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Off market
  • $987,900

    22 Meadow St #24, Wallingford, CT 06492

    13beds
    7,284sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $987,900 Zestimate®
    $136/sqft
    $1,787 Estimated rent

    Home value

    $987,900

    $889,000 - $1.10M

    $1,787/mo

    Zestimate® history
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    $6,997/mo

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    What's special

    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

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 6
    • Full bathrooms: 6
    Cooling
    • None
    Features
    • Basement: Yes
    Interior area
    • Total interior livable area: 7,284 sqft

    Property

    Parking
    • Parking features: On-street

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Wallingford

    Other

    Other facts
    • Basement: Yes
    • RoofType: Asphalt
    • NumParkingSpaces: 0
    • ParkingType: OnStreet
    • YearUpdated: 1900

    Price history

    DateEventPrice
    12/11/2022Sold$733,784-8.3%$101/sqft
    Source: Smart MLS #170523638 Report a problem
    10/20/2022Contingent$799,900$110/sqft
    Source: Berkshire Hathaway HomeServices New England Properties #170523638 Report a problem
    9/16/2022Listed for sale$799,900$110/sqft
    Source: Smart MLS #170523638 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Wallingford Center

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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    $987,900
    2% more
    +$19,758
    With Zillow Showcase(estimated)
    $1,007,658