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21-81 Ridgeland Rd, Wallingford, CT 06492
About this home
** INVESTORS TAKE NOTICE ** You are buying a portfolio of 4 buildings with a total of 16 units. i.e. 21, 41, 61, and 81 Ridgeland Rd. All 16 units are currently rented. (The property is being sold as a package; so, please don't ask if the owner will sell them separately). Each building has 4 units. Each unit is a townhouse style design. Each unit has a separate entrance, a kitchen, a living room, 2 bedrooms, a full bathroom, and a full basement. Each unit is heated by oil hot water baseboard; further, each unit has it's own oil fired boiler and oil tank. Each unit also has its own electric meter. There is 1 water meter per building. The cost of the water is apportioned equally among the tenants who live in each building. In essence, the tenants pay their own oil, electric, and water. All 4 properties are located in a long established PUD; however, there is no monthly HOA fee. The development is located in a quiet suburban location that's close to highways, shopping, and schools. With a little effort on cosmetics, you could achieve over a 10% CAP rate.
Redfin Estimate
Market trends in 06492, CT
Last updated October 2026
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Provided by Redfin
Sale history for 21-81 Ridgeland Rd
$114/sq ft
$118/sq ft
Tax history for 21-81 Ridgeland Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Garage Information
- Garage & Parking: Paved, On Street Parking
Interior
- Virtual Tour Information
- Has Virtual Tour
- Interior Information
- Laundry Room Info: Basement Hook-Up(s)
- Bathroom Information
- # of Baths (Full): 16
- Bedroom Information
- Beds Total: 32
- Room Information
- Basement Description: Full
- Multi-Unit Information
- Unit Count: 2
- Total Rooms Multi Family: 64
- Total Number of Units: 16
Exterior
- Exterior Features
- Roof Information: Asphalt Shingle
- Exterior Siding: Shake
- Lot Information
- Lot Description: Secluded, Lightly Wooded
- Building Information
- Foundation Type: Concrete
- Construction Description: Frame
- Property Information
- Property Type: Multi-Family For Sale
- Property Sub Type: 5 Family+
- Driveway Type: Paved
Financial
- Assessments Information
- Assessed Value: $647,800
Utilities
- Utility Information
- Water Source: Public Water Connected
- Sewage System: Public Sewer Connected
- Hot Water Description: 30 Gallon Tank, Electric
- Heat Type: Hot Water, Radiator
- Heat Fuel Type: Oil
- Fuel Tank Location: In Basement
Location
- School Information
- High School: Per Board of Ed
- Elementary School: Per Board of Ed
- Location Information
- State: Connecticut
- Nearby Amenities: Lake, Library, Medical Facilities, Park, Shopping/Mall
- Directions: GPS Friendly
- County: New Haven
Public facts
- Beds: 8
- Baths: 4.0
- Sq. Ft.: 3,168
- Stories: 2.0
- Lot Size: 0.59 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 1952
- Year Renovated: —
- County: New Haven County
- APN: 2049552
Other
- Documents & Disclosures
- Supplement Count Public: 8
Around this home
Schools
- K - 12
- Preschool & daycare
Public 2-5 • Assigned • 0.5mi
Public 6-8 • Assigned • 0.4mi
Public 9-12 • Assigned • 0.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 97° expected this year, 16 days in 30 years
27% chance of strong winds in next 30 years
3 unhealthy days expected this year, 5 days in 30 years
Sun exposure
In this area, properties receive around 8.9 hours in June and 4.5 hours in December, which is comparable to the U.S. average for solar exposure.
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| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | 3168 Sq. Ft. | $682,567 |
8 Beds | 4 Baths | 3168 Sq. Ft. | $650,006 |
3 Beds | 1 Baths | 1020 Sq. Ft. | $395,562 |
3 Beds | 1 Baths | 1104 Sq. Ft. | $358,796 |
4 Beds | 2 Baths | 1936 Sq. Ft. | $466,164 |
8 Beds | 4 Baths | 3168 Sq. Ft. | — |
8 Beds | 4 Baths | 3168 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | 3168 Sq. Ft. | $628,269 |
8 Beds | 4 Baths | 3168 Sq. Ft. | $718,063 |
3 Beds | 1 Baths | 1000 Sq. Ft. | $352,808 |
3 Beds | 1 Baths | 1260 Sq. Ft. | $370,178 |
8 Beds | 4 Baths | 3168 Sq. Ft. | — |
8 Beds | 4 Baths | 3168 Sq. Ft. | — |
2 Beds | 1 Baths | 832 Sq. Ft. | $310,762 |
| Address | Redfin Estimate |
|---|---|
8 Beds | 4 Baths | 3168 Sq. Ft. | $664,091 |
4 Beds | 1.5 Baths | 1284 Sq. Ft. | $434,776 |
4 Beds | 2 Baths | 1400 Sq. Ft. | $321,856 |
3 Beds | 1 Baths | 1200 Sq. Ft. | $369,358 |
8 Beds | 4 Baths | 3168 Sq. Ft. | — |
8 Beds | 4 Baths | 3168 Sq. Ft. | — |
2 Beds | 2 Baths | 1170 Sq. Ft. | $371,315 |
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