53 Washington St Meriden, CT 06451
Estimated payment $4,091/month
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
Alpha Capital Realty, LLC Brokerage Phone: (203) 980-6412 License #RES.0834009 Listed on: 05/20/2026
Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: 24177238
- 45 Prospect St
- 61 Colony St Unit 3B Furnished
- 61 Colony St Unit 3C
- 61 Colony St Unit Second Floor
- 1 Barristers Ct Unit 2nd Flr
- 49 Springdale Ave
- 5 Colony St Unit 203
- 14 Hillside Ave
- 161 State St
- 68 Lewis Ave
- 116 Springdale Ave Unit 1st Flr
- 315 Grove St
- 32 Cook Ave Unit C22
- 32 Cook Ave Unit 305
- 32 Cook Ave Unit D27
- 32 Cook Ave Unit D24
- 71 Catlin St Unit 5
- 92 Twiss St Unit 3
- 0 Quinlan Ave
- 27 Botsford St Unit 1st Floor
Ask me questions while you tour the home.