Building Details

Building Size 720 SF

Year Built 1900

Listed By: Moses Awodele Show Phone

Source: Elliman

Added: Apr 20 Changed: Oct 10 Last Checked: Oct 16 at 10:20AM

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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 Moses Awodele

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Investment Insights

Based on property information with market context.

This is a clean two-bedroom apartment. The location has a walk score of 82, indicating it is very walkable. The bike score is 46, meaning it is somewhat bikeable. The transit score is 43, indicating some transit options are available. The property is located near amenities.

Key Highlights

• Very walkable location (Walk Score: 82)
• Two bedroom apartment
• Located near amenities

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Garden Center Carpet & Flooring Store Cafe & Coffee Shop Catering Service

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

748

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Apartment building - Two-bedroom apartment in walkable Meriden neighborhood, close to amenities.

Where is this apartment building located?

The property is located at 54 North Ave 1 Meriden, CT.

What is the lease rate?

The lease rate is $1,600/Mo.

What are key features of this property?

This property features: Very walkable location (Walk Score: 82); Two bedroom apartment; Located near amenities