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Sold on 12/31/2018
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481 E Main St, Meriden, CT 06450

  • $656,000

    Last sold 12/31/2018 for $280K

  • 11

    bed

  • 5

    bath

  • 5,580

    Sqft ($50/Sqft)

Multi-family not for sale
13 homes bought nearby with Movoto recently

About 481 E Main St

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 0.77 Acre
Movoto estimate
Parking 1 garage spaces
Property description
Lucrative Moneymaker with fantastic cash flow!!!! This 3 Family 5800 sf Queen Ann property is the investment you've been waiting for! Cash flows approx $45K annually! After property taxes and other expenses, property nets approx $30K per year! First floor would make great and convenient office space with exceptional visibility..... or live in one of the units and have the tenants pay your mortgage!!! All 3 apartments updated 2 years ago and are currently rented. New roof, new front porch, new fire rated doors to apartments. Separate utilities and separate washer/dryer hook-up in basement. Plenty of off street parking. 1 car garage could generate additional income if rented. Handicap accessible ramp to first floor. Additional land behind property with potential to build additional garages for extra income. Great tenants who want to stay. With 25% down, the Return on Investment is approximately 20%!!! Invest now and get the cash rolling in immediately!!
Listed by
Listing Agent - Linda Bohne
Listing Office - Keller Williams Realty
Source: CONNECT MLS mls logo
MLS#170133880 • last updated 7 years ago
Movoto checked CONNECT MLS for data 8 minutes ago
Overview
Cooling/AC Window Unit
Heating Radiator, Oil
Type Multi-Family For Sale
SubType 3 Family
SqFt 5580
Lot Size (Acres) 0.77
Property Tax 7498
Property Condition No
Interior
Total # of Bathrooms 5
# of Full Baths 3
# of Half Baths 2
Total # of Bedrooms 11
Laundry Basement Hook-Up(s)
Basement Full With Hatchway
Accessibility Features Ramps
Exterior
Exterior Vinyl Siding
Foundation Block
Construction Frame
Roofing Asphalt Shingle
Garage Detached Garage
# Garage Spaces 1
Lot Description Level Lot
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Location
Waterfront Not Applicable
Elementary School Per Board Of Ed
High School Per Board Of Ed
APN 1181632
Directions East Main St
  • Dec 2018
    mls logo MLS # 170133880
  • Dec 31, 2018 Sold
    $280,000 (-12.5%)
  • Dec 3, 2018 Show
    —
  • Oct 24, 2018 Listed
    $319,900

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Nearby homes for sale in Meriden, CT

  • Real Estate
  • CT
  • New Haven County
  • Meriden
  • 06450
  • 481 E Main St
$656K
Range: $524K-$787K
Last 30 days 

Nearby recently sold homes in Meriden, CT

  • 481 E Main St
    $280K
  • —
  • 06450
    $314K +31% y/y
  • Meriden
    $329K +6% y/y
No chart available
Statistics calculated by Movoto
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