53 Washington St

3,825 Sq. Ft.
$170 / Sq. Ft.
3,825
Sq. Ft.
$170
per Sq. Ft.

Description

8.5 Cap On Entry! Fully occupied 5-unit multifamily delivering immediate, stable cash flow in the heart of Meriden. This turnkey asset is a rare find for investors seeking in-place income with zero lease-up risk - all 5 units are occupied and producing revenue from day one. The building has been well maintained and features classic New England curb appeal with a beautifully kept blue shingle exterior and a grand covered front porch with architectural columns. One unit has been fully gut-renovated...8.5 Cap On Entry! Fully occupied 5-unit multifamily delivering immediate, stable cash flow in the heart of Meriden. This turnkey asset is a rare find for investors seeking in-place income with zero lease-up risk - all 5 units are occupied and producing revenue from day one. The building has been well maintained and features classic New England curb appeal with a beautifully kept blue shingle exterior and a grand covered front porch with architectural columns. One unit has been fully gut-renovated to today's modern standards - new flooring throughout, fully remodeled kitchen with new appliances, updated cabinetry and countertops, and a completely redone bathroom with contemporary fixtures - providing a clear value-add roadmap for the remaining units as as they turn. The cash flow consistency and upside potential that makes it a compelling addition to any portfolio. Conveniently located near shopping, dining, schools, and major commuter routes, tenant demand in this Meriden neighborhood remains strong.
  1. Listed by Justin Sudol • Alpha Capital Realty, LLC
    P: (203)-980-6412 C: (203)-980-6412 justin@alphacapitalfunds.com
  2. Listed by Joseph Ireland • Alpha Capital Realty, LLC
    P: (860)-507-3394 C: (203)-506-6236 joe@alphacapitalfunds.com

Property Details for 53 Washington Street

Basement Description
Full, Unfinished, Hatchway Access
Direct Waterfront
No
Neighborhood
N/A
Style
Units are Side-by-Side
Swimming Pool
No
LISTING UPDATED: 05/21/2026 01:30 PM

Property Details for 53 Washington Street

StatusActive
MLS #24177238
Days on Market15
Taxes$7,486 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 4 Family
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyNew Haven County

Location

Listing Courtesy of Alpha Capital Realty, LLC, Justin Sudol; Alpha Capital Realty, LLC, Joseph Ireland
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Building Information for 53 Washington Street

Stories-Residences5Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$3,863 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,239

Property Taxes

$624

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 53 Washington Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS
  • Elementary School: John Barry
  • Flood Zone: No
  • High School: Orville H. Platt
  • Intermediate School: Per Board of Ed
  • Latitude: 41.540935
  • Longitude: -72.803022
  • Middle Jr High School: Per Board of Ed
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $7,486
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 23
Room 5
  • Listing Key: 524568F01E4649E6E063E201100A9FB7
Property
Property and Assessments
  • Color: Blue
  • Construction Description: Frame
  • Exterior Siding: Shingle
  • Foundation Type: Concrete, Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3825
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1167563
  • Sq Ft Est Heated Above Grade: 3825.0
  • Sq Ft Total: 3825.0
  • Zoning: R-2
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 30 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 28296
  • Gross Annual Income: 83400
  • Net Operating Income: $55,104
  • Occupied By: Tenant
  • Total Number of Units: 5
  • Total Rooms Multi Family: 23
Unit 1
  • Lease: Leased
  • Lease Expires: 04-30-2027
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 05-21-2026
  • Unit Monthly Rent: $1,300
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
Unit 2
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 05-21-2026
  • Unit Monthly Rent: $1,150
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
Unit 3
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 05-21-2026
  • Unit Monthly Rent: $1,550
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
Unit 4
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 05-21-2026
  • Unit Monthly Rent: $1,550
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
Unit 5
  • Lease: Leased
  • Lease Expires: 11-30-2026
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 05-21-2026
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4

Property History for 53 Washington Street

DateEvent & SourcePriceAppreciation
Feb 11, 2026

Closed (Public Record)

Public Record #1931406483

$450,000

+6.7% / yr

Sep 6, 2001

Closed (Public Record)

Public Record #92286935

$93,000

-4.5% / yr

Dec 26, 2000

Closed (Public Record)

Public Record #92284738

$96,000

-11.0% / yr

DateEvent & SourcePrice
02/11/2026

Closed (Public Record)

Public Record #1931406483

$450,000

+6.7% / yr

09/06/2001

Closed (Public Record)

Public Record #92286935

$93,000

-4.5% / yr

12/26/2000

Closed (Public Record)

Public Record #92284738

$96,000

-11.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 53 Washington Street

Taxable ValueLand$67,830Additions$129,640Total$197,470
Tax Record2024$7,486 ($624 / month)
Home Facts
Total Finished SqFt3,825 SqFtAbove Grade Finished SqFt3,825 SqFtUnfinished Basement SqFt1,610 SqFtStories2Lot Size5,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR-2CountySOUTH CENTRAL CONNECTICUAPNMERI M:104 B:15 L:4

Schools near 53 Washington Street

This home is within Meriden School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
John Barry School
PublicPK 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.

Similar Homes

53 Washington Street is a multi-family home for sale in Meriden, CT 06451. This property was listed for sale on May 20, 2026 by Alpha Capital Realty, LLC, it's currently listed at $650,000. It has been on the market for a total of 15 days and was last sold on February 11, 2026. This listing's school district is Meriden School District. Nearby schools include John Barry School, Lincoln Middle School and Orville H. Platt High School. 53 Washington Street is a 8-bed, 5-bath, 3,825 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Alpha Capital Realty, LLC, Justin Sudol; Alpha Capital Realty, LLC, Joseph Ireland

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.