CASH FLOW DEAL 12% CAP RATE: Large 2 Bed / 1 Bath 1034 SF Condo. Current Tenant Pays $1050/Month. Condo Fee Is $355/Month Which Covers Water Bill, Insurance, And Ground Maintenance. Tenant Pays For All Utilities. Cash Flow Positive $695/Month With 12% Cap Rate. Spacious Kitchen, Central Air, Carpet Throughout, Slider To Balcony, Court Yard In Ground Pool, Rec Room For Party Use, Elevator Service, Assigned Off Street Parking Lot, Convenient Location Close To Schools, Shopping, Bus Line, Parks, Highways. Condo Complex Is Mostly Investor Owners And Is NOT FHA Approved. Conventional Or Cash Sale Only.
Off market
$132,400
1274 E Main St APT D24, Meriden, CT 06450
2beds
1,034sqft
Condo
Built in 1970
-- sqft lot
$132,400 Zestimate®
$128/sqft
$1,719 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
- Laundry: Common Laundry Area, Coin Op Laundry, Laundry Area On Each Floor
Features
- Windows: Thermopane Windows
Interior area
- Total interior livable area: 1,034 sqft
Property
Features
- Entry level: 4
- Exterior features: Brick
- Pool features: In Ground
- Waterfront features: Not Applicable
Lot
- Features: Level
Details
- Parcel number: MERIM1006B333KL32AD24
- Zoning: x
Construction
Type & style
- Home type: Condo
- Architectural style: Ranch
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Community
- Community features: Fitness Center
Location
- Region: Meriden
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $330 monthly
- Amenities included: Pool, Elevator(s), Guest Parking
- Services included: Snow Removal, Trash, Maintenance Grounds, Insurance, Water, Pool Service, Property Management
Other financial information
- Total actual rent: 54900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Electric
- Appliances: Dishwasher, Refrigerator, Disposal, Electric Range, Range Hood
- ArchitecturalStyle: Ranch
- HeatingYN: true
- AssociationYN: 1
- RoomsTotal: 5
- Zoning: x
- AssociationFeeIncludes: Snow Removal, Trash, Maintenance Grounds, Insurance, Water, Pool Service, Property Management
- ConstructionMaterials: Frame, Brick
- PetsAllowed: No
- LotFeatures: Level
- ExteriorFeatures: Balcony
- CommunityFeatures: Fitness Center, Lake, Medical Facilities, Public Pool, Public Transportation, Shopping/Mall
- NumberOfUnitsTotal: 94
- ParkingFeatures: Assigned, Parking Lot
- PoolFeatures: In Ground
- Cooling: Central Air, Ceiling Fan(s)
- AssociationAmenities: Pool, Elevator(s), Guest Parking
- EntryLevel: 4
- YearBuiltSource: Public Records
- WindowFeatures: Thermopane Windows
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 54900.00
- LaundryFeatures: Common Laundry Area, Coin Op Laundry, Laundry Area On Each Floor
- BuildingName: Atrium
- MlsStatus: Show
- TaxAnnualAmount: 1004
Services availability
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