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Off market
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    • $225,960

    13 Elm St, Meriden, CT 06450

    --beds
    0baths
    3,600sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $63/sqft
    $2,060 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,060/mo

    Zestimate® history
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    $1,356/mo

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    What's special

    Great property with high cash flow in place and value-add potential! Updated 5 unit in a quite Meriden location. 4 units are occupied. 5th unit is legal and needs to be built out. Current Gross Income is $55,500, resulting in 12%+ CAP. Pro-rata, with the 5th unit up and running GI will be $68,400 - translating to a 15%+ CAP. Please see attached documents for additional info.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • None
    Appliances
    • Laundry: Common Laundry Area
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 9,583 sqft
    Details
    • Parcel number: MERIM219B113L9
    • Zoning: C-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: Meriden

    HOA & financial

    Other financial information
    • Total actual rent: 335000

    Other

    Other facts
    • Sewer: Public Sewer
    • Roof: Asphalt
    • GarageYN: true
    • AssociationYN: 0
    • HeatingYN: true
    • Heating: Natural Gas, Gas on Gas
    • Zoning: C-1
    • Basement: Full
    • ConstructionMaterials: Frame, Vinyl Siding
    • NumberOfUnitsTotal: 5
    • LandLeaseAmountFrequency: Monthly
    • ArchitecturalStyle: Other
    • ParkingFeatures: Detached Garage
    • FoundationDetails: Concrete
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • TotalActualRent: 335000.00
    • LaundryFeatures: Common Laundry Area
    • GrossIncome: 55500
    • NetOperatingIncome: 42177
    • OperatingExpense: 10548

    Price history

    DateEventPrice
    2/3/2020Sold$320,000-4.5%$89/sqft
    Source: Public Record Report a problem
    8/7/2019Listing removed$335,000$93/sqft
    Source: Broder Commercial, LLC #170160304 Report a problem
    7/12/2019Price change$335,000-6.9%$93/sqft
    Source: Broder Commercial, LLC #170160304 Report a problem
    1/31/2019Listed for sale$360,000+140%$100/sqft
    Source: Broder Commercial, LLC #170160304 Report a problem
    5/16/2017Sold$150,000-16.6%$42/sqft
    Source: Smart MLS #N10206004 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,566 -1.6%$225,960
    2024$8,702 +3.7%$225,960
    2023$8,388 +6%$225,960

    Find assessor info on the county website

    Neighborhood: 06450

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: PBOE

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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