4 Family in the heart of Wallingford! Investors and owner occupants (as there is 1 unit vacant) take notice! This property is being sold as is but well worth it as the possibilities are endless! Large parking lot, beautiful yard, covered front porch and fabulous location! As it stands, ** included in the rent is the heat and hot water which is OIL ** there is also gas to the property though for the cooking stoves. Tenants pay electric and gas. Please note, the rents are under market due to condition and long term tenants (unit 3 has been there 31 years!) Being sold as is! There is an underground oil tank (which is the only item the seller might consider removing if agreed upon contract). There is a new 330 gallon oil tank in the basement. 5 gas meters and electric panels- 1 furnace and hot water heater. Leases are in place until 7/31/2023 for 3 units. 1 unit is vacant.
** included in the rent is the heat and hot water which is OIL ** there is also gas to the property though for the cooking stoves. Tenants pay electric and gas. Please note, the rents are under market due to condition and long term tenants (unit 3 has been there 31 years!) Being sold as is! There is an underground oil tank (which is the only item the seller might consider removing if agreed upon contract). There is a new 330 gallon oil tank in the basement. 5 gas meters and electric panels- 1 furnace and hot water heater. Leases are in place until 7/31/2023 for 3 units. 1 unit is vacant.
Multi-familyProperty Type
1890Year Built
0.36 acresLot Size
$212Est. Price/Sq.Ft.
5 spacesParking
Listed by Lauren Freedman• Coldwell Banker Realty
Bought with Donna Ricci• Coldwell Banker Realty
Source:Smart MLS #170513938
Redfin Estimate
$502,594
$148K since sold in September 2022$8,000 since August
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This home's estimate is 9.3% higher than the average sale price ($460K) of 6 comparable homes.