117 Lincoln Street
Meriden, Connecticut

Description:

117 Lincoln Street, Meriden - Eight-Unit Investment near the New Station A handsome 1890s building with modern fundamentals, 117 Lincoln Street sits near Meriden's new train station-exactly where renters want to be. Seller is selling the investment property OR completely renovated*. Behind its classic lines are eight apartments, heated by natural-gas, and the unicorn every in-town owner covets: parking available for up to 17 cars. Think of stable cash flow today and clear upside tomorrow-activate common areas, add storage/bike parking, and watch the rent roll rise. For the owner-occupant, it's the rare chance to live in one and let seven help pay the note; for the investor, it's a well-located, easy-to-operate hold in a commuter corridor linking New Haven, Hartford, and beyond. Lower carrying costs, transit convenience, and authentic 19th-century character-this is the multifamily story buyers actually want to tell.

Listing Courtesy of Dalvis Realty