CT > Meriden
Meriden, CT 06451,19 Goodwill Avenue
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Meriden, CT 06451,19 Goodwill Avenue
Meriden, CT 06451,19 Goodwill Avenue
Meriden, CT 06451,19 Goodwill Avenue
Meriden, CT 06451,19 Goodwill Avenue
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Michael Wrabel

Michael Wrabel

+1(860) 985-5456
$ 750,000
Est. payment /mo
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Under Contract

19 Goodwill Avenue Meriden, CT 06451

7,456 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 7,456 sqft

Price per Sqft $100

MLS Listing ID 24086834

Year Built 1930

Annual Tax Amount $5,348

Lot Size 0.390 Acres

Property Description

Investment Opportunity & Ideal for 1031 Exchange ... ! Nestled in the heart of Meriden, 19 Goodwill Ave offers an incredible opportunity for investors looking to capitalize on a prime real estate asset. This well-located building is set to undergo a conversion into a multi-unit apartment building, making it a lucrative addition to any portfolio. This is fully approved for 15 units; the new buyer will need to submit for a building permit. 15 units broken down into 11 one bedroom apartments and 4 efficiencies. The current rent for the city housing efficiency is $1,465 and 1 bedroom is $1,567. The seller currently has the following and will share with potential buyers with an NDA signed and verified buyer information along with proof of funds: Electrical Stamped drawings, Mechanical Stamped drawings, Architectural Drawings, Civil drawings. The property will be transformed into modern, high-demand rental units, providing steady cash flow potential in a growing market. With its strategic location in Meriden, a city that is increasingly attractive due to its proximity to major highways, commuter access, and ongoing redevelopment initiatives, this property is poised for long-term appreciation.

Location

State CT

County New Haven

Zoning C-1

Interior

Heating Baseboard, Hot Air

Cooling None

Exterior

Utilities Available None/Unknown

Roof Type Flat

Building

Lot Description Level Lot

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Lauren Freedman • Coldwell Banker Realty
agent

Michael Wrabel

Broker | License ID: REB.0789526

+1(860) 985-5456

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