96 Franklin St, Meriden, CT 06450

$450,000
8
BD
3
BA
2,611
SqFt

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Sold Price
$450,000
List Price
$450,000
Status
CLOSED
MLS#
24168173
Closing Date
Jul 10, 2026
Year Built
1880
Bedrooms
8
Bathrooms
3
Acres
0.11
Living Area
2,611
Neighborhood
N/A

Property Description

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.

Additional Information

Taxes
$4,885
Lot Size
4,791
Heating
Baseboard, Hot Air
Cooling System Type
Window/Wall
Water Source
Public
Basement
Full, Unfinished
Parking Spaces
6
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Arian Hoxha from Serhant Connecticut, LLC. (203) 558-4798 (203) 489-7800

Selling Office: KW Legacy Partners.

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