44 Randolph Avenue
$340,000
8
3
2,855
2,855
$119
Description
Investment Opportunity: Profitable licensed with the City Rooming House with Owner Financing Available Nestled in the heart of Meriden, CT, this well-maintained rooming house at 44 Randolph Ave offers a unique investment opportunity with immediate cash flow and the potential for long-term growth. Featuring 8 individual rooms, a two-car garage, and a cozy rear unit apartment, this property is designed to maximize rental income, a monthly income of $6,005 with $1,600 monthly expenses. With rentals...Investment Opportunity: Profitable licensed with the City Rooming House with Owner Financing Available Nestled in the heart of Meriden, CT, this well-maintained rooming house at 44 Randolph Ave offers a unique investment opportunity with immediate cash flow and the potential for long-term growth. Featuring 8 individual rooms, a two-car garage, and a cozy rear unit apartment, this property is designed to maximize rental income, a monthly income of $6,005 with $1,600 monthly expenses. With rentals below market this property is not just a building; it's a thriving business opportunity ready for its next owner. Whether you're expanding your portfolio or stepping into the world of real estate investment, 44 Randolph Ave offers a solid foundation with its stable income, low vacancy rates, and desirable location. Take advantage of owner financing to secure this investment with a lower upfront cost. Don't miss out on this turnkey investment. Make a move today to learn more about how you can become the new owner of this profitable rooming house. Seller is flexible with financing terms. Interested investors should have proof of funds and minimum 10% down payment.
- Listed by Mark Forte • Finish Line RealtyP: (203)-707-9809 C: (203)-707-9809 markforte17@gmail.com
Property Details for 44 Randolph Avenue
Basement Description
Full
Direct WaterfrontNo
Garages Number2
NeighborhoodEast Meriden
StyleOther
Garage Parking InfoDetached Garage, Driveway
Swimming PoolNo
LISTING UPDATED: 11/12/2024 08:06 PM
Property Details for 44 Randolph Avenue
Status | Active |
---|---|
MLS # | 24035941 |
Days on Market | 116 |
Taxes | $6,653 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential |
Year Built | 1890 |
Lot Size | 0.13 AC / 5,662 SF |
County | New Haven County |
Building Information for 44 Randolph Avenue
Stories-Year Built1890Building Size-Lot Size0.13 AC / 5,662 SF
Property Information for 44 Randolph Avenue
Property History for 44 Randolph Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 44 Randolph Avenue
Taxable ValueLand$68,600Additions$104,160Total$172,760
Tax Record2024$6,653 ($554 / month)
Home Facts
Baths3Total Finished SqFt2,855 SqFtAbove Grade Finished SqFt2,855 SqFtUnfinished Basement SqFt1,172 SqFtStories2Lot Size5,663 SqFtStyleMiscellaneous CommercialYear Built1890ZoningR-3CountyNEW HAVENAPNMERI M:111 B:51 L:7
Schools near 44 Randolph Avenue
This home is within Meriden School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Casimir Pulaski School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Orville H. Platt High School Public9 to 12 | ||
Stars-Meriden School District PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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