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Reborn Multifamily Property
For Sale
$419,999
Pending

16 Winthrop Street, Meriden, CT 06451

Renovated multifamily property with income potential.

Property Size2,198 SF
Days on Market107

Property Features for 16 Winthrop Street

General Information

Standard status Pending
Size 2,198 SF
Property subtype 2 Family

Building Details

Year Built 1880
Listing Agency: eRealty Advisors, Inc.
Listed By: Dio Espinal Coste
Source: Lockandkeyre
Added: May 8 Changed: Aug 8 Last Checked: Jul 23 at 5:44AM

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 eRealty Advisors, Inc.

Investment Insights

Based on property information with market context.

This multifamily property has been completely renovated, featuring a new roof, siding, and windows. The interior has been updated with modern kitchens, updated bathrooms, and new flooring. The property features new boilers, upgraded electrical panels, and new water heaters and plumbing. One unit includes 3 bedrooms and 1 bathroom. The other unit offers 5 bedrooms and 1 bathroom, with a legally finished attic providing additional space and flexibility. The property is designed as an income-producing multifamily, with rental potential for both units. The layout and size make it suitable for either living in one unit and renting the other, or fully investing and leasing both units.

Key Highlights

  • Completely renovated/rebuilt property with new roof, siding, windows, kitchens, bathrooms, and flooring.
  • Strong income‑producing multifamily property with excellent rental potential in both units.
  • Two separate units: one with 3 bedrooms/1 bathroom, and another with 5 bedrooms/1 bathroom and a legally finished attic.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Computer & Electronic Repair Skin Care Clinic (Bike/Boat/Book/etc) Store Real Estate Agency Acupuncture Tech Support Center

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

442
Businesses Nearby

Demographics for 06451, CT

24,894
Population
11,004
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
85%
High-School Grad
9.8 sq mi
ZIP Area
2,540
Density / Sq Mi
$68,081
Median Household Income
$44,681
Median Earnings
$1,207
Median Rent
$223,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Renovated multifamily property with income potential.
Where is this duplex located?
The property is located at 16 Winthrop Street Meriden, CT.
What is the asking price?
The asking price for this property is $419,999.
What are key features of this property?
This property features: Completely renovated/rebuilt property with new roof, siding, windows, kitchens, bathrooms, and flooring.; Strong income‑producing multifamily property with excellent rental potential in both units.; Two separate units: one with 3 bedrooms/1 bathroom, and another with 5 bedrooms/1 bathroom and a legally finished attic.
More about this property
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