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374 N Colony Rd
Wallingford, CT 06492
Multifamily Property For Sale · 4 Units

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INVESTMENT HIGHLIGHTS

  • Excellent Location, walking distance to Amtrack railroad in the commercial district, convenient to I-91 & Merritt Pkwy
  • Completely remodeled, 3 story building, 2,559 SF with 20 parking spaces

EXECUTIVE SUMMARY

Discover an exceptional investment opportunity in the heart of downtown Wallingford.  The 2,631 square foot free-standing building is fully leased and completely remodeled including new appliances, HVAC and electrical. Easy walking distance to the Amtrak station and center of Wallingford. This main building offers a retail storefront, three residential apartment units.  Also includes a 480 square foot commercial standalone building behind main building, potential to build 4+ units and other potential uses. This property is positioned on a bus route along busy North Colony Street (Route 5) and is located a short distance away from I-91 and Merritt Parkway.

PROPERTY FACTS

Price Per Unit $266,854 CAD
Sale Type Investment or Owner User
No. Units 4
Property Type Multifamily
Lot Size 0.36 AC
Building Size 2,559 SF
No. Stories 3
Year Built/Renovated 1900/2021
Parking Ratio 7.82/1,000 SF
Zoning CB 40

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WALL-000104-000000-000099
Land Assessment
$102,439 CAD
Improvements Assessment
$378,007 CAD
Total Assessment
$480,446 CAD
  • Listing ID: 32721217

  • Date on Market: 2024-08-07

  • Last Updated:

  • Address: 374 N Colony Rd, Wallingford, CT 06492

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