Two-Family Residential Income
67 Pine Street Meriden, CT 06451
67 Pine Street, Meriden, CT, 06451
$400,000
Pending
For Sale
$400,000
Pending
Meticulously maintained two-family with below-market rents and new heating and hot water systems, plus expansion potential on the third floor.
Property Size1,839 SF
Days on Market51
Property Features for 67 Pine Street
General Information
- Standard status
- Pending
- Size
- 1,839 SF
- Property subtype
- 2 Family
Building Details
- Year Built
- 1905
Listing Agency
RE/MAX RISE
(203) 764-0671
Listed by
Mitch Montaine
(203) 764-0671
Source
Lockandkeyre
Added: May 28 Checked: Jul 17 at 6:23 am
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Investment Insights
Based on property information with market context.
Meticulously maintained two-family residence offering strong immediate rental fundamentals and meaningful long-term upside. The property is laid out with two units, each featuring two bedrooms and one full bath, along with highly functional, generous living spaces designed for everyday comfort and rental appeal. Significant capital improvements are already in place, including brand-new furnaces and hot water heaters, supporting efficiency and long-term stability.
Set on a quiet dead-end street, the home balances privacy with convenience. It remains well positioned for access to shopping, dining, parks, and major commuter routes, making it practical for both tenants and owners who want location-driven everyday utility.
The units are supported by a clear value-add path through the expansive unfinished third-floor space. That area presents the opportunity to substantially enlarge the second-floor unit and increase overall income potential. Depending on the buyer’s objectives, the additional space could be used to create more bedrooms, support a home office or recreation needs, or help form an expanded, townhouse-style configuration. For investors seeking cash-flow improvement and buyers looking for scalable residential income, this property offers a rare combination of solid foundations and future growth capacity.
Set on a quiet dead-end street, the home balances privacy with convenience. It remains well positioned for access to shopping, dining, parks, and major commuter routes, making it practical for both tenants and owners who want location-driven everyday utility.
The units are supported by a clear value-add path through the expansive unfinished third-floor space. That area presents the opportunity to substantially enlarge the second-floor unit and increase overall income potential. Depending on the buyer’s objectives, the additional space could be used to create more bedrooms, support a home office or recreation needs, or help form an expanded, townhouse-style configuration. For investors seeking cash-flow improvement and buyers looking for scalable residential income, this property offers a rare combination of solid foundations and future growth capacity.
Key Highlights
- Two‑family residence built in 1905 with 2 bedrooms and 1 full bath per unit
- Below‑market current rents (per listing remarks)
- Significant updates include brand‑new furnaces and hot water heaters
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Meticulously maintained two-family with below-market rents and new heating and hot water systems, plus expansion potential on the third floor.
Where is this duplex located?
The property is located at 67 Pine Street Meriden, CT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑family residence built in 1905 with 2 bedrooms and 1 full bath per unit; Below‑market current rents (per listing remarks); Significant updates include brand‑new furnaces and hot water heaters