235 Hanover Street

Meriden, CT 06451
Baths
5
Square Ft.
2,528
$415,000
Attention Investors: Fully Occupied Mixed Use Property! We are seeking investors for a Value-Added Mixed-Use property currently generating an impressive 10.6 Capitalization Rate (CAP). All tenants are currently on month-to-month leases and are paying below-market rents. The new owner has the potential to significantly enhance the property's CAP to 13Read MoreRead Less
Courtesy of Joe Scarpellino, Coldwell Banker Realty.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Full Baths
3
Partial Baths
2
Square Ft.
2,528
Lot Size
0.09 Acres
Year Built
1890
MLS Number
24085159
30 Days Snapshot Of 06451
$301k
+11%
(avg) sold price
12
-20%
homes sold
111
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
None
Building
New Construction Type: No/Resale, Built in 1890, Units on different Floors
Community
Basketball Court, Commuter Bus, Library, Medical Facilities, Park
Cooling
None
Disclosures
Radon Mitigation Air YNU: No, Radon Mitigation Water YNU: No
Expenses
Gross Annual Expense: 11650, Sewer Usage Fee Annual: 1200
Exterior Features
Sidewalk, Aluminum
Foundation
Concrete
Heating
Electric, Hot Air
Income
Gross Annual Income: 55800, Net Operating Income: 44150
Laundry
None
Lot
0 acres, Corner Lot, City Views
Parking
4 total parking spaces, Private
Property
2528 heated sqft above grade, 2528 total sqft, Not Applicable
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Taxes
Year: July 2024-June 2025
Utilities
Hot Water: {Electric, Domestic
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Jason Boice
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