117 Lincoln Street new

Meriden,CT 06451

$ 950000

0 Bed

3 Baths

6840 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,840 sqft

Price per Sqft $138

MLS Listing ID 24130568

Full Baths 3

Year Built 1895

Annual Tax Amount $16,018

Lot Size 9,583 Sqft

Property Description

117 Lincoln Street, Meriden - Eight-Unit Investment near the New Station A handsome 1890s building with modern fundamentals, 117 Lincoln Street sits near Meriden's new train station-exactly where renters want to be. Seller is selling the investment property OR completely renovated*. Behind its classic lines are eight apartments, heated by natural-gas, and the unicorn every in-town owner covets: parking available for up to 17 cars. Think of stable cash flow today and clear upside tomorrow-activate common areas, add storage/bike parking, and watch the rent roll rise. For the owner-occupant, it's the rare chance to live in one and let seven help pay the note; for the investor, it's a well-located, easy-to-operate hold in a commuter corridor linking New Haven, Hartford, and beyond. Lower carrying costs, transit convenience, and authentic 19th-century character-this is the multifamily story buyers actually want to tell.

Location

State CT

County New Haven

Zoning C-1, R3

Interior

Heating Hydro Air

Cooling None

Flooring Tile,Wall-to-Wall Carpet,Wood

Exterior

Exterior Feature Lighting,Outside Storage Area

Parking Features Parking Lot,Off Street Parking

Utilities Available Electric,Gas

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 3

Foundation Brick,Stone

Sewer Public Sewer Connected

Water Public Water Connected

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