Meriden, CT 06451,19 Goodwill Avenue
$670,000
Est. payment /mo
$750,000
10.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

7,456 SqFt
SOLD DATE : 05/22/2025

Key Details

Sold Price $670,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 7,456 sqft

Price per Sqft $89

MLS Listing ID 24086834

Sold Date 05/22/25

Year Built 1930

Annual Tax Amount $5,348

Lot Size 0.390 Acres

Property 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.

Location

State CT

County New Haven

Zoning C-1

Interior

Heating Baseboard, Hot Air

Cooling None

Exterior

Utilities Available None/Unknown

Roof Type Flat

Building

Lot Description Level Lot

Sewer Public Sewer Connected

Water Public Water Connected

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Scalzo Real Estate

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Lauren Freedman • Coldwell Banker Realty
Bought with Deborah Angal • Coldwell Banker Realty

GET MORE INFORMATION

agent

Scalzo Real Estate

+1(203) 241-3444

Broker

Broker

Name

Phone*

Message