NOMADEReal Estate

$450,000

Active

96 Franklin Street

Meriden, Connecticut, 06450 · New Haven County

8

Beds

3

Baths

2,611

Sq Ft

1880

Built

MLS # 24168173

Price / Sq Ft

$172

Property Type

Multi-Family For Sale

Lot Size

0.11

Class

Property

About This Property

Income-producing 3-family property with strong investment potential in a convenient location. 96 Franklin Street features an attractive unit mix of two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each with a functional layout including a dedicated living room. Ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Property includes separate utilities for each unit and natural gas heating, offering efficiency and ease of management. Off-street parking adds additional tenant appeal and long-term rental stability. The building presents a solid opportunity for cash flow, value-add potential, and portfolio growth. Located in a high-demand rental area with close proximity to shopping, restaurants, public transportation, and major commuting routes. Whether you're looking for a turnkey multi-family investment or a property with upside through rental increases or improvements, this asset offers flexibility and long-term potential.

Property Details

96 Franklin Street, Meriden Connecticut 06450 — Multi-Family For Sale listed at $450,000.

At a Glance

8

Bedrooms

3

Bathrooms

2,611

Sq Ft

0.11

Lot Size

--

Garage

1880

Year Built

The Details

Property TypeMulti-Family For Sale
NeighborhoodNew Haven
Address96 Franklin Street
MLS Number24168173
Year Built1880
Square Footage2,611
Lot Size0.11
Bedrooms8
Bathrooms3
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value128870
Mil Rate Total37.91
Property Tax4885
Tax YearJuly 2025-June 2026

Property Features

Basement DescriptionFull,Unfinished
Cooling SystemWindow Unit
Driveway TypePrivate
Exterior SidingWood
Foundation TypeStone
Garage ParkingDriveway,Off Street Parking
Heat Fuel TypeElectric,Natural Gas
Heat TypeBaseboard,Hot Air
Hot Water DescriptionNatural Gas,40 Gallon Tank
Roof InformationAsphalt Shingle

Other Details

ColorYellow
Parcel Number1166203
Parking Total Spaces6
ZoningR-3

All Photos (12)

Affordability Calculator

$450,000

Down Payment$90,000
Loan Amount$360,000
Principal & Interest$2,275/mo
Property Tax$450/mo
Insurance$100/mo
Est. Monthly$2,825/mo

Listing Agent

A

Arian Hoxha

Serhant Connecticut, LLC

Contact Arian Hoxha

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Quick Facts

StatusActive
TypeMulti-Family For Sale
ClassProperty
MLS #24168173
Last Updated2026-05-12