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    236 W Main St Meriden, CT 06451

    For Sale
    $775,000

    Eight-unit apartment building with off-street parking and potential laundry room.

    Lot size:
    0.21 Acres

    Property Features for 236 W Main St

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1900

    Source: Kazantzis Real Estate, LLC Agent Mark Poole

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Meriden Multifamily Investment Opportunity

    This is an eight-unit apartment building comprising five one-bedroom apartments and three studio apartments. The property is currently fully rented and includes off-street parking. The basement is partially finished, offering the potential for a future laundry room. Heat and hot water are included in the rent, while tenants are responsible for their electric bills. Refer to the attached rent roll and building expenses for detailed financial information. The property must be sold together with the neighboring property at 230 West Main Street, as they share a driveway.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8110806
    Latitude
    41.5388111

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit apartment building with off-street parking and potential laundry room.
    Where is this apartment building located?
    The property is located at 236 W Main St Meriden, CT.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Fully rented 8-unit apartment building (5 x 1BR, 3 x Studio) ensures immediate income.; - Heat and hot water included in rent, a valuable amenity for tenants.; - Off-street parking adds convenience and value for tenants.
    (203) 223-0642
    Request Owner's contact information
    236 W Main St Meriden, CT 06451
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    Meriden, CT 06451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    236 W Main St Meriden, CT 06451
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