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Off market
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  • $2,498,300

    238 Hall Ave, Wallingford, CT 06492

    --beds
    0baths
    14,094sqft
    MultiFamily
    Built in 2018
    -- sqft lot
    $2,498,300 Zestimate®
    $177/sqft
    $2,330 Estimated rent

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    $2,330/mo

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    $2,330/mo

    Rent Zestimate®

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    $14,996/mo

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    $14,996/mo

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    What's special

    9 Unit Apartment Building, 5 of the units are large townhouses with garages under. New quality construction. All the trim is Azek siding. Large units all with separate utilities. Rents are under market value, nothing to do but raise the rents as they turn over. Terrific location in Wallingford, low taxes, low water and sewer bill. This property is a hold forever, great annuity for an investor's future. Current NOI is $111,264.00

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Baseboard, Forced air, Gas
    Cooling
    • Central
    Appliances
    • Laundry: All Units Have Hook-Ups
    Features
    • Basement: Full With Walk-Out
    Interior area
    • Total interior livable area: 14,094 sqft
    • Finished area below ground: 1400

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 0.72 Acres
    • Features: Level
    Details
    • Zoning: R6

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: Wallingford

    HOA & financial

    Other financial information
    • Total actual rent: 1900000

    Other

    Other facts
    • Sewer: Public Sewer
    • Heating: Baseboard, Forced Air, Natural Gas
    • Zoning: R6
    • Roof: Asphalt
    • GarageYN: true
    • AttachedGarageYN: true
    • AssociationYN: 0
    • HeatingYN: true
    • ConstructionMaterials: Frame, Vinyl Siding
    • NumberOfUnitsTotal: 9
    • LotFeatures: Level
    • Cooling: Window Unit(s), Central Air
    • YearBuiltSource: Owner
    • ArchitecturalStyle: Other
    • ParkingFeatures: Attached Garage
    • BelowGradeFinishedArea: 1400
    • FoundationDetails: Concrete, Masonry
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • TotalActualRent: 1900000.00
    • Basement: Full With Walk-Out
    • LaundryFeatures: All Units Have Hook-Ups
    • MlsStatus: Active
    • GrossIncome: 148500
    • TaxAnnualAmount: 20950
    • NetOperatingIncome: 111264
    • OperatingExpense: 37236
    Sell with ease on Zillow
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    $2,498,300
    2% more+$49,966
    With Zillow Showcase(estimated)$2,548,266