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Triplex With Detached Garage
For Sale
Contact for pricing
Pending

198 Broad St, Meriden, CT 06450

Three residential units have separate, tenant-paid utilities, with a detached garage offering additional income potential.

Property SizeContact for details
Days on Market144

Property Features for 198 Broad St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Century 21 Allpoints Realty Southington
Listed By: Lisa Cozzi · License #CT REB.0789668
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 8:56AM

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 Century 21 Allpoints Realty Southington

Investment Insights

Based on property information with market context.

This triplex at 198 Broad St comprises two three-bedroom, one-bath residences and one two-bedroom, one-bath residence. Each unit has separately metered, tenant-paid utilities, supporting a straightforward ownership structure. A detached three-car garage adds functional storage and the possibility of additional income.

The property may also be purchased together with 169 Springdale Ave, providing a package option for buyers seeking to acquire both offerings.

Key Highlights

  • Three‑unit residential property with two 3‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
  • Separate, tenant‑paid utilities for each residence
  • Detached 3‑car garage with additional income potential

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Garden Center Acupuncture Tech Support Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

485
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units have separate, tenant-paid utilities, with a detached garage offering additional income potential.
Where is this triplex located?
The property is located at 198 Broad St Meriden, CT.
What are key features of this property?
This property features: Three‑unit residential property with two 3‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; Separate, tenant‑paid utilities for each residence; Detached 3‑car garage with additional income potential
(860) 508-2102 Call to check price and availability
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