$340,000 ($119.09 per sqft)

Under Contract - Continue to Show

Est. Mortgage $1,787/mo *

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44 Randolph Avenue, Meriden, (East Meriden), CT, 06451

44 Randolph Avenue, Meriden, (East Meriden), CT, 06451

12 rooms

8 beds

3 Full baths

1890

Other

2,855 sqft

Investment Opportunity: Profitable licensed with the City Rooming House with Owner Financing Available Nestled in the heart of Meriden, CT, this well-maintained rooming house at 44 Randolph Ave offers a unique investment opportunity with immediate cash flow and the potential for long-term growth. Featuring 8 individual rooms, a two-car garage, and a cozy rear unit apartment, this property is designed to maximize rental income, a monthly income of $6,005 with $1,600 monthly expenses.With rentals below market this property is not just a building; it's a thriving business opportunity ready for its next owner. Whether you're expanding your portfolio or stepping into the world of real estate investment, 44 Randolph Ave offers a solid foundation with its stable income, low vacancy rates, and desirable location. Take advantage of owner financing to secure this investment with a lower upfront cost. Don't miss out on this turnkey investment. Make a move today to learn more about how you can become the new owner of this profitable rooming house. Seller is flexible with financing terms. Interested investors should have proof of funds and minimum 10% down payment.


Status:

Under Contract - Continue to Show

Town:

Meriden

Type:

Single-family residential

Zoning:

R-3

Garage:

2-car Detached Garage, Driveway

Heating:

Hot Water

Cooling:

None

Basement:

Full

Parking:

3-car

Acreage:

0.13

Est. Taxes:

$6,653

Assessment

$172,760

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

102

Appliances:

None

MLS #:

24035941


Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Mark Forte, Finish Line Realty Email: markforte17@gmail.com