NOT LISTED FOR SALE

28 Wall St Meriden, CT 06450

Estimated Value: $430,000 - $489,265

8 Beds
4 Baths
3,744 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2024

Last sale price $442,000 $118 Per Sq Ft

8 Days on Market

Highlights

  • Property is near public transit
  • Public Transportation
  • Heating System Uses Steam

About This Home

As of May 2024

Don't miss this cash flowing opportunity with 15% ROI! Opportunity to purchase a turn key 4-family property with prime location. Unit mix consists of all 2 bed/1 bath apartments - fully occupied! The units have been renovated over the years and feature hardwood floors, with a mix of newer kitchens, baths, fixtures and paint. The heat and hot water are oil - owner paid. The electric is separately metered and tenant paid. This large corner lot also features a 4-car detached garage w/potential for additional income or storage + ample off street parking for roughly 8 cars. Great location for tenants w/close proximity to Midstate Medical Center, multiple parks, the library, highway access and a variety of places to eat and shop. Can also be purchased w/another 4 family @ 167 Liberty St, Meriden: MLS # 24004370. DO NOT WALK THE PROPERTY W/OUT AN APPT.

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0793328 Listed on: 03/18/2024

Oxford Realty

Last Buyer's Agent

Sandy Maier Schede

Maier Real Estate License #REB.0607710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,379

Year Built

  • Built in 1922

Lot Details

  • 10,454

Parking

  • 4 Car Garage

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,744 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Additional Features

  • 10,454 Sq Ft Lot
  • Property is near public transit

Community Details

  • 4 Units
  • Public Transportation
  • Gross Income $69,000

Listing and Financial Details

  • Assessor Parcel Number 1180440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,379

Year Built

Built in 1922

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3744
  • Total Sq Ft: 3744
  • Year Built: 1922
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Broad St to Wall St. Corner lot.
  • Financing Used: Private
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Full, Unfinished
  • Laundry Room Info: None
  • Attic: No

Exterior Features

  • Exterior Features: Sidewalk, Gutters, Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 4
  • Total Parking Spaces: 8
  • Garage And Parking: Detached Garage, Off Street Parking, Unassigned Parking, Unpaved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Estimated Annual Heat Cost: 7500

Lot Info

  • Acres: 0.24
  • Lot Description: Corner Lot Level Lot
  • Flood Zone: No
  • Zoning: R-2
  • Parcel #: 1180440

Multi Family

  • Gross Annual Income: 69000
  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 7379

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $442,000 +0.5% $118 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $439,900 -- $117 / Sq Ft
Source: SmartMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,651 $201,810 $61,250 $140,560
2024 $7,772 $201,810 $61,250 $140,560
2023 $7,379 $198,800 $61,250 $137,550
2022 $6,962 $198,800 $61,250 $137,550
2021 $6,463 $148,470 $60,760 $87,710
2020 $6,445 $148,470 $60,760 $87,710
2019 $6,390 $148,470 $60,760 $87,710
2018 $6,415 $148,470 $60,760 $87,710
2017 $6,245 $148,470 $60,760 $87,710
2016 $5,884 $151,760 $53,410 $98,350
2015 $5,884 $151,760 $53,410 $98,350
2014 $5,741 $151,760 $53,410 $98,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24004338

SmartMLS

APN: MERI M:202 B:88 L:5A

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