96 Franklin Street
Sold

96 Franklin Street

96 Franklin Street, Meriden, CT 06450

$450,000
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.

8
beds

3
baths

2,611 Sq.Ft. LIVING AREA

4,791.6 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms3
  • full bathrooms3

Area & Lot

  • Status Sold
  • Date Sold July 10, 2026
  • Living Area2,611 Sq.Ft.
  • Total Area2,611 Sq.Ft.
  • Lot Area4,791.6 Sq.Ft.
  • MLS® ID24168173
  • TypeMulti-Family
  • YEAR BUILT1880
  • Architecture Styles3 updown - Unit(s) per Floor
  • Water FrontageNot Applicable
  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Exterior

  • water SourcePublic Water Connected
  • roofAsphalt Shingle
  • lot featuresLevel Lot
  • parkingDriveway, Off Street Parking
  • HEAT TYPEBaseboard, Hot Air
  • AIR CONDITIONINGWindow Unit
  • sewerPublic Sewer Connected
  • SubstructureStone

Financial

  • Sales Price$450,000
  • Real Estate Tax $4,885/yr
  • Zoning R-3

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