Do NOT miss your opportunity to own this fully occupied turnkey investment property. Take advantage of the Wallingford electric!!! This property is located minutes from the train station & downtown offering; public activities, walking trail, & tons of shopping, local restaurants, & easy access to highways. Public and private schools nearby. This location is well desired, and the property is looking for its new owner. Maximizing rental income on all four units will make this your newest cash cow. Tenants are month to month, perfect for living in one unit and benefiting off of the others. Come take a look today!
Sold for $520,000
$520,000
55 South Cherry Street, Wallingford, CT 06492
4beds
2,258sqft
Multi Family
Built in 1890
-- sqft lot
$541,300 Zestimate®
$230/sqft
$2,057 Estimated rent
Home value
$541,300
$482,000 - $612,000
$2,057/mo
Zestimate® history
Owner options
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$2,057/mo
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$2,057/mo
Rent Zestimate®
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$3,714/mo
Est. payment
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$3,714/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ashley Henry 860-776-6515,
William Raveis Real Estate 203-272-0001,
Adrian Cote 203-217-7720,
William Raveis Real Estate
Bought with:
Adrian Cote, RES.0788168
William Raveis Real Estate
Source: Smart MLS,MLS#: 24074729
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas on Gas, Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 2,258
- Total interior livable area: 2,258 sqft
- Finished area above ground: 2,258
Property
Lot
- Size: 5,227 sqft
- Features: Level
Details
- Parcel number: 2046951
- Zoning: Per Town in the Zoning field
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Wallingford
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $520,000-5.3%$230/sqft |
Source:  Smart MLS #24074729 Report a problem | ||
| 2/27/2025 | Pending sale | $549,000$243/sqft |
Source:  William Raveis Real Estate, Mortgage & Insurance #24074729 Report a problem | ||
| 2/17/2025 | Listed for sale | $549,000$243/sqft |
Source: William Raveis Real Estate, Mortgage & Insurance #24074729 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,642 +18.8% | $233,900 +51% |
| 2024 | $4,749 +4.5% | $154,900 |
| 2023 | $4,545 +1% | $154,900 |
| 2022 | $4,498 +1.8% | $154,900 |
| 2021 | $4,418 +0% | $154,900 +13.5% |
| 2020 | $4,418 +10.9% | $136,500 |
| 2019 | $3,984 +1.9% | $136,500 |
| 2018 | $3,909 +0.3% | $136,500 |
| 2017 | $3,897 +2.4% | $136,500 |
| 2016 | $3,807 +1.7% | $136,500 +0.1% |
| 2015 | $3,744 +2.2% | $136,300 |
| 2014 | $3,665 +2.5% | $136,300 |
| 2013 | $3,574 +0.9% | $136,300 |
| 2012 | $3,541 +3% | $136,300 |
| 2011 | $3,437 -10.7% | $136,300 -14.7% |
| 2010 | $3,847 +4.6% | $159,740 |
| 2009 | $3,677 +0.5% | $159,740 |
| 2008 | $3,658 +3.9% | $159,740 |
| 2007 | $3,522 +3.8% | $159,740 |
| 2006 | $3,394 +26.3% | $159,740 +58.2% |
| 2005 | $2,687 +6% | $101,000 |
| 2003 | $2,535 -0.2% | $101,000 +3% |
| 2000 | $2,540 | $98,100 |
Find assessor info on the county website
Neighborhood: Wallingford Center
Nearby schools
GreatSchools rating
- 6/10Parker Farms SchoolGrades: 2-5Distance: 1.4 mi
- 6/10James H. Moran Middle SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Mark T. Sheehan High SchoolGrades: 9-12Distance: 2.1 mi
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$541,300
2% more
+$10,826
With Zillow Showcase(estimated)
$552,126
- Connecticut
- New Haven County
- Wallingford
- 06492
- Wallingford Center
- 55 South Cherry Street
Nearby cities
Nearby neighborhoods
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