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MLS 24218314 For Sale Updated November 11, 2026
42 North 1st Street

Meriden, Connecticut 06451

$399,000
On market 3 days
42 North 1st Street
1 / 38

About This Property

Excellent opportunity to add an income-producing two-family property to your investment portfolio. This multifamily property offers established tenancy, separate tenant-paid utilities, and the potential for increased income over time. Each unit is equipped with its own Navien heating system, installed in 2025, providing independent heating and added efficiency. Fully occupied with tenant paid utilities, this property offers an appealing investment opportunity with manageable operating expenses and future upside. Even more attractive, 42 N First St can be purchased individually or as a package with the neighboring property at 38 N First St, presenting a unique opportunity to acquire two adjoining multifamily properties and expand your investment portfolio.

Property Details

Interior

Heat
Hot Water — Natural Gas
Cooling
None
Basement
Full,Full With Hatchway

Exterior & Lot

Roof
Asphalt Shingle
Construction
Construction
Lot Description
Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
Per Board of Ed
High
Per Board of Ed

42 North 1st Street

Meriden , Connecticut 06451

$399,000

On market 3 days

Beds
6
Baths
2
SqFt
2,272
Type
Multi-Family
County New Haven
Garage -
Rooms -
Lot Size 0.17 Acres
Property Tax $6,783
Assessed Value $216,500
Year Built 1890
Style Units on different Floors
Zoning R-3

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
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Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: 13639.

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