1. Connecticut
  2. Meriden
  3. 114 Franklin Street
$449,900

114 Franklin Street, Meriden, CT 06450

  • 6 beds |
  • 3 baths |
  • 3,648 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $123/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Unlock the potential of this unique property featuring two separate homes on one lot - a fully detached single-family home and a charming two-family residence, totaling three rental units. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others help pay your mortgage, this setup offers incredible flexibility. The second-floor unit of the two-family is currently vacant, making it a perfect opportunity for an owner-occupant or an easy value-add for your portfolio. Recent updates include new roofs on both buildings and a brand new front porch on the two-family (2023). All units feature separate electric and gas meters, and tenants handle their own utility bills. Plus, with forced hot air heating, future central A/C upgrades could be more straightforward. Located in a city that provides municipal trash pickup, this low-maintenance property is a smart addition to any real estate strategy. Don't miss your chance to own this versatile multi-structure investment! This one could CRUSH the 1% rule

Listing Status:
Coming Soon
Date Added:
August 5, 2025 at 02:53AM
Listing Office:
Real Broker CT, LLC : (855) 450-0442
Listing Agent:
Tyanna Housley : (203) 823-1272
MLS ID:
24116133

This listing courtesy of Tyanna Housley, Real Broker CT, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John Barry School

124 Columbia St, Meriden, CT, 06451

Grades PK-5

0.66 miles away

W

Washington Middle School

1225 N Broad St, Meriden, CT, 06450

Grades 6-8

0.76 miles away

F

Francis T. Maloney High School

121 Gravel St, Meriden, CT, 06450

Grades 9-12

1.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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