170 Meriden Rd

Investment Highlights

• Stable Mixed-Use Cash Flow – Approximately 6,500 SF of long-term leased commercial space anchored by an established pawn shop, complemented by three renovated residential apartments that provide diversified and reliable income.
• Large Residential Unit Mix – Three spacious apartments, including a 4-bedroom and oversized 6-bedroom unit, appeal to a broader tenant pool and support strong rental income potential.
• Turnkey Asset with Minimal Capital Needs – Renovated apartment interiors, high-efficiency COMBI boilers, separately metered tenant-paid utilities, and well-maintained building systems help minimize owner expenses and future capital expenditures.
• Diversified Income Stream – A balanced combination of stable commercial rental income and residential cash flow helps reduce vacancy risk while providing multiple revenue sources.
• Portfolio Expansion Potential – Offered as a standalone investment or as part of a larger portfolio.

Location Highlights

• High-Exposure Corner Location – Prominent East End location on heavily traveled Meriden Road with excellent visibility, abundant off-street parking, and convenient access to I-84, Route 8, Downtown Waterbury, shopping, and public transportation, supporting long-term tenant demand and asset appreciation.
• Excellent Regional Accessibility – Conveniently located just minutes from I-84, Route 8, and Downtown Waterbury, providing easy access throughout Greater Waterbury and surrounding communities.
• Established Mixed-Use Neighborhood – Surrounded by dense residential neighborhoods, neighborhood retail, restaurants, schools, and public transportation, creating a strong customer base for businesses and sustained rental demand for residential units.