Investment Opportunity & Ideal for 1031 Exchange ... ! Nestled in the heart of Meriden, 19 Goodwill Ave offers an incredible opportunity for investors looking to capitalize on a prime real estate asset. This well-located building is set to undergo a conversion into a multi-unit apartment building, making it a lucrative addition to any portfolio. This is fully approved for 15 units; the new buyer will need to submit for a building permit. 15 units broken down into 11 one bedroom apartments and 4 efficiencies. The current rent for the city housing efficiency is $1,465 and 1 bedroom is $1,567. The seller currently has the following and will share with potential buyers with an NDA signed and verified buyer information along with proof of funds: Electrical Stamped drawings, Mechanical Stamped drawings, Architectural Drawings, Civil drawings. The property will be transformed into modern, high-demand rental units, providing steady cash flow potential in a growing market. With its strategic location in Meriden, a city that is increasingly attractive due to its proximity to major highways, commuter access, and ongoing redevelopment initiatives, this property is poised for long-term appreciation.
Multi-familyProperty Type
1930Year Built
0.39 acresLot Size
$90Price/Sq.Ft.
Listed by Lauren Freedman• Coldwell Banker Realty
Bought with Deborah Angal• Coldwell Banker Realty
Source:Smart MLS #24085954
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Public record
Public record
Zoning
Beds
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Baths
—
Stories
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Lot width
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Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (5+ Unit)
County
New Haven County
APN
1184174
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 8, 2025.
C-1
Central Commercial District
The purpose of this district shall be to provide for and encourage a variety of retail businesses, business and professional offices, service businesses, entertainment and cultural establishments and limited light industry and related activities, such as parking and pedestrian spaces, all designed to serve the City and the region and to encourage the concentration of retail and service uses to achieve continuity of frontage devoted to such purposes which will strengthen and complement one another; further, it is a purpose of this district to protect the major public investment made and to be made toward revitalization of the central business area, a vital part of the City's tax base, by conserving the value of land and buildings.
Permitted uses
Include but are not limited to:
Automotive sales
Bank
Laundromat
General retail
Restaurant
Housing-Multiple units
Hotel / motel
Office
Library
Museum / gallery
Property details
Parking
Garage Information
Garage & Parking: None
Interior
Interior Information
Total Rooms: 1
Bedroom Information
Beds Total: 1
Room Information
Basement Description: Full, Unfinished
Multi-Unit Information
Total Rooms Multi Family: 1
Total Number of Units: 15
Exterior
Exterior Features
Roof Information: Flat
Exterior Siding: Brick
Lot Information
Lot Description: Level Lot
Building Information
Foundation Type: Brick
Construction Description: Brick
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 5 Family+
Living Area SQFT Per Public Record: 7456
Financial
Assessments Information
Assessed Value: $138,880
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: No Hot Water
Heat Type: Baseboard, Hot Air, Other
Heat Fuel Type: Electric, Natural Gas, Oil
Fuel Tank Location: In Basement
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Nearby Amenities: Commuter Bus, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Walk to Bus Lines
Directions: gps
County: New Haven
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: New Haven County
APN: 1184174
Home facts updated by county records on Apr 8, 2025
Other
Documents & Disclosures
Supplement Count Public: 1
Around this home
Schools
John Barry School
Public PreK-5 • Assigned • 0.5mi
7/10
Washington Middle School
Public 6-8 • Assigned • 1.7mi
4/10
Orville H. Platt High School
Public 9-12 • Assigned • 1.0mi
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
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 17 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 • 06451
Average low and high temperatures (°F)
32
19
35
20
51
32
60
41
68
50
80
60
84
65
80
59
76
55
64
45
52
36
38
23
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.