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Property Description

Amazing East End opportunity – Calling all investors and potential owner occupied buyers! This is a value add, package sale of 2 adjacent properties: 867 Meriden Rd is a single commercial building with 2,296 SF, leased monthly with tenant paid utilities. Great corner location for any business with high traffic area and good street visibility + signage. 873 Meriden Rd is a 3 family property with 2,320 SF and a unit mix of (1) 2 bed unit & (2) 1 bed units. All tenants are month to month. Heat is currently central and owner paid (OIL). New roof 3 yrs old. Electric is separate but also currently owner paid. There is laundry on site. Long term tenants in place with under market rent = huge upside. Garage is separately rented M to M. Ample off-street parking for both buildings. Overall, an attractive area for tenants with close proximity to highway access, restaurants, shopping, parks, downtown and more.

Address Map
US
CT
New Haven
Waterbury
06705
Meriden
873
0
E0° 0' 0''
N0° 0' 0''
Features
: Window unit
: Hot water
: Unfinished, Full
: Asphalt shingle, Flat
: Attached garage, Detached garage, Under house garage, Off street parking, Paved
MLS Addon
: Not applicable
Corner of Meriden Rd & Alexander Ave
: Public water connected
1
Per Board of Ed
: Porch, Gutters, Lighting, Sidewalk
$0
1
: Oil
Amanda Faroni-Sheehan
13737
Oxford Realty
: Library, Park, Public rec facilities, Medical facilities, Public transportation, Shopping/mall
: No/resale
10
1384058
: Public sewer connected
July 2024-June 2025
0
4
0
0
Units on different Floors,Units are Side-by-Side
CG

Listing courtesy of Amanda Faroni-Sheehan from Oxford Realty

    Multi-family For Sale For Sale

    873 Meriden, Waterbury, Connecticut 06705

    4 Bedrooms
    4 Bathrooms
    4,616 Sqft
    $389,900
    Listing ID #24093646
    Basic Details
    Property Type : Multi-family For Sale
    Listing ID : 24093646
    Price : $389,900
    Bedrooms : 4
    Baths Total : 4
    Bathrooms : 4
    Half Bathrooms : 0
    Square Footage : 4,616 Sqft
    Year Built : 1940
    Lot Area : 0.23 Acre
    Status : Active
    Property Sub Type : Other
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