114 Franklin Street, Meriden, CT 06450 (MLS # 24116133)

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PRICE $449,900 dsIDX morgage calculator
BEDS 6
BATHS 3
HOME SIZE 3,648 sqft
LOT SIZE 6,099 sqft

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

DAYS ON MARKET 2 LAST UPDATED 8/4/2025
YEAR BUILT 1920 COUNTY New Haven
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Per Board of Ed
Jr. High School Per Board of Ed
High School Per Board of Ed


ADDITIONAL DETAILS
AIR Window Unit(s)
AIR CONDITIONING Yes
BASEMENT Full, Unfinished, Yes
CONSTRUCTION Frame, Vinyl Siding
HEAT Forced Air, Natural Gas, Oil
LOT 6098 sq ft
LOT DESCRIPTION Level
PARKING None
SEWER Public Sewer
STYLE Other
TAXES 7075
WATER Public
ZONING R-3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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