NOT LISTED FOR SALE

63 Linsley Ave Meriden, CT 06451

9 Beds
4 Baths
3,818 Sq Ft
9,583 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $398,000 $104 Per Sq Ft

5 Days on Market

Highlights

  • Partially Wooded Lot
  • Attic
  • Baseboard Heating
  • Finished Attic
  • Porch

About This Home

As of October 2023

INVESTORS TAKE NOTE! This massive 3,800+ sqft fully leased cash-flowing asset generates $4,800 per month and is located on a great street just a few blocks from Meriden Green, train station and downtown. The property was renovated including high-end finishes, remodeled kitchens, bathes and flooring. The property also has a massive rear parking lot and porch space on the front of the building. Priced at 10.8% capitalization rate, this property will not last so make sure you don't miss it! MULTIPLE OFFERS HIGHEST AND BEST BY MONDAY NIGHT (09-11-2023) DECISION TUESDAY MORNING.

Last Agent to Sell the Property

Michael Barbaro

Huntsman,Meade & Partners Comp License #REB.0789149 Listed on: 09/07/2023

Huntsman,Meade & Partners Comp

Last Buyer's Agent

Rosemarie Smith

William Raveis Real Estate License #RES.0804233

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,644

Year Built

  • Built in 1880

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Wooded Lot

Home Design

  • 3,818 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Attic

  • Finished Attic
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 10 Parking Spaces
  • Shared Driveway

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 3 Units
  • Gross Income $57,600

Listing and Financial Details

  • Assessor Parcel Number 1168950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,644

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3818
  • Total Sq Ft: 3818
  • Year Built: 1880
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Attic Description: Access Via Hatch, Finished, Crawl Space
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

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

Garage/Parking

  • Driveway Type: Shared, Paved
  • Total Parking Spaces: 10
  • Garage And Parking: Driveway, Parking Lot

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.22
  • Lot Description: Lightly Wooded
  • Zoning: R-3
  • Parcel #: 1168950

Multi Family

  • Gross Annual Income: 57600
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Property Tax: 6644

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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Average Value
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List Price
Sold Price
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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 Prior Sale
10/20/2023 10/20/23 Sold $398,000 -0.5% $104 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $399,900 +56.8% $105 / Sq Ft
09/08/2022 09/08/22 Sold $255,000 +155.3% $67 / Sq Ft View Prior Sale
08/16/2022 08/16/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $99,900 -- $26 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Barbaro

    Seller's Agent in 2023

    Michael Barbaro

    Huntsman,Meade & Partners Comp

    (203) 627-6094

    6 in this area

    167 Total Sales

    Michael Barbaro
    Section Image
  • Rosemarie Smith

    Buyer's Agent in 2023

    Rosemarie Smith

    William Raveis Real Estate

    (860) 227-5806

    2 in this area

    130 Total Sales

    Rosemarie Smith
    Section Image
  • Robert Drakeley

    Seller's Agent in 2022

    Robert Drakeley

    Robert J. Drakeley, Broker

    (203) 592-0077

    1 in this area

    20 Total Sales

    Robert Drakeley
    Section Image
  • Paige Vass

    Buyer's Agent in 2022

    Paige Vass

    Huntsman,Meade & Partners Comp

    (203) 610-4598

    2 in this area

    80 Total Sales

    Paige Vass
    Section Image
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Map

Source: SmartMLS

MLS Number: 170596447

SmartMLS
Connecticut New Haven County Meriden 06451

63 Linsley Ave, Meriden, CT

Not Listed for Sale

MultiFamily

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