Fully Leased Two-Family
For Sale
Contact for pricing
711 East Main Street & 19 Swain Avenue, Meriden, CT 06450
Fully leased two-family residence with an annual NOI of $20,600 and stated cap rate of 10.5%.
Property SizeContact for details
Days on Market124
Property Features for 711 East Main Street & 19 Swain Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Cap Rate
10.5%
Multifamily Units
2
Listing Agency:
Matthews Commercial Properties LLC
(203) 753-5800
Listed By:
Gerry Matthews · License #CT REB.0754503
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 8:37PM
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 Matthews Commercial Properties LLC
Investment Insights
Based on property information with market context.
19 Swain Avenue in Meriden is a fully leased two-family home offered for sale. The property is presented along with 711 East Main Street, Meriden.
The offering includes stated performance figures of an annual NOI of $20,600 and an attractive cap rate of 10.5%, as reflected in the seller’s remarks.
This is a straightforward residential income asset with tenancy already in place, making it available for buyers seeking an occupied two-family configuration.
The offering includes stated performance figures of an annual NOI of $20,600 and an attractive cap rate of 10.5%, as reflected in the seller’s remarks.
This is a straightforward residential income asset with tenancy already in place, making it available for buyers seeking an occupied two-family configuration.
Key Highlights
- Fully leased two‑family home at 19 Swain Avenue, Meriden
- Annual NOI of $20,600.00
- Stated cap rate of 10.5%
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased two-family residence with an annual NOI of $20,600 and stated cap rate of 10.5%.
Where is this duplex located?
The property is located at 711 East Main Street & 19 Swain Avenue Meriden, CT.
What are key features of this property?
This property features: Fully leased two‑family home at 19 Swain Avenue, Meriden; Annual NOI of $20,600.00; Stated cap rate of 10.5%
