Investors, take notice! This residential 2-family presents an incredible opportunity with its unique blend of commercial and residential business use in this CA12 Zone. Located on the bustling Route 5 in Wallingford, this property benefits from high visibility and substantial business traffic, making it an ideal investment for savvy entrepreneurs. Whether you're looking to establish a thriving business, generate rental income, or both, this versatile property has endless possibilities. Both units with 2 bedrooms and in need of TLC! Cash or Rehab loans. Property sold in As Is Condition with all of the debris remaining in the property.
Sold for $314,900
$314,900
243 North Colony Street, Wallingford, CT 06492
4beds
1,824sqft
Multi Family
Built in 1910
-- sqft lot
$335,100 Zestimate®
$173/sqft
$2,125 Estimated rent
Home value
$335,100
$295,000 - $379,000
$2,125/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 08, 2024 at 04:37pm
Listed by:
Patrick R. Combs 203-671-0983,
Dan Combs Real Estate 203-265-2356
Bought with:
Patrick R. Combs, REB.0751326
Dan Combs Real Estate
Source: Smart MLS,MLS#: 24041525
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Gas on Gas, Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater, Water Heater
Features
- Windows: Thermopane Windows
- Basement: Full,Unfinished
- Attic: Floored,Walk-up
- Has fireplace: No
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
- Finished area above ground: 1,824
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Lot
- Size: 9,147 sqft
- Features: Level
Details
- Parcel number: 2047128
- Zoning: CA12
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Clapboard, Wood Siding
- Foundation: Brick/Mortar, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & neighborhood
Location
- Region: Wallingford
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2024 | Sold | $314,900-1.6%$173/sqft |
Source:  Smart MLS #24041525 Report a problem | ||
| 8/28/2024 | Listed for sale | $319,900+869.4%$175/sqft |
Source: Smart MLS #24041525 Report a problem | ||
| 6/9/1999 | Sold | $33,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,699 +13.6% | $194,800 +44.4% |
| 2024 | $4,136 +4.5% | $134,900 |
| 2023 | $3,958 +1% | $134,900 |
Find assessor info on the county website
Neighborhood: Wallingford Center
Nearby schools
GreatSchools rating
- NAMoses Y. Beach SchoolGrades: PK-2Distance: 0.3 mi
- 6/10Dag Hammarskjold Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Lyman Hall High SchoolGrades: 9-12Distance: 1.6 mi
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Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$335,100
2% more+$6,702
With Zillow Showcase(estimated)$341,802