About This Home

This 5-bedroom, 2-bathroom residential multi family at 26 Summit Street in Meriden, CT is listed for $309,000 ($144 per sqft). Built in 1905, the home offers 2,145 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1905
  • 0.17 acre lot
  • 3 parking spaces

Property Details

2 full
3 spaces
1905
Listing Description

Attention Investors & Savvy Homebuyers! Take advantage of a remarkable value-add opportunity in a quiet, established Meriden neighborhood. This solid two-family property is priced to sell and offers the perfect canvas for your next investment, whether you are looking to expand your rental portfolio, kickstart your portfolio via house hacking, or move in and let a tenant cover your mortgage.

The property features "good bones" and strong mechanical potential, though it requires cosmetic updates and some TLC to truly shine and maximize its rental draw. Each unit provides a functional, spacious layout with excellent natural light. High demand for multi-family rentals in the area makes this a lucrative addition to any portfolio or a perfect owner-occupied setup.

A shared driveway leads to a rare, detached two-car garage with an attached additional carport-providing plenty of off-street parking and covered storage options for tenants. Tucked away in a peaceful, quiet neighborhood while remaining just minutes from downtown Meriden, major highways, and the Hartford Line commuter rail for an easy commute to Hartford or New Haven.

Bring your design ideas, tools, and vision to build quick sweat equity. Properties with this much potential at this price point do not last long. Schedule your showing today and unlock the possibilities!

Monthly Cost Estimate

$1,653/mo

20% down · 6.5% · 30 years

Principal$223
Interest$1,339
Insurance$90

Estimates only. Actual payments may vary.

Location

26 Summit Street

Meriden, CT 06450

Property Details

Heating

Hot Water(Heating)

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 26 Summit Street is listed at $309,000 ($144/sqft). The estimated monthly payment is $1,652 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.17 acre lot, 3 parking spaces.

This property is listed by Tracey Virtue and can be reached at 8604075299.

TV

Tracey Virtue

Agent at RE/MAX One

(860) 407-5299

Listed by RE/MAX One · View on Broker Site

MLS# 24188628· Source: listhub· 3 days on market

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26 Summit Street, Meriden, CT 06450

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