$799,900
Estimated Payment$3,778/mo
Multi-Family For Sale

22-24 Meadow Street, Wallingford, CT 06492

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13Beds
6Baths
7,284Sq. Ft.
Multi-Family Home In Wallingford

Investment Opportunity Awaits!! Property consists of a 4-Family home each with 2 bedroom units; and a 2-Family home with a 3 bedroom 1st floor unit and a 2 bedroom 2nd floor unit. These properties have long term tenancy and a positive cash flow right out of the gate! 24 Meadow Street features a 4 unit, 4,216 sq ft Multi-Family Home with long-term tenants in place for over 20 years! The "Southside" of the home which has two - two bedroom units with 1200 sq ft each are fully occupied. The "Northside" of the home, which has two - two bedroom units with 800 sq ft each features the 2nd floor occupied and the 1st floor vacant. 22 Meadow Street features a 2 family house in the back with 3,068 sq ft. This home has a vacant 1st floor Ranch Style Unit with 1,400 sq ft. This unit is vacated after 15 years of occupancy and is being re-done. The 2nd floor has 1,200 sq ft and is occupied. There is coin-operated laundry in this 2 family home.Both houses have updated electrical on all six apartments, they were all gutted and have new plumbing, sheetrock, and insulated. New windows were installed approximately 15 years ago. All separate utility meters make it a breeze for the tenant to pay their individual usage. Long term tenants have been in place resulting in rents that are currently below market value. Potential exists to increase profit margins. Proof of funds or lender preapproval will be required.Cross Listed with Commercial Mls Listing # 170512089

22-24 Meadow Street is a multi family-home located in New Haven, and the 06492 ZIP Code.

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22-24 Meadow Street
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Location
22-24 Meadow Street Wallingford, CT 06492
Home Details

Listing Details

General

  • Total Number of Units: 6

    Interior Details

    Utilities

    • Heating Details: Hot Air

      Rooms

      • Full Bathrooms: 6
      • Basement: Yes
      • Rooms: Y
      • Basement Details: Full

      General

      • Water Source(s): Public Water Connected
      • Interior Features: Natural Gas

      Financial Details

      Tax Details

      • Annual Tax Amount: 10997
      • Zoning: CA6

      HOA

      • Association Amenities: Park, Shopping Mall

        Property Details

        General

        • Laundry Features: Coin Op Laundry
        • Lot Features: Level Lot
        • Water Source(s): Public Water Connected

        Construction Details

        • Architectural Style: Other
        • Roof: Asphalt Shingle
        • Foundation Details: Stone
        • Construction Materials: Frame

        Parking

        • Garage: 0 0,On Street Parking,Parking Lot

          MLS Details

          General

          • Days on Homes.com: 80
          • MLS Number: 170523638
          • Listed: 9/16/2022
          • Last Updated: 9/24/2022
          • Listing Source: Smartmls, Inc.
          Monthly Payment Calculator

          $3,778

          Estimated Mortgage
          Principal & Interest
          $2,698
          Insurance
          $280
          Taxes
          $800
          Mortgage Insurance
          $0
          i
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          Nearby Schools
          School data provided by GreatSchools
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          Points of Interest

          Airports

          Distance
          • Tweed-New Haven
            15.6 mi

          Colleges

          Distance
          • Quinnipiac University
            5.9 mi

          Military Bases

          Distance
          • Naval & Marine Reserve Center
            23.3 mi

          Parks and Recreation

          Distance
          • Wharton Brook State Park
            2.7 mi

          Shopping Centers

          Distance
          • North Colony Shopping Center
            0.3 mi
          • Tower Square
            0.9 mi
          Listing Agent
          Mary Edeen
          Real Estate Agent
          Wallingford, CT
          Continue Your Search

          $799,900

          13 Beds6 Baths7,284 Sq. Ft.

          22-24 Meadow Street

          Wallingford, CT 06492

          Mary Edeen
          Real Estate Agent