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Historic 3-Unit Multifamily Home
For Sale
$460,000

9 Allen Road, Cromwell, CT 06416

Historic 3-family built in 1800 with separate kitchens, 6 bedrooms, and 3 full baths on public water and sewer.

Property Size1,800 SF
Lot Size0.49 Acres
Price / SF$170.50
Days on Market40

Property Features for 9 Allen Road

General Information

Standard status Active
Size 1,800 SF
Lot size 0.49 Acres
Property subtype 3 Family

Additional Details

Utilities to Site Yes
Multifamily Units 3

Building Details

Building Size 1,800 SF
Year Built 1800
Listing Agency: Berkshire Hathaway NE Prop.
Listed By: Seth Winkleman
Source: Iverty
Added: Jul 16 Changed: Aug 24 Last Checked: Aug 24 at 5:38AM

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 Berkshire Hathaway NE Prop.

Investment Insights

Based on property information with market context.

9 Allen Road is a historic 3-family multifamily home built in 1800. The property contains three units with a total of 6 bedrooms and 3 full baths, and each unit has its own kitchen. The building is offered as-is, where-is, and requires significant work.

The home is situated on a level 0.49-acre lot and is served by public water and public sewer connections. Reported mechanical updates include a 200-amp electrical service upgrade in 2017 and a newer architectural shingle roof installed in 2018.

This offering is described as a value-add investment opportunity and may not qualify for conventional financing based on the property’s condition; cash, hard money, or rehab loans are recommended. All offers must include the as-is addendum to be considered.

Key Highlights

  • Historic 3‑family home built in 1800 with 2,698 SF total living space
  • 6 bedrooms and 3 full baths across 3 units, with a kitchen in each unit
  • Level 0.49‑acre lot with public water and public sewer connections

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Auto Repair Shop Building Supply Nail Salon

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

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 06416, CT

14,225
Population
6,286
Households
2.3
Avg Household Size
45
Median Age
46%
College-Educated
96%
High-School Grad
12.5 sq mi
ZIP Area
1,138
Density / Sq Mi
$104,458
Median Household Income
$64,127
Median Earnings
$1,536
Median Rent
$311,300
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?
Triplex - Historic 3-family built in 1800 with separate kitchens, 6 bedrooms, and 3 full baths on public water and sewer.
Where is this triplex located?
The property is located at 9 Allen Road Cromwell, CT.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Historic 3‑family home built in 1800 with 2,698 SF total living space; 6 bedrooms and 3 full baths across 3 units, with a kitchen in each unit; Level 0.49‑acre lot with public water and public sewer connections
More about this property
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