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Guilford Multi-Family Investment Opportunity
For Sale
$1,075,000

51 Pearl St, Guilford, CT 06437

Four-unit property in Guilford with income potential and expansion possibilities.

Property Size2,392 SF
Lot Size0.54 Acres
Price / SF$449.41
Days on Market166

Property Features for 51 Pearl St

General Information

Standard status Active
Size 2,392 SF
Lot size 0.54 Acres
Property subtype Multi Family

Building Details

Building Size 2,392 SF
Year Built 1900
Listing Agency: William Pitt Sotheby's International Realty
Listed By: Philip Warner · License #RES.0812682
Source: Elliman
Added: Mar 10 Changed: Aug 13 Last Checked: Aug 21 at 7:32AM

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 William Pitt Sotheby's International Realty

Investment Insights

Based on property information with market context.

This four-unit multi-family property is located on a large in-town lot in Guilford. Constructed in 1900, the property provides 2,392 square feet of living space, featuring one 2-bedroom unit and three 1-bedroom units. Each unit has been updated and includes its own washer and dryer. Three of the four units are currently occupied, offering immediate income potential. The property is serviced by city water and presents the possibility for future expansion. It is conveniently situated close to Guilford's historic Green, shops, restaurants, and shoreline attractions.

Key Highlights

  • Multi‑family property in desirable Guilford shoreline community.
  • Immediate income potential with three of four units currently occupied.
  • Each unit includes its own washer/dryer.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Garden Center Locksmith Computer & Electronic Repair Auto Parts Store Catering Service Plumbing 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.

Location Intelligence

Trade Area within ½ mile

1,242
Businesses Nearby

Demographics for 06437, CT

22,064
Population
9,773
Households
2.3
Avg Household Size
50
Median Age
58%
College-Educated
98%
High-School Grad
47.1 sq mi
ZIP Area
468
Density / Sq Mi
$130,036
Median Household Income
$68,217
Median Earnings
$1,754
Median Rent
$491,300
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?
Quadplex - Four-unit property in Guilford with income potential and expansion possibilities.
Where is this quadplex located?
The property is located at 51 Pearl St Guilford, CT.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Multi‑family property in desirable Guilford shoreline community.; Immediate income potential with three of four units currently occupied.; Each unit includes its own washer/dryer.
More about this property
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