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$ 400,000
Est. payment /mo
New
67 Pine Street Meriden, CT 06451
4 Beds
2 Baths
1,839 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,839 sqft
Price per Sqft $217
MLS Listing ID 24178754
Style Units on different Floors
Bedrooms 4
Full Baths 2
Year Built 1905
Annual Tax Amount $8,204
Lot Size 5,227 Sqft
Property Sub-Type 2 Family
Property Description
Exceptional opportunity to own a meticulously maintained two-family residence situated on a quiet dead-end street, offering both immediate cash-flow potential and long-term upside. Current rents are significantly below market. Each unit features 2 bedrooms and 1 full bath with highly functional layouts, generous living spaces, and strong rental desirability for both investors and owner-occupants alike. Significant capital improvements have already been completed, including brand-new furnaces and hot water heaters, enhancing both efficiency and overall asset stability. A particularly compelling aspect of the property is the expansive unfinished third-floor space, presenting the potential to substantially enlarge the second-floor unit and further maximize rental income and overall property value. Whether utilized as additional bedrooms, a home office, recreation space, or an expanded townhouse-style layout, the opportunity for value-add expansion is considerable. Positioned in a peaceful and secluded setting while remaining conveniently accessible to shopping, dining, parks, and major commuter routes, this property represents a rare combination of strong fundamentals, future scalability, and enduring investment appeal.
Location
State CT
County New Haven
Zoning R-2
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water
Cooling None
Exterior
Exterior Feature Porch
Parking Features Detached Garage
Garage Spaces 1.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Casimir Pulaski
High Schools Orville H. Platt
Listed by Mitch Montaine • RE/MAX RISE