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$ 750,000
Est. payment /mo
Active
19 Goodwill Avenue Meriden, CT 06451
1 Bed
7,456 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 7,456 sqft
Price per Sqft $100
MLS Listing ID 24085954
Style Other
Bedrooms 1
Year Built 1930
Annual Tax Amount $5,348
Lot Size 0.390 Acres
Property Sub-Type 5 Family+
Property Description
Investment Opportunity & Ideal for 1031 Exchange ... ! Nestled in the heart of Meriden, 19 Goodwill Ave offers an incredible opportunity for investors looking to capitalize on a prime real estate asset. This well-located building is set to undergo a conversion into a multi-unit apartment building, making it a lucrative addition to any portfolio. This is fully approved for 15 units; the new buyer will need to submit for a building permit. 15 units broken down into 11 one bedroom apartments and 4 efficiencies. The current rent for the city housing efficiency is $1,465 and 1 bedroom is $1,567. The seller currently has the following and will share with potential buyers with an NDA signed and verified buyer information along with proof of funds: Electrical Stamped drawings, Mechanical Stamped drawings, Architectural Drawings, Civil drawings. The property will be transformed into modern, high-demand rental units, providing steady cash flow potential in a growing market. With its strategic location in Meriden, a city that is increasingly attractive due to its proximity to major highways, commuter access, and ongoing redevelopment initiatives, this property is poised for long-term appreciation.
Location
State CT
County New Haven
Zoning C-1
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Hot Air, Other
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Flat
Building
Lot Description Level Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Lauren Freedman • Coldwell Banker Realty