Forget about cash cow, this is a cash farm!! 4 legal units with all separate utilities brings in over $4,000 a month in rent and plenty of room to increase rents to market rate. Some updates, some units have hardwood floors, others have LVP, and carpet. Mix of 2 and 3 bedroom units. Tenants are current on rent and have good history. All leases are month to month. Property will not be delivered emp ty. Cash as-is preferred. Will not qualify for FHA.
Multi-familyProperty Type
1900Year Built
3,920 sq ftLot Size
$103Est. Price/Sq.Ft.
Listed by David Candelora• RE/MAX Showcase
Bought with Arianne Nouel• Prime Management, LLC
Source:Smart MLS #170553715
Redfin Estimate
$489,161
$229K since sold in April 2023$35K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23.1% higher than the average sale price ($397K) of 6 comparable homes.
Use homepath renovation mtg,with as little as 5% down for some buyers,to purchase this homepath property. Opportunity to invest! Seller has directed that all offers on this listing be made using the homepath online offer system at the homepath website.
Public Records
Apr 22, 2003
Sold
$165,000
$35/sq ft
Smart MLS #N197714
Nov 11, 2002
Listed
$173,500
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,766 (+6.0%)
$28,280 + $154,000
$182,280
2022
$6,383 (+27.1%)
$28,280 + $154,000
$182,280
2021
$5,022 (+0.3%)
$32,200 + $83,160
$115,360
2020
$5,008 (+0.9%)
$32,200 + $83,160
$115,360
2019
$4,965 (−0.4%)
$32,200 + $83,160
$115,360
2018
$4,985 (+2.7%)
$32,200 + $83,160
$115,360
2017
$4,852 (−1.7%)
$32,200 + $83,160
$115,360
2016
$4,936 (+4.8%)
$25,060 + $99,260
$124,320
2014
$4,708 (−28.6%)
$24,850 + $99,610
$124,460
2011
$6,595
$35,500 + $142,300
$177,800
Tax history for 144 S Colony St
Year
Property tax
Land + Additions
Assessment*
2023
$6,766 (+6.0%)
$28,280 + $154,000
$182,280
2022
$6,383 (+27.1%)
$28,280 + $154,000
$182,280
2021
$5,022 (+0.3%)
$32,200 + $83,160
$115,360
2020
$5,008 (+0.9%)
$32,200 + $83,160
$115,360
2019
$4,965 (−0.4%)
$32,200 + $83,160
$115,360
2018
$4,985 (+2.7%)
$32,200 + $83,160
$115,360
2017
$4,852 (−1.7%)
$32,200 + $83,160
$115,360
2016
$4,936 (+4.8%)
$25,060 + $99,260
$124,320
2014
$4,708 (−28.6%)
$24,850 + $99,610
$124,460
2011
$6,595
$35,500 + $142,300
$177,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
10
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
4,745
Year built
1900
Style
Multi-Family (5+ Unit)
County
New Haven County
APN
1171060
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
R-3
Multiple-Family Residential District
The purpose of this district shall be to provide areas for a range of housing types at a medium density commensurate with the scale and characteristics of the City's older neighborhoods; these are areas with access to major transportation arteries and a range of community services.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service
Educational/school
Park & open space
Property details
Parking
Garage Information
Garage & Parking: On Street Parking
Interior
Virtual Tour Information
Has Virtual Tour
Bathroom Information
# of Baths (Full): 4
Bedroom Information
Beds Total: 10
Room Information
Basement Description: Full With Hatchway
Multi-Unit Information
Unit Count: 4
Total Rooms Multi Family: 19
Total Number of Units: 4
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Asbestos
Lot Information
Lot Description: Sloping Lot
Building Information
Foundation Type: Stone
Construction Description: Frame, Brick
Color: Brown
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 4 Family
Living Area SQFT Per Public Record: 4745
Financial
Assessments Information
Assessed Value: $182,280
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: 30 Gallon Tank, 40 Gallon Tank, Electric, Natural Gas
Heat Type: Baseboard, Gas on Gas, Hot Air, Radiator
Heat Fuel Type: Electric, Natural Gas
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Directions: GPS Friendly
County: New Haven
Public facts
Beds: 10
Baths: 4.0
Sq. Ft.: 4,745
Stories: 3.0
Lot Size: 3,920 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: New Haven County
APN: 1171060
Home facts updated by county records on Jul 13, 2023
Around this home
Schools
K - 12
Preschool & daycare
Israel Putnam School
Public PreK-5 • Assigned • 0.6mi
8/10
Washington Middle School
Public 6-8 • Assigned • 1.7mi
5/10
Orville H. Platt High School
Public 9-12 • Assigned • 1.2mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Meriden, CT • 06450
Average low and high temperatures (°F)
34
20
36
22
52
33
61
42
69
51
81
61
85
66
81
60
77
57
63
46
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.