2 Clinton Place

Wallingford, CT 06492 View Map $749,900 Schedule a Tour
Beds15
Baths6
Sq.Ft.6,562
Year1915

Carbutti & Co. Realtors

(860) 809-1691

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Status: Active
Property Type:Multi-Family
MLS #:170514619
Sq. Feet:6,562
On Site:13 Days
Lot Size:0.73 Acres
County:New Haven
Great opportunity for investor to own this updated fully occupied 6 unit income producing property with $7,375 monthly gross income situated on almost a third of an acre! The property consists of two separate buildings on the same parcel with the first building consisting of 3,815 sq ft and (3) three bedroom units and the second building consists of 2,747 sq ft and (3) two bedroom units. Both buildings have been updated with replacement architectural asphalt shingle roofs, vinyl siding, newer replacement windows, all separate utilities and more. In addition the first building has all natural gas boilers and the second building has one newer forced air gas furnace and two oil boilers (natural gas is available and just needs meter installed), and updated electrical service/meters. There is a paved parking lot with 12 parking spaces and two spaces are assigned to each unit. Please note this is considered commercial because it is more than 4 units and any lender will require commercial financing.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:2 Clinton Place Wallingford, CT 06492
County:New Haven
Zip Code:06492

School Information

High School:Per Board of Ed
Elementary School:Per Board of Ed

Architecture

Bedrooms: 15
Bathrooms: 6
Year Built:1915
Stories:0
Construction Description: Frame
Occupied By: Tenant
Property Sub Type: 5 Family+
Unit 1 Appliances: Oven/Range, Refrigerator
Unit 1 Unit Full Baths: 1
Unit 1 Unit Monthly Rent: 1400
Unit 1 unit Number Bed Rooms: 3
Unit 1 Unit Num Rooms: 6
Unit 2 Appliances: Oven/Range, Refrigerator
Unit 2 Unit Full Baths: 1
Unit 2 Unit Monthly Rent: 1375
Unit 2 unit Number Bed Rooms: 3
Unit 2 Unit Num Rooms: 6
Unit 3 Appliances: Oven/Range, Refrigerator
Unit 3 Unit Full Baths: 1
Unit 3 Unit Monthly Rent: 1350
Unit 3 unit Number Bed Rooms: 3
Unit 3 Unit Num Rooms: 6
Unit 4 Appliances: Oven/Range, Refrigerator
Unit 4 Unit Full Baths: 1
Unit 4 Unit Monthly Rent: 875
Unit 4 unit Number Bed Rooms: 2
Unit 4 Unit Num Rooms: 4
Unit 5 Appliances: Oven/Range, Refrigerator
Unit 5 Unit Full Baths: 1
Unit 5 Unit Monthly Rent: 1250
Unit 5 unit Number Bed Rooms: 2
Unit 5 Unit Num Rooms: 5
Unit 6 Appliances: Oven/Range, Refrigerator
Unit 6 Unit Full Baths: 1
Unit 6 Unit Monthly Rent: 1125
Unit 6 unit Number Bed Rooms: 2
Unit 6 Unit Num Rooms: 5
Roof Information: Asphalt Shingle
Foundation: Brick, Stone
Basement Description: Full With Hatchway, Unfinished, Interior Access, Storage
Garage Parking Information: Paved, Parking Lot

Features / Amenities

Laundry Room Information: Basement Hook-Up(s), Washer/Dryer Some Units
Exterior Features: Deck, Porch
Exterior Siding: Vinyl Siding
Attic Description: Walk-up, Access Via Hatch
Heat Fuel Type: Natural Gas, Oil
Heat Type: Hot Air, Hot Water
Energy Features: Thermopane Windows
Fuel Tank Location: Above Ground

Property Features

Lot Size: 0.73 Acres
Lot Description: Sloping Lot
Water Source: Public Water Connected
Hot Water Description: Domestic, Electric, Natural Gas
Sewage System: Public Sewer Connected
Driveway: Paved
Zoning:R18
Directions:Masonic Ave to Clinton Pl

Tax and Financial Info

Gross Annual Income: $88,500
Gross Annual Expense: $31,176
Net Operating Income: 57324
Property Tax: $9,894
Possession Availability: Negotiable

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2 Clinton Place Wallingford, CT 06492
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2 Clinton Place Wallingford, CT 06492
 
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Listing Information Last Updated 8/18/2022
Listing provided courtesy of Carbutti & Co., Realtors.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Carbutti & Co. Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.