About 53 Washington Street
8.5 Cap On Entry! Fully occupied 5-unit multifamily delivering immediate, stable cash flow in the heart of Meriden. This turnkey asset is a rare find for investors seeking in-place income with zero lease-up risk - all 5 units are occupied and producing revenue from day one. The building has been well maintained and features classic New England curb appeal with a beautifully kept blue shingle exterior and a grand covered front porch with architectural columns. One unit has been fully gut-renovated to today's modern standards - new flooring throughout, fully remodeled kitchen with new appliances, updated cabinetry and countertops, and a completely redone bathroom with contemporary fixtures - providing a clear value-add roadmap for the remaining units as as they turn. The cash flow consistency and upside potential that makes it a compelling addition to any portfolio. Conveniently located near shopping, dining, schools, and major commuter routes, tenant demand in this Meriden neighborhood remains strong.
Features of 53 Washington Street
| MLS® # | 24177238 |
|---|---|
| Price | $625,000 |
| Bedrooms | 8 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 3,825 |
| Acres | 0.12 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units are Side-by-Side |
| Status | Active |
Community Information
| Address | 53 Washington Street |
|---|---|
| Area | N/A |
| City | Meriden |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06451 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished, Hatchway Access |
Exterior
| Exterior | Shingle |
|---|---|
| Exterior Features | Porch |
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete, Stone |
School Information
| Elementary | John Barry |
|---|---|
| Middle | Per Board of Ed |
| High | Orville H. Platt |
Additional Information
| Date Listed | May 21st, 2026 |
|---|---|
| Days on Market | 116 |
| Zoning | R-2 |
| RE / Bank Owned | No |
Listing Details
| Office | Alpha Capital Realty, LLC |
|---|