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Property Description

Income-producing 3-family property with strong investment potential in a convenient location. 96 Franklin Street features an attractive unit mix of two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, each with a functional layout including a dedicated living room. Ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Property includes separate utilities for each unit and natural gas heating, offering efficiency and ease of management. Off-street parking adds additional tenant appeal and long-term rental stability. The building presents a solid opportunity for cash flow, value-add potential, and portfolio growth. Located in a high-demand rental area with close proximity to shopping, restaurants, public transportation, and major commuting routes. Whether you're looking for a turnkey multi-family investment or a property with upside through rental increases or improvements, this asset offers flexibility and long-term potential.

Overview

Property Status
Sold
Date Sold
July 10, 2026
Lot Size
4,791.6 Sq.Ft.
MLS ID
24168173
Property Type
Multi-Family
Year Built
1880

Features & Amenities

Total Area
2,611 Sq.Ft.
Architecture Styles
3 updown - Unit(s) per Floor
Water Frontage
Not Applicable
Water Source
Public Water Connected
Roof
Asphalt Shingle
Lot Features
Level Lot
Parking
Driveway, Off Street Parking
Heat Type
Baseboard, Hot Air
Air Conditioning
Window Unit
Sewer
Public Sewer Connected
Substructure
Stone
Elementary School
Per Board of Ed
High School
Per Board of Ed
Sales Price
$450,000
Real Estate Tax
$4,885/yr
Zoning
R-3

Downloads

96 Franklin Street

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 96 Franklin Street, Meriden, CT 06450

96 Franklin Street
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