Three-Story Multifamily
For Sale
Contact for pricing
1079 Broad Street, Meriden, CT 06450
Three-story apartment building with six units, including studios, 1-bedroom, and 2-bedroom apartments along US Route 5.
Property Size6,222 SF
Lot Size0.23 Acres
Price / SF$111.70
Days on Market52
Property Features for 1079 Broad Street
General Information
Standard status
Active
Size
6,222 SF
Total Parking Spaces
4
Lot size
0.23 Acres
Property subtype
Multifamily
Net Operating Income
$53,021
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
6
Building Details
Year Built
1900
Buildings
1
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
Horvath & Tremblay
Listed By:
Dennis Kelleher · License #MA 9504385
(781) 776-4002
Source:
Crexi
Added: Jul 17
Changed: Aug 24
Last Checked: Sep 2 at 4:13AM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
The property is improved by a three-story multifamily building containing six residential units. The unit mix includes one studio unit, two 1-bedroom/1-bathroom units, and three 2-bedroom/1-bathroom units. The building provides approximately 4,153 square feet of living area within about 6,222 square feet of total area. The property sits on a 0.23-acre parcel.
Located along Broad Street (US Route 5), the property is positioned on the area’s primary commercial and commuter corridor. The building is approximately one mile from Downtown Meriden and is close to retail, dining, and entertainment amenities. Access is described as convenient to area highways, public transportation, local schools, and major employers in Meriden and along the Interstate 91 corridor, with convenient access to Waterbury, New Britain, and Middletown.
This offering is presented as a multifamily investment property for sale.
Located along Broad Street (US Route 5), the property is positioned on the area’s primary commercial and commuter corridor. The building is approximately one mile from Downtown Meriden and is close to retail, dining, and entertainment amenities. Access is described as convenient to area highways, public transportation, local schools, and major employers in Meriden and along the Interstate 91 corridor, with convenient access to Waterbury, New Britain, and Middletown.
This offering is presented as a multifamily investment property for sale.
Key Highlights
- Three‑story multifamily building built in 1900 with 6 total residential units
- Unit mix includes 1 studio, 2 one‑bedroom/1‑bath, and 3 two‑bedroom/1‑bath apartments
- 4,153 SF of living area in a 6,222 SF building
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
460
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?
Apartment building - Three-story apartment building with six units, including studios, 1-bedroom, and 2-bedroom apartments along US Route 5.
Where is this apartment building located?
The property is located at 1079 Broad Street Meriden, CT.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Three‑story multifamily building built in 1900 with 6 total residential units; Unit mix includes 1 studio, 2 one‑bedroom/1‑bath, and 3 two‑bedroom/1‑bath apartments; 4,153 SF of living area in a 6,222 SF building
