162 Hobart Street
Meriden Connecticut

Description:

Priced to Sell! This beautifully renovated two-family home is perfect for owner-occupants looking to have their mortgage paid by rental income or investors looking for a turnkey property in a high-demand rental market. With strong rental potential, this property is perfect to generate immediate cash flow. Featuring brand-new renovations throughout, it includes a new roof, siding, deck, and upgraded electrical with separate meters for each unit plus an owner's meter. Both units have new combo heating systems, in-unit washer/dryer hookups, and spacious layouts. The kitchens are fully updated with stainless steel appliances; refrigerator, oven/stove, dishwasher, granite countertops, and modern finishes. Additional highlights include a 1-car garage, off-street parking, and a generous backyard for both tenants to enjoy. Rental comps show 2-bedroom units renting for $1,800-$1,900/month and 3-bedroom units for $2,200-$2,400/month. With all permits pulled for upgrades, this is a hassle-free investment ready for its next owner. Don't miss this incredible opportunity-schedule your showing today!

Listing Courtesy of Berkshire Hathaway NE Prop.