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Turnkey Three-Family Investment Property

102 Franklin St Meriden, CT 06450

102 Franklin St, Meriden, CT, 06450
$450,000
For Sale
$450,000

Three-unit property with immediate income potential in convenient location.

Days on Market88

Property Features for 102 Franklin St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1895
Listing Agency SERHANT CONNECTICUT LLC
Listed by Arian Hoxha · License #RES.0815860
Source Elliman
Added: Apr 21 Checked: Jul 15 at 9:34 pm

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 Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Electrical Service Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Furniture & Home Goods (Bike/Boat/Book/etc) Store Travel Agency Nursing Home

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

FAQs

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 $450,000.
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.
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