Two-Family Residential Income
For Sale
$465,000
Pending
86 State Street, Guilford, CT 06437
Two-family structure provides flexible living options with potential rental income while allowing room for updates.
Property Size1,525 SF
Days on Market86
Property Features for 86 State Street
General Information
Standard status
Pending
Size
1,525 SF
Property subtype
2 Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1870
Listing Agency:
Planet Realty, LLC
(203) 779-9224
Listed By:
Terri St Peter
(203) 779-9224
Source:
Lockandkeyre
Added: Jun 8
Changed: Aug 8
Last Checked: Jul 28 at 11:46AM
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 Planet Realty, LLC
Investment Insights
Based on property information with market context.
This two-family residential income property is being sold as-is and would benefit from updates and improvements. As a duplex-style setup, it offers two separate living units under one ownership, making it well suited for buyers looking for a straightforward layout with customization opportunities.
The property is located in Guilford, just moments from the Guilford Green and close to local restaurants and shops. It is also near shoreline attractions and everyday services, supporting day-to-day convenience for residents.
For owner-occupants, the configuration can work for an extended living arrangement while using the second unit to offset housing costs. For investors or experienced operators, the asset’s condition suggests a renovation-minded approach, with the two-unit format providing a practical pathway to reimagine the property as a functional, market-ready residence. Buyers should plan for due diligence around the required improvements, since the home is offered as-is.
The property is located in Guilford, just moments from the Guilford Green and close to local restaurants and shops. It is also near shoreline attractions and everyday services, supporting day-to-day convenience for residents.
For owner-occupants, the configuration can work for an extended living arrangement while using the second unit to offset housing costs. For investors or experienced operators, the asset’s condition suggests a renovation-minded approach, with the two-unit format providing a practical pathway to reimagine the property as a functional, market-ready residence. Buyers should plan for due diligence around the required improvements, since the home is offered as-is.
Key Highlights
- Two‑family property with flexible living options and potential rental income
- Year built: 1870
- Sold as‑is and likely requires updates and improvements
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family structure provides flexible living options with potential rental income while allowing room for updates.
Where is this duplex located?
The property is located at 86 State Street Guilford, CT.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Two‑family property with flexible living options and potential rental income; Year built: 1870; Sold as‑is and likely requires updates and improvements
