162 South Colony Street

Closed 6/21/21
Closed 6/21/21
Gallery Image 1
Sold
Last Sold Price
$510,000
12 beds3,554 sqft
162 S Colony St, Wallingford, CT 06492
Multi FamilyProperty Type
0.14 acresLot Size
1890Year Built
$144/sq ftPrice per sq ft

Description

Investors delight! Opportunity to own 2 multi family homes with 6 units on one lot. It has offstreet parking and a shed! This is a blue 4 family at #162 south colony which has two 1 br units on the first floor, a 4 br unit on the 2nd floor and a 2 br unit on the 3rd floor. The 2nd building is a green 2 family #162b south colony aka 10 franklin st which has a 1 br unit on the first floor and a 3 br unit on the 2nd and 3rd floor. Tenants pay gas (heat and hot water) and electric. Low maintenance vinyl...Investors delight! Opportunity to own 2 multi family homes with 6 units on one lot. It has offstreet parking and a shed! This is a blue 4 family at #162 south colony which has two 1 br units on the first floor, a 4 br unit on the 2nd floor and a 2 br unit on the 3rd floor. The 2nd building is a green 2 family #162b south colony aka 10 franklin st which has a 1 br unit on the first floor and a 3 br unit on the 2nd and 3rd floor. Tenants pay gas (heat and hot water) and electric. Low maintenance vinyl siding! These buildings have been maintained very nicely! Great income producing properties! Conveniently located in the center of wallingford walking distance to the train station and shopping. Convenient to highways.
  • Listed by: Patrick R Combs 203.671.0983 dancombsre@aol.com • Dan Combs Real Estate
Listing closed: 06/21/2021 12:00 AM • Source: SMARTMLS, MLS#: 170383205

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Recent comparable sales

Median sold price

$537,000

Avg days on market

19

Sale-to-list ratio

102.4%

Wallingford, CT

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180 South Whittlesey Avenue, Wallingford, CT 06492

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Location

Listing Courtesy of Dan Combs Real Estate, Patrick R Combs

Sold By Coldwell Banker Realty, Stephen Palmer

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Property Information for 162 South Colony Street

Property Details
  • Taxes: $6,302 / year
  • MLS Type: Multi-Family / 5 Family+
  • County: New Haven County
  • Basement Description: Full With Hatchway
  • Direct Waterfront: No
  • Garages Number: 0
  • Style: Other
  • Garage Parking Info: Paved, Assigned Parking
  • Swimming Pool: No
Building Information
  • Residences: 6
  • Year Built: 1890
  • Lot Size: 0.14 AC / 6,098 SF
Summary
Property and Location
  • Acres Source: Public Records
  • Directions: ROUTE 5 TO THE CORNER OF FRANKLIN ST - BLUE BUILDING AT #162 AND GREEN BUILDING AT 162B AKA 10 FRANKLIN ST
  • Elementary School: Per Board of Ed
  • High School: Lyman Hall
  • Intermediate School: Per Board of Ed
  • Latitude: 41.45382
  • Longitude: -72.825386
  • Middle Jr High School: Hammarskjold
  • Neighborhood Amenities: Public Transportation, Shopping/Mall
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2020-June 2021
  • Property Tax: $6,302
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Shed
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Access Via Hatch
  • Cooling System: None
  • Heat Type: Baseboard, Gas on Gas, Radiator
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: Basement Hook-Up(s)
  • Laundry Room Location: LAUNDRY HOOKUPS ARE LOCATED IN BASEMENTS
  • Rooms Total: 24
Property
Property and Assessments
  • Color: Blue & Green
  • Construction Description: Frame
  • Driveway Type: Paved
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Fuel Tank Location: Non Applicable
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1890
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: THIS SALE IS 2 PROPERTIES ON SAME LOT - #162 - 4 FAM 3,554 SQ FT & #162B - 2 FAM 1,872 SQ FT
  • Sq Ft Est Heated Below Grade: 0
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 2046465
  • Sq Ft Est Heated Above Grade: 3554.0
  • Sq Ft Total: 3554.0
  • Zoning: CA12
Utilities
  • Energy Features: Thermopane Windows
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 6
  • Total Rooms Multi Family: 24
Building Details
  • Unit Count: 6
Unit 1
  • Lease: Leased
  • Lease Expires: 08-31-2021
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 780
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 03-24-2021
  • Unit Monthly Rent: $825
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 07-31-2021
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1092
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 03-24-2021
  • Unit Monthly Rent: $1,150
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 806
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 03-24-2021
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 4
  • Lease: Leased
  • Lease Expires: 12-31-2021
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 687
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 03-24-2021
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Lease Expires: 10-31-2021
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 687
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 03-24-2021
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 6
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1374
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 03-24-2021
  • Unit Monthly Rent: $1,250
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 6
  • Unit Occupied By: Vacant

Property History for 162 South Colony Street

DateEvent & SourcePriceAppreciation
Jun 17, 2021

Closed (Public Record)

Public Record #1465041346

$510,000

+6.0% / yr

Sep 16, 1991

Closed (Public Record)

Public Record #92462707

$88,834—
DateEvent & SourcePrice
06/17/2021

Closed (Public Record)

Public Record #1465041346

$510,000

+6.0% / yr

09/16/1991

Closed (Public Record)

Public Record #92462707

$88,834

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 162 South Colony Street

Taxable ValueLand$59,100Additions$384,700Total$443,800
Tax Record2025$10,704 ($892 / month)
Home Facts
Lot Size6,098 SqFtStyleMulti-Family Dwelling (2-4)ZoningCA12CountySOUTH CENTRAL CONNECTICUAPNWALL M:133 L:382

Schools near 162 South Colony Street

This home is within Wallingford School District.
Rating
School
Type
Grades
Distance
Moses Y. Beach School
Public - PK to 2
Rock Hill School
Public - 3 to 5
Dag Hammarskjold Middle School
Public - 6 to 8
Lyman Hall High School
Public - 9 to 12
Rating
School
Distance
Moses Y. Beach School
PublicPK to 2

Rock Hill School
Public3 to 5

Dag Hammarskjold Middle School
Public6 to 8

Lyman Hall High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 162 South Colony Street, Wallingford, CT 06492
$510,000
12
3,554
6,098
148 South Colony Street, Wallingford, CT 06492
$85,000
–
–
5,445
–
14 Franklin Street, Wallingford, CT 06492
$340,000
6
3,161
6,534
9 Franklin Street, Wallingford, CT 06492
$68,000
4
2.5
1,632
5,663
13 Franklin Street, Wallingford, CT 06492
$279,000
3
1,496
7,405
22 Franklin Street, Wallingford, CT 06492
$355,000
4
1,997
5,662

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Listing Courtesy of Dan Combs Real Estate, Patrick R Combs

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.