New Listing - 04/08/2025
19 Goodwill Avenue, Meriden, CT, 06451
1930
7,456 sqft
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.
Status:
Active
Type:
Commercial
Units:
1
Zoning:
C-1
Frontage:
Municipal Street,Paved Road
Heating:
Baseboard, Hot Air
Cooling:
None
Acreage:
0.39
Est. Taxes:
$5,348
Assessment
$138,880
Utilities
None/Unknown
Lot Description:
Level Lot
Days on Market:
3
MLS #:
24086834
Community Info
School Info
Walk Score
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Listing courtesy of Lauren Freedman, Coldwell Banker Realty Email: Lauren.Freedman@cbmoves.com