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Renovated Two-Building Apartment Package
For Sale
$1,800,000

254 & 260 Liberty Street, Meriden, CT 06450

Two recently upgraded apartment buildings offer 14 rental units with ample off-street parking.

Property Size4,745 SF
Price / SF$379.35
Days on Market92

Property Features for 254 & 260 Liberty Street

General Information

Standard status Active
Size 4,745 SF
Property subtype Commercial

Additional Details

Multifamily Units 14

Amenities

off-street parking

Building Details

Year Built 1885
Tenancy Multi
Listing Agency: Complete Real Estate
Listed By: Anthony Kosienski
Source: Lockandkeyre
Added: Jun 6 Changed: Sep 4 Last Checked: Sep 5 at 6:19AM

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 Complete Real Estate

Investment Insights

Based on property information with market context.

This for-sale two-building multifamily package includes 14 units: 6 studio units, 6 one-bedroom units, and 2 newly constructed three-bedroom units. The property reports recent improvements throughout, including upgraded unit interiors, building exteriors, parking lot, and major systems such as HVAC, electrical, and plumbing, with no deferred maintenance indicated. The portfolio also includes a fully renovated two-family home at 260 Liberty St and a 12-unit building at 252–254 Liberty St, where multiple units have been renovated in recent years.

Ample off-street parking is available in a newly paved lot for tenants’ convenience. The property notes building improvements including a newer roof and windows, along with exterior repainting in 2024 for 252–254 Liberty St. A basement laundry room area is described as roughed-in with a separate exterior entrance, which could support additional onsite amenity income.

Reported build dates include 252–254 Liberty St built in 1885 and 260 Liberty St built in 1920.

Key Highlights

  • 14‑unit two‑building package in Meriden, CT: 6 studios, 6 one‑bedroom, and 2 brand new 3‑bedroom units.
  • Recently upgraded major systems and property components, including HVAC, electrical, and plumbing, with no deferred maintenance reported.
  • Significant capital improvements since 2023, totaling nearly $500,000 (details noted as attached to the listing).

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Locksmith Skin Care Clinic Travel Agency Butcher

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

Lease Details

14
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,043
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?
Apartment building - Two recently upgraded apartment buildings offer 14 rental units with ample off-street parking.
Where is this apartment building located?
The property is located at 254 & 260 Liberty Street Meriden, CT.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 14‑unit two‑building package in Meriden, CT: 6 studios, 6 one‑bedroom, and 2 brand new 3‑bedroom units.; Recently upgraded major systems and property components, including HVAC, electrical, and plumbing, with no deferred maintenance reported.; Significant capital improvements since 2023, totaling nearly $500,000 (details noted as attached to the listing).
More about this property
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