Multi-Family For Sale · 4 Family
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8.5 Cap On Entry! Fully occupied 5-unit multifamily delivering immediate, stable cash flow in the heart of Meriden. This turnkey asset is a rare find for investors seeking in-place income with zero lease-up risk - all 5 units are occupied and producing revenue from day one. The building has been well maintained and features classic New England curb appeal with a beautifully kept blue shingle exterior and a grand covered front porch with architectural columns. One unit has been fully gut-renovated to today's modern standards - new flooring throughout, fully remodeled kitchen with new appliances, updated cabinetry and countertops, and a completely redone bathroom with contemporary fixtures - providing a clear value-add roadmap for the remaining units as as they turn. The cash flow consistency and upside potential that makes it a compelling addition to any portfolio. Conveniently located near shopping, dining, schools, and major commuter routes, tenant demand in this Meriden neighborhood remains strong.
Listed by Justin Sudol (203) 980-6412 with Alpha Capital Realty, LLC (860) 507-3394
Estimate only. Contact a lender for accurate figures.
Justin Sudol · (203) 980-6412
Alpha Capital Realty, LLC · (860) 507-3394
MLS# 24177238 · Data provided by SmartMLS. Information deemed reliable but not guaranteed. Listing updated May 21, 2026 1:30 PM UTC
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53 Washington Street, Meriden CT, 06451
$650,000 • Active
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