Property summary
This exceptional investment opportunity presents a fully leased, three-story mixed-use property situated on a 0.36-acre lot in the vibrant heart of Wallingford, Connecticut. The 3,011 square foot building boasts a prime location, offering convenient access to public transportation, including a nearby bus route and Amtrak rail station, as well as easy connectivity to I-91 and the Merritt Parkway. The property comprises three residential units and one storefront commercial unit within the main building, along with a separate 480 square foot commercial building suitable for various uses. Recently completed renovations encompass new appliances, HVAC systems, and electrical upgrades throughout the entire property. Each unit is equipped with individual meters for efficient utility management. This meticulously maintained and fully occupied building represents a stable and attractive investment prospect with strong potential for future appreciation. The strategic location and diverse tenant mix contribute to a consistent income stream, making this an ideal addition to any investment portfolio. The property's blend of residential and commercial spaces caters to a wide range of needs within a thriving community. This turnkey investment is ready for immediate ownership and offers a compelling opportunity for passive income generation. The property's size and location make it an attractive option for both seasoned investors and those seeking to diversify their holdings.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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