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Historic Guilford Multi-Stream Investment Opportunity

48 State Street Guilford, CT 06437

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For Sale
$1,000,000

Rare investment property near Guilford Green with multiple income streams.

Type:2 Family
Property size:
3,402 SF
Lot size:
0.38 Acres
Price / SF:
$293/SF
Added:
Apr 24, 2026
Days on Market:
79
Last Refresh:
May 8 at 3:01 am

Property Features for 48 State Street

General Information

Standard status
Active
Size
3,402 SF
Lot size
0.38 Acres
Property subtype
2 Family

Building Details

Year Built
1770

Listing office Compass Connecticut, LLC

Listing date Apr 24, 2026

Source Lockandkeyre

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 Compass Connecticut, LLC


Investment Insights

Based on property information with market context.

Located in the historic district of Guilford, this property presents a multi-stream investment opportunity. The Nathaniel Hall House, dating back to approximately 1770 with an 1810 addition, offers a blend of Colonial and Federal architectural styles. The interior features wide-plank flooring, custom-built ins, and three unused 18th-century fireplaces. The main floor was previously used as a professional business office. The second floor contains a private 2-bedroom apartment, and there is also a spacious walk-up attic. A detached barn houses a separate 2-bedroom apartment, suitable for rental income or multi-generational living. The property is currently a turnkey investment, with tenants in place and leases extending through the following year. Situated on a 0.38-acre lot, the property includes ample off-street parking and is located six houses from Guilford Green, providing access to community events, boutiques, and dining. The property offers potential for business use, capitalizing on multiple revenue streams within a historic building.

Key Highlights

  • Triple stream revenue potential or live‑work opportunity in a historic property.
  • Detached barn with a separate 2BR apartment for rental income or multi‑generational living.
  • Prime location: Only 6 houses from Guilford Green, near community events, boutiques, and dining.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Yerkes Stephens Insurance ... Insurance Agency

Suggested Use

Locksmith Computer & Electronic Repair Auto Parts Store Electrical Service Catering Service Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Rare investment property near Guilford Green with multiple income streams.
Where is this duplex located?
The property is located at 48 State Street Guilford, CT.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Triple stream revenue potential or live‑work opportunity in a historic property.; Detached barn with a separate 2BR apartment for rental income or multi‑generational living.; Prime location: Only 6 houses from Guilford Green, near community events, boutiques, and dining.
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