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Two-Home Multifamily Property
For Sale
$559,900
Pending

147-151 Halls Hill Rd, Colchester, CT 06415

Two separate residences share one lot, with independent utilities and distinct residential features.

Property Size3,293 SF
Days on Market127

Property Features for 147-151 Halls Hill Rd

General Information

Standard status Pending
Size 3,293 SF
Property subtype Multi Family

Additional Details

Utilities to Site Yes
Multifamily Units 2

Building Details

Building Size 3,293 SF
Year Built 1947
Buildings 2
Listing Agency: Carl Guild & Associates
Listed By: Matthew Faski
Source: Elliman
Added: Apr 27 Changed: Aug 30 Last Checked: Aug 30 at 10:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carl Guild & Associates

Investment Insights

Based on property information with market context.

This multifamily property includes two residences at 147-151 Halls Hill Road on a single lot. The home at 147 Halls Hill offers one-floor living, two bathrooms, flexible two- to three-bedroom configuration, and attic storage or bonus space. The residence at 151 Halls Hill includes three bedrooms, two bathrooms, a two-car garage, and a full basement.

Each home has separate utilities. The 151 Halls Hill residence is occupied through August 2026, with potential for earlier availability. Both residences have assumable solar leases. Built in 1947, the property is located in Colchester, Connecticut, and has a Walk Score of 8 and Bike Score of 24.

Key Highlights

  • Two residences on one lot at 147‑151 Halls Hill Road
  • Separate utilities serve each home
  • 147 Halls Hill: one‑floor layout, 2 baths, flexible 2‑3 bedroom configuration, and attic space

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Catering Service Big Box & Wholesale Store Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby

Demographics for 06415, CT

16,300
Population
7,019
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
96%
High-School Grad
56.0 sq mi
ZIP Area
291
Density / Sq Mi
$119,656
Median Household Income
$65,891
Median Earnings
$1,398
Median Rent
$340,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate residences share one lot, with independent utilities and distinct residential features.
Where is this multifamily property located?
The property is located at 147-151 Halls Hill Rd Colchester, CT.
What is the asking price?
The asking price for this property is $559,900.
What are key features of this property?
This property features: Two residences on one lot at 147‑151 Halls Hill Road; Separate utilities serve each home; 147 Halls Hill: one‑floor layout, 2 baths, flexible 2‑3 bedroom configuration, and attic space
More about this property
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