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Two-Unit Duplex with Water Views
For Sale
$349,900

2 Old Colchester Road, Waterford, CT 06375

Multi-Family For Sale, Units on different Floors, Waterford, CT

Property Size2,088 SF
Lot Size0.35 Acres
Price / SF$167.58
Days on Market11

Property Features for 2 Old Colchester Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning NB
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Basement
Exterior features Shed,Gutters,Garden Area,Lighting
Fireplace 1
Basement Full, Unfinished
Lot features Corner Lot, Water View
Elementary school Per Board of Ed
High school Waterford
Directions Old Norwich Rd. to Old Colchester Rd. (Driveway on Quaker Ln)
Standard status Active
Size 2,088 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 5137

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Water source Public

Amenities

private entrances
laundry hook-ups

Building Details

Year built 1823
Architectural style Other
Listing Agency: CENTURY 21 AllPoints Realty · Century 21 Real Estate
Listed By: L.J. Bunker · License #RES.0802006
Added: Sep 25 Changed: Oct 4 Last Checked: Oct 5 at 12:06PM
MLS# 24206261

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1823 duplex contains two one-bedroom units, each with a full bath, private entrance, and laundry hookups. The 2,088-square-foot building features exposed wood beams, a fireplace, and a basement. Recent improvements include a newer roof, new oil tanks, washers and dryers, refrigerators, and kitchen and bathroom updates. The property sits on 0.35 acres and has a shed, garden area, gutters, and exterior lighting.

The property faces Smith Cove and is within walking distance of the Thames River and a local pizza shop. Public water and sewer serve the property, and zoning is NB.

Key Highlights

  • Two one‑bedroom units, each with a full bath, private entry, and laundry hookups
  • 2,088‑square‑foot building on 0.35 acres
  • Built in 1823; includes exposed wood beams, a fireplace, and a basement

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Garden Center Auto Repair Shop Barber Shop

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

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 06375, CT

3,758
Population
1,541
Households
2.4
Avg Household Size
43
Median Age
31%
College-Educated
95%
High-School Grad
7.9 sq mi
ZIP Area
476
Density / Sq Mi
$104,427
Median Household Income
$59,722
Median Earnings
$998
Median Rent
$294,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two one-bedroom residences each include a private entrance, laundry hookups, and a full bath.
Where is this duplex located?
The property is located at 2 Old Colchester Road Waterford, CT.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two one‑bedroom units, each with a full bath, private entry, and laundry hookups; 2,088‑square‑foot building on 0.35 acres; Built in 1823; includes exposed wood beams, a fireplace, and a basement
More about this property
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