139 Hicks Street
Meriden, Connecticut

Description:

Whether you are looking for a solid investment or want to live in one unit and rent the other out, this 2 family is sure to check all of the boxes on your list. The property features 2 Units. Each unit has it's own gas heating system, gas hot water heater, and electrical service. The 1st floor features 4 rooms, 2 bedrooms, a living room, a kitchen, and 1 full bath. The unit is currently rented month to month. The tenant has lived there for approximately 10 years and would like to stay if possible. The 2nd floor unit features 4 rooms, 2 bedrooms, a living room, a kitchen, and 1 full bath. The unit is currently rented month to month. The tenant has lived there for approximately 5 years and would like to stay if possible. The home also features a full basement with 2 laundry hookups, a flat back yard, a wood deck, 2 open porches, a walk up attic with 2 additional rooms, and off street parking. Aside from its features, one of the things that you are going to love most about this home is it's location. It's located in a quiet residential neighborhood on a dead end street in the north end of the city. Based on it's current and pro-forma NOI, this property offers a 4.9% to 7.0% ROI. Properties like this in this location don't come along very often. So, act quickly before it's gone! Conventional, FHA, VA, and CHFA financing are welcome!

Listing Courtesy of Clermont Real Estate