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89-113 Bronson Ave
Meriden, CT 06451
89-113 Bronson Avenue · Multifamily Property For Sale · 16 Units

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.75 AC
Building Size 15,872 SF
No. Stories 2
Year Built 1966
Zoning R-2

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Microwave
  • Granite Countertops
  • Stainless Steel Appliances
  • Basement
  • Deck
  • Double Pane Windows

ABOUT 89-113 BRONSON AVE , MERIDEN, CT 06451

Chozick Realty is pleased to offer the Bronson Townhome Apartments. 16 - 2 bedroom, 1 & 1/2 bath apartments. Eight have double depth garages under the apartment and eight have full private basements. All have washer/dryer hookups, tenant paid gas heat & hot water, private decks, eat in kitchens and more. Located in an Opportunity Zone at the private end of a dead end street, the property offers outstanding tax benefits including reduction in roll over capital gains tax and growth in property value being tax free when following IRS guidelines for the Opportunity Zone as designated in the tax reform act of 2017. Recent improvements include, 5 units fully renovated, new roofs, new paving seal coat, new windows, plus much more. In Place Cap Rate is +/- 7.06% with additional upside to the investor through continued unit renovation.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 16 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MERI-000605-000169-000001-000003
Land Assessment
$224,000
Improvements Assessment
$474,460
Total Assessment
$698,460
  • Listing ID: 17590633

  • Date on Market: 10/30/2019

  • Last Updated:

  • Address: 89-113 Bronson Ave, Meriden, CT 06451

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