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About This Home
This 8-bedroom, 3-bathroom residential multi family at 96 Franklin Street in Meriden, CT is listed for $424,990 ($163 per sqft). Built in 1880, the home offers 2,611 sqft of living space on a 0.11 acres lot.
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.
Key Features
- Built in 1880
- 0.11 acre lot
- 6 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
96 Franklin Street
Meriden, CT 06450
Property Details
Heating
Cooling
Questions & Answers
This 8-bedroom, 3-bathroom residential multi family at 96 Franklin Street is listed at $424,990 ($163/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.
Key features include: Built in 1880, 0.11 acre lot, 6 parking spaces.
This property is listed by Arian Hoxha and can be reached at 2035584798 or arian@serhant.com.
