19 Goodwill Avenue Meriden, CT 06451
Listing Courtesy of: SMART MLS / Coldwell Banker Realty / Lauren Freedman

  19 Goodwill Avenue Meriden, CT 06451

Active (4 Days)
$750,000

Description

Investment Opportunity & Ideal for 1031 Exchange ... ! Nestled in the heart of Meriden, 19 Goodwill Ave offers an incredible opportunity for investors looking to capitalize on a prime real estate asset. This well-located building is set to undergo a conversion into a multi-unit apartment building, making it a lucrative addition to any portfolio. This is fully approved for 15 units; the new buyer will need to submit for a building permit. 15 units broken down into 11 one bedroom apartments and 4 efficiencies. The current rent for the city housing efficiency is $1,465 and 1 bedroom is $1,567. The seller currently has the following and will share with potential buyers with an NDA signed and verified buyer information along with proof of funds: Electrical Stamped drawings, Mechanical Stamped drawings, Architectural Drawings, Civil drawings. The property will be transformed into modern, high-demand rental units, providing steady cash flow potential in a growing market. With its strategic location in Meriden, a city that is increasingly attractive due to its proximity to major highways, commuter access, and ongoing redevelopment initiatives, this property is poised for long-term appreciation.

MLS #:
24086834
Taxes
$5,348(2024)
Lot Size
0.39 acres
Type
Commerical
Year Built
1930
County
New Haven County
Community
N/a

Listed By

Lauren Freedman, Coldwell Banker Realty
Source
SMART MLS
Last checked Apr 13 2025 at 12:23 AM GMT-0400
Bathroom Details
Lot Information
  • Level Lot
Heating and Cooling
  • Baseboard
  • Hot Air
  • None
Exterior Features
  • Roof: Flat
Utility Information
  • Utilities: None/Unknown
  • Sewer: Public Sewer Connected
  • Fuel: No Fuel
Living Area
  • 7,456 sqft
Location
   
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