Turnkey Three-Family Investment
For Sale
$439,000
102 Franklin St, Meriden, CT 06450
Three-unit property with immediate income potential in convenient location.
Property Size3,008 SF
Days on Market117
Property Features for 102 Franklin St
General Information
Standard status
Active
Size
3,008 SF
Property subtype
Multi Family
Building Details
Building Size
3,008 SF
Year Built
1895
Listing Agency:
Serhant Connecticut, LLC
(203) 558-4798
Listed By:
Arian Hoxha · License #RES.0815860
(203) 558-4798
Source:
Elliman
Added: Apr 21
Changed: Aug 8
Last Checked: Aug 15 at 7:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Serhant Connecticut, LLC
Investment Insights
Based on property information with market context.
This three-family property at 102 Franklin St presents an investment opportunity. The building features two 3-bedroom, 1-bath units and one 1-bedroom, 1-bath unit on the third floor. Each unit has separate utilities. The property is located with access to local amenities, transportation, and shopping. The walk score is 83, indicating the area is very walkable. The transit score is 47, indicating some transit options are available. The bike score is 28, indicating the area is somewhat bikeable. The property is suitable for investors or owner-occupants seeking immediate cash flow.
Key Highlights
- Turnkey three‑family property, ideal for investors or owner‑occupants.
- Strong rental demand with a desirable unit mix (two 3‑bedroom units and one 1‑bedroom unit).
- Separate utilities for each unit, reducing landlord expenses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 06450, CT
36,007
Population
15,800
Households
2.3
Avg Household Size
40
Median Age
23%
College-Educated
88%
High-School Grad
13.9 sq mi
ZIP Area
2,590
Density / Sq Mi
$68,961
Median Household Income
$44,109
Median Earnings
$1,267
Median Rent
$220,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with immediate income potential in convenient location.
Where is this triplex located?
The property is located at 102 Franklin St Meriden, CT.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Turnkey three‑family property, ideal for investors or owner‑occupants.; Strong rental demand with a desirable unit mix (two 3‑bedroom units and one 1‑bedroom unit).; Separate utilities for each unit, reducing landlord expenses.
