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44 Randolph Ave

Meriden CT 06451

8
3
3
2855 sq. ft.
0.13 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
3 bathrooms
3 carspaces
2 garage spaces
2855 sq. ft. floor area
0.13 ac. lot size
Single-Family

Property history for 44 Randolph Ave

2019
Sold
$265,000
28 Jan 2019 by Thuyan Tran, of Berkshire Hathaway NE Prop.
2017
Sold
$153,000
10 Jun 2017 by Bridie Bradbury, of Calcagni Real Estate

Happy sellers in Meriden

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We have insufficient information to provide an overview of customer satisfaction for Meriden. Viewing the agent profiles, reviews and sales for Meriden can provide insights for this location.

Local market activity for 8 bedroom single-family properties in Meriden

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Sales:
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