Welcome to 149 Elm Street, Meriden CT! This updated two-family home in a desirable neighborhood is ideal for both owner-occupied living and savvy investors seeking a turnkey opportunity with a minimum 10% CAP rate. The bi-level 2nd floor offers 4 bedrooms and 2 full baths, while the 1st floor features 2 bedrooms and 1 full bath, plus a finished walkout lower level. Enjoy the convenience of a 2-car garage, new roof, siding, and furnace. The electrical system has been updated, and there's a newer hot water heater. Relax on the new front porch and take advantage of the convenience of laundry in both units. Conveniently located close to major highways, Meriden is situated in the middle of the state. This property not only promises a comfortable lifestyle but also easy access to transportation networks, making it an even more attractive investment opportunity. With excellent tenants in place for over 5 years, additionally the rental amounts have not been adjusted in the past 5 years. This centrally located gem is ready to deliver both convenience and a strong financial return. Highest and Best is due on Tuesday 5th Dec 2023 at 8pm.
Multi-familyProperty Type
1900Year Built
4,791 sq ftLot Size
$227Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Steve Jones• KW Legacy Partners
Bought with Deja Spearman• eXp Realty
Source:Smart MLS #170612408
Redfin Estimate
$431,168
$91K since sold in January 2024$3,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23% higher than the average sale price ($351K) of 6 comparable homes.
2 family with some updates. 2 car detached garage. Gas heat. 2nd floor unit has 2 full baths.
Smart MLS #G547912
Jun 15, 2010
Listing Removed
—
Dec 17, 2009
Listed
$189,400
$100/sq ft
Public Records
May 2, 2007
Sold
$144,000
$76/sq ft
Smart MLS #N260542
Mar 28, 2007
Listed
$134,900
$71/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,443 (+6.0%)
$31,430 + $88,270
$119,700
2022
$4,192 (+4.9%)
$31,430 + $88,270
$119,700
2021
$3,995 (+0.3%)
$35,700 + $56,070
$91,770
2020
$3,984 (+7.0%)
$35,700 + $56,070
$91,770
2019
$3,724 (−0.4%)
$35,700 + $50,820
$86,520
2018
$3,739 (+2.7%)
$35,700 + $50,820
$86,520
2017
$3,639 (+1.0%)
$35,700 + $50,820
$86,520
2016
$3,604 (+5.2%)
$27,790 + $63,000
$90,790
2014
$3,427 (−28.6%)
$27,580 + $63,000
$90,580
2011
$4,799
$39,400 + $90,000
$129,400
Tax history for 149 Elm St
Year
Property tax
Land + Additions
Assessment*
2023
$4,443 (+6.0%)
$31,430 + $88,270
$119,700
2022
$4,192 (+4.9%)
$31,430 + $88,270
$119,700
2021
$3,995 (+0.3%)
$35,700 + $56,070
$91,770
2020
$3,984 (+7.0%)
$35,700 + $56,070
$91,770
2019
$3,724 (−0.4%)
$35,700 + $50,820
$86,520
2018
$3,739 (+2.7%)
$35,700 + $50,820
$86,520
2017
$3,639 (+1.0%)
$35,700 + $50,820
$86,520
2016
$3,604 (+5.2%)
$27,790 + $63,000
$90,790
2014
$3,427 (−28.6%)
$27,580 + $63,000
$90,580
2011
$4,799
$39,400 + $90,000
$129,400
*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
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
1,899
Year built
1900
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1169722
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
R-2
Two- or Three-Family Residential District
The purpose of this district shall be to provide areas for several types of housing in a medium-density environment with access to a range of community services and transportation.
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: Off Street Parking
Garages Number: 2
Parking Information
Parking Total Spaces: 4
Interior
Interior Information
Total Rooms: 10
Laundry Room Info: All Units Have Hook-Ups, Hook-Up In Unit 1, Hook-Up In Unit 2
Bathroom Information
# of Baths (Full): 3
Bedroom Information
Beds Total: 6
Room Information
Basement Description: Full With Walk-Out
Multi-Unit Information
Unit Count: 2
Total Rooms Multi Family: 10
Total Number of Units: 2
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Vinyl Siding
Exterior Features: Porch
Lot Information
Lot Description: Level Lot
Building Information
Foundation Type: Brick, Stone
Construction Description: Frame
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 1899
Driveway Type: Asphalt
Financial
Assessments Information
Assessed Value: $119,700
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Natural Gas
Heat Type: Baseboard, Radiator
Heat Fuel Type: Natural Gas
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Directions: GPS Friendly- Olive to Elms St
County: New Haven
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 1,899
Stories: 3.0
Lot Size: 4,792 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: New Haven County
APN: 1169722
Home facts updated by county records on Jul 13, 2023
Other
Documents & Disclosures
Supplement Count Public: 6
Around this home
Schools
Hanover School
Public PreK-5 • Assigned • 0.3mi
6/10
Washington Middle School
Public 6-8 • Assigned • 1.7mi
4/10
Francis T. Maloney High School
Public 9-12 • Assigned • 1.3mi
4/10
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
65
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.
9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$410,000 – $496,000
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