53 Washington Street, Meriden, CT 06451 (MLS # 24177238)
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.
Property Type(s):
Multi Family
|
Last Updated
|
5/21/2026
|
Year Built
|
1900
|
|
County
|
New Haven
|
SCHOOLS
| Elementary School |
John Barry |
| Jr. High School |
Per Board of Ed |
| High School |
Orville H. Platt |
Additional Details
| AIR |
None |
| APPLIANCES |
Gas Water Heater |
| BASEMENT |
Full, Unfinished, Yes |
| CONSTRUCTION |
Frame, Shingle Siding |
| HEAT |
Forced Air, Natural Gas |
| LOT |
5227 sq ft |
| LOT DESCRIPTION |
Level |
| SEWER |
Public Sewer |
| STYLE |
Units are Side-by-Side |
| TAXES |
7486 |
| WATER |
Public |
| ZONING |
R-2 |
Location
Listing courtesy of Alpha Capital Realty, LLC
Copyright Smart MLS. All rights reserved. Information is deemed reliable but not guaranteed to be accurate.
This IDX solution is (c) Diverse Solutions 2026.
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