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Meriden 06450
254 S Colony Street
$219,950
Multifamily - In Contract

254 S Colony Street

Meriden, Connecticut 06450
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2634 Sqft
$1,431
Estimated Monthly
$0
HOA / Fees
16.36%
Cap Rate

About This Property

This 2-family residence presents an excellent investment opportunity for those with a vision for renovation and value appreciation. Priced to reflect its current condition, this property offers significant potential for the savvy investor or homeowner looking to make their mark. The house features two distinct units, offering flexibility for rental income or multigenerational living arrangements. With two bedrooms, the first-floor unit provides comfortable living space with hardwood floors and ample natural light. The second unit, located on the upper level, offers additional living space with a finished attic. This unit comprises three bedrooms and two full baths, providing plenty of room for a growing family or potential rental income. Each unit has its own separate utilities. The exterior of the property features low-maintenance vinyl siding and vinyl replacement windows. With the potential to modernize interiors, upgrade amenities, and enhance curb appeal, this property offers an excellent opportunity to maximize return on investment.
Unit Size
2,634Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$84
Property Type
Multifamily
Property Taxes
$351
HOA Dues
-
Year Built
1890
Last updated: 4 days ago (Smart MLS #24008460)

Price History

Date / Event Date Event Price
May 3, 2024 In contract -
In contract
Apr 18, 2024 Listed by eXp Realty $219,950
Listed by eXp Realty

Property Highlights

Parking Details
Garage Features: None
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 3
Total Bathrooms: 3

Room Information

Total Rooms: 10

Basement Information

Has Basement
Full

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
3 Baths
2,179 ft²
$101/ft²
$220,000 Jun 15, 2023
$220,000 Feb 22, 2024
$376/mo
House
4 Beds
2 Baths
1,465 ft²
$164/ft²
$240,000 Dec 29, 2023
$240,000 Feb 26, 2024
$336/mo
House
3 Beds
1 Bath
1,484 ft²
$120/ft²
$177,500 Aug 7, 2023
$177,500 Sep 15, 2023
$269/mo
House
3 Beds
2 Baths
1,190 ft²
$202/ft²
$240,000 Aug 25, 2023
$240,000 Sep 29, 2023
$308/mo
House
3 Beds
2 Baths
924 ft²
$260/ft²
$240,000 Jul 15, 2023
$240,000 Sep 11, 2023
$383/mo
Multifamily
3 Beds
2 Baths
2,364 ft²
$106/ft²
$249,900 Mar 11, 2024
-
$418/mo
In Contract
House
3 Beds
1 Bath
1,484 ft²
$128/ft²
$189,900 Feb 26, 2024
-
$269/mo
In Contract
House
3 Beds
1 Bath
1,464 ft²
$164/ft²
$240,000 Jan 15, 2024
-
$359/mo
House
2 Beds
1 Bath
1,310 ft²
$191/ft²
$250,000 Apr 23, 2023
-
$319/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

254 South Colony Street 254 South Colony Street, Meriden, CT 06450
  • 1 Unit for Sale
More about this Building
254 South Colony Street
Want to find out who owns 254 South Colony Street, Meriden, CT 06450? Get detailed property transactions here .

About Meriden


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