Seller's Agent in 2018
Linda Bohne
Property Advisors Realty
(203) 715-5518
7 in this area
64 Total Sales
481 E Main St Meriden, CT 06450
11
Beds
5
Baths
5,580
Sq Ft
0.77
Acres
Highlights
- 0.77 Acre Lot
- No HOA
- Accessible Ramps
- Israel Putnam School Rated 9+
- 1 Car Detached Garage
- Level Lot
About This Home
As of December 2018Lucrative 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!!
Last Agent to Sell the Property
Property Advisors Realty License #REB.0793703 Listed on: 10/23/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,498
Year Built
- Built in 1920
Lot Details
- 0.77 Acre Lot
- Level Lot
Parking
- 1 Car Detached Garage
Home Design
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 5,580 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 11 Bedrooms
Accessible Home Design
- Accessible Ramps
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Oil
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
- No Home Owners Association
- 3 Units
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2018 12/31/18 | Sold | $280,000 | -12.5% | $50 / Sq Ft |
| 12/03/2018 12/03/18 | Pending | -- | -- | -- |
| 10/23/2018 10/23/18 | For Sale | $319,900 | -- | $57 / Sq Ft |
Source: SmartMLS
Agents Affiliated with this Home
-
Linda Bohne
Map
Source: SmartMLS
MLS Number: 170133880
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