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    75 Curtis Street Meriden, CT 06450

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    Claim this Listing
    For Sale
    Under Contract
    $449,900

    MULTI_FAMILY - Meriden, CT

    Property size:
    3,409 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $131/SF
    Added:
    Apr 2, 2026
    Days on Market:
    25
    Last Refresh:
    Apr 26 at 2:06 pm

    Property Features for 75 Curtis Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-3
    Bedrooms
    8
    Bathrooms
    3
    Rooms
    Bedroom 7, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 8, Basement, Bedroom 3, Bathroom 2
    Parking
    6
    Patio and Porch features
    Porch
    Exterior features
    Porch-Enclosed,Sidewalk,Porch
    Fireplace
    1
    Basement
    Full
    Standard status
    Active Under Contract
    Size
    3,409 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    6234

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1846

    We can help!

    Listing Contact
    Linda Conchado

    Listing agent Linda Conchado License #RES.0779803

    Listing office Century 21 AllPoints Realty 857 N Main St. Ext Suite 3, Southington, CT

    Listing date Apr 2, 2026

    MLS# 24164008 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Multifamily Investment Opportunity

    This well-maintained two-family home presents a turnkey investment opportunity. The property features two units, one with four bedrooms and two full baths, and the other with four bedrooms and one full bath. Both units are currently rented. Significant updates include new furnaces installed in 2021 and 2024, and a new hot water heater in 2024. Each unit has updated 200 amp electrical service. The roof was replaced in 2017. Both units feature remodeled kitchens with granite countertops, natural gas heat, one forced hot air system and one baseboard. Washer and dryer hookups are located in the basement. The property has separate utilities with three meters, one for each unit and one for the landlord. Each unit includes a three-season porch. Additional features include a walk-up attic for storage, a fully fenced backyard, and a double-wide driveway providing off-street parking. The exterior has been upgraded with new Hardie siding, with full exterior upgrades completed in 2026, along with rebuilt front and back porches in the same year. The property, situated on a 0.13-acre lot, offers 3409 square feet of living space. This property offers potential for generating rental income or for owner-occupancy with rental income from the other unit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.795862
    Latitude
    41.528913

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home with recent updates and strong rental potential.
    Where is this duplex located?
    The property is located at 75 Curtis Street Meriden, CT.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: Turnkey 2‑family home with extensive recent updates, ideal for investors or owner‑occupants.; Two updated units, each with 4 bedrooms, offering strong rental income potential.; Major system upgrades: **new furnaces (2021 & 2024), hot water heater (2024), and updated 200 amp electrical service in each unit.**
    (203) 980-0549
    We can help!
    Listing Contact
    Linda Conchado
    Real Estate License ID: RES.0779803
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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