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
Off market
Street View
Zestimate®
$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
Owner options
What's special
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
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$2,498,300
2% more+$49,966
With Zillow Showcase(estimated)$2,548,266