WATER Public
ZONING R-3

Location

 

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Listing courtesy of Serhant Connecticut, LLC
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