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114-120 Franklin Street

Meriden, Connecticut 06450

ACTIVE$579,900
Beds
6
Baths
3
SqFt
3,648
Acres
0.14
Year Built
1920
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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About This Home

114-120 Franklin Street, Meriden, CT offers a fantastic opportunity for investors looking to add a strong, income-producing property to their portfolio. This unique property features a fully rented two-family home along with a separate single-family home situated on the same 0.14-acre lot, providing excellent versatility and long-term value. The two-family home offers approximately 2,730 square feet of living space and is currently generating reliable rental income with both units rented at $1,600 per month. The first-floor unit has been recently repainted, new kitchen flooring, both bedrooms and bathroom have new flooring and the first floor has a new shower enclosure, new bathroom vanity, exhasust fan & toilet and new stove hood vent/fan. Newly installed washer/dryer hookups in 114 Franklin St and Both buildings feature low-maintenance vinyl siding and newer roofs. Additional highlights include a fenced-in backyard and convenient off-street parking. With solid rental income, well-maintained buildings, and a desirable setup, this fully occupied, income-producing property is a must-see investment opportunity.

Key Facts

City/Town
Meriden
Neighborhood
N/A
Property / Style
Multi-Family · Other
Year Built
1920
Days on Market
52 days
Beds
6
Baths
3 full
Living Area
3,648 sq ft
Lot Size
0.14 acres
Property Taxes
$7,075 / Annually

Market Snapshot

The Meriden Market

Multi-Family · trailing 12 months

Median Days on Market

73

17 active listings

Median $ / Sq Ft

$163

17 active listings

Sale-to-List Ratio

101.0%

75 sales

How this home compares

List Price

$579,900

vs $450,000 median

28.9% above median

Price / Sq Ft

$159

vs $163 median

In line with median

Days on Market

52 days

vs 73 days median

21 days fresher than median

Based on 17 active and 75 closed sales (trailing 12 mo) of multi-family in Meriden. Source: SmartMLS · As of July 28, 2026.

Location

114-120 Franklin Street, Meriden, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,740

per month

  • Principal & Interest$2,957
  • Property Taxes$590
  • Insurance$193
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Meriden
Neighborhood
N/A
County
New Haven

Residence

Property Type
Multi-Family
Subtype
3 Family
Style
Other
Year Built
1920
New Construction
No/Resale
Living Area
3,648 sq ft

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Natural GasOil
Cooling
None
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.14 acres
Zoning
R-3
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Stone
Lot Description
Level Lot

Listing & Financials

Property Taxes
$7,075 / Annually
Days on Market
52
MLS #
24180363
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Patrick Combs

(203) 671-0983

Dan Combs Real Estate

(203) 265-2356

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 6:55 AM UTC.