$650,000

53 Washington St Meriden, CT 06451

Estimated payment $4,091/month

8 Beds
5 Baths
3,825 Sq Ft
$170 Price per Sq Ft

About This Home

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.

Listing Agent

Justin Sudol

Alpha Capital Realty, LLC Brokerage Phone: (203) 980-6412 License #RES.0834009 Listed on: 05/20/2026

Co-Listing Agent

Joe Ireland

Alpha Capital Realty, LLC Brokerage Phone: (203) 980-6412 License #RES.0835005

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,486

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • 3,825 Sq Ft Home
  • Side-by-Side
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shingle Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Schools

  • John Barry Elementary School
  • Orville H. Platt High School

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Community Details

  • 5 Units
  • Gross Income $83,400

Listing and Financial Details

  • Assessor Parcel Number 1167563

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,486

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3825
  • Total Sq Ft: 3825
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Street Type: Street
  • Office Attribution Contact: (860) 507-3394
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement Description: Full, Unfinished, Hatchway Access
  • Attic: No

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Shingle
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.12
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: R-2
  • Parcel #: 1167563

Multi Family

  • Gross Annual Income: 83400
  • Total Number Of Units: 5

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 7486

MLS Schools

  • Elementary School: John Barry
  • Middle Jr High School: Per Board of Ed
  • High School: Orville H. Platt

Map

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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
05/20/2026 05/20/26 For Sale $650,000 -- $170 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24177238

SmartMLS
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