$219,950
●
Multifamily -
In Contract
254 S Colony Street
Meriden, Connecticut 06450
5 Beds
3 Baths
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
Listed By
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
Exterior Details
Property Information
Total Heated Above Grade Square Feet: 2634
Year Built Source: Public Records
Year Built: 1890
Building Information
Foundation Type: Brick
Roof: Asphalt Shingle
Architectural Style: Units on different Floors
Financial Details
Property Tax: $4,209
Assessed Value: $113,400
Utilities Details
Cooling Type: None
Heating Type: Baseboard
Heating Fuel: Oil
Hot Water: 30 Gallon Tank
Sewage System: Public Sewer Connected
Water Source: Public Water Connected
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
3
Baths
2,179 ft²
$101/ft²
$220,000
Jun 15, 2023
$220,000
Feb 22, 2024
$376/mo
Sold
House
4
Beds
2
Baths
1,465 ft²
$164/ft²
$240,000
Dec 29, 2023
$240,000
Feb 26, 2024
$336/mo
Sold
House
3
Beds
1
Bath
1,484 ft²
$120/ft²
$177,500
Aug 7, 2023
$177,500
Sep 15, 2023
$269/mo
Sold
House
3
Beds
2
Baths
1,190 ft²
$202/ft²
$240,000
Aug 25, 2023
$240,000
Sep 29, 2023
$308/mo
Sold
House
3
Beds
2
Baths
924 ft²
$260/ft²
$240,000
Jul 15, 2023
$240,000
Sep 11, 2023
$383/mo
In Contract
Multifamily
3
Beds
2
Baths
2,364 ft²
$106/ft²
$249,900
Mar 11, 2024
-
$418/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