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$799,900
8 Days Online

22-24 Meadow Street
Wallingford, CT 06492

For Sale|Multi-Family|Under Contract Continue To Show
County:
New Haven
Listing courtesy of Mary J Edeen of Calcagni Real Estate

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(203) 281-3400
22-24 Meadow Street22-24 Meadow Street22-24 Meadow Street22-24 Meadow Street
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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

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Listing Snapshot
Price 
$799,900
Days Online 
8 Days
Bedrooms 
13
Inside Area (SqFt) 
7,284 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
1900
MLS Number 
170523638
Status 
Under Contract Continue To Show
Property Tax 
$10,997
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS
4 days agoStatus changed to Under Contract - Continue to Show
a week agoListing first seen online
General Features
Style 
Other
Parking 
On Street ParkingParking Lot
Water Source 
Public Water Connected
Sewage System 
Public Sewer Connected
Interior Features
Heating 
Hot Air
Cooling 
None
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Exterior Features
Waterfront Description 
Not Applicable
Pool 
No
Lot Description 
Level Lot
Community Features
Recreational Facilities 
ParkShopping/Mall
Schools
School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
Per Board of Ed
Listing courtesy of Mary J Edeen of Calcagni Real Estate



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc.

Neighborhood & Commute
Source: Walkscore
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