67 Pine Street
Meriden, Connecticut

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.

Listing Courtesy of RE/MAX RISE