Renee Stevens 2032881900

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.

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
Property Subtype	Multi Family
Zoning	CB 40

Price	$775,000
Price Per Unit	$193,750
Sale Type	Investment or Owner User
No. Units	4
Property Type	Multifamily
Property Subtype	Multi Family
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