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374 N Colony Rd 4 Unit Apartment Building Offered at $775,000 Wallingford, CT 06492

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.

ATTACHMENTS

374 North Colony Street.Wallingford_Current

PROPERTY FACTS

Price $775,000 Lot Size 0.36 AC
Price Per Unit $193,750 Building Size 2,559 SF
Sale Type Investment or Owner User No. Stories 3
No. Units 4 Year Built/Renovated 1900/2021
Property Type Multifamily Parking Ratio 7.82/1,000 SF
Zoning CB 40
Price $775,000
Price Per Unit $193,750
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
1 1
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number WALL-000104-000000-000099 Improvements Assessment $267,900
Land Assessment $72,600 Total Assessment $340,500

PROPERTY TAXES

Parcel Number
WALL-000104-000000-000099
Land Assessment
$72,600
Improvements Assessment
$267,900
Total Assessment
$340,500
(203) 288-1900

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Contact the broker for more information about this property

CONTACT

  • Renee Stevens
    Renee Stevens

  • Listing ID: 32721217

  • Date on Market: 8/7/2024

  • Last Updated:

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

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374 N Colony Rd
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374 N Colony Rd

Renee Stevens
(203) 288-1900

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