$1,499,000
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21 81 Ridgeland RD, Wallingford, CT 06492

32 Beds
16 Baths
12,672 Sq Ft

** INVESTORS TAKE NOTICE ** You are buying a portfolio of 4 buildings with a total of 16 units. i.e. 21, 41, 61, and 81 Ridgeland Rd. All 16 units are currently rented. (The property is being sold as a package; so, please don't ask if the owner will sell them separately). Each building has 4 units. Each unit is a townhouse style design. Each unit has a separate entrance, a kitchen, a living room, 2 bedrooms, a full bathroom, and a full basement. Each unit is heated by oil hot water baseboard; further, each unit has it's own oil fired boiler and oil tank. Each unit also has its own electric meter. There is 1 water meter per building. The cost of the water is apportioned equally among the tenants who live in each building. In essence, the tenants pay their own oil, electric, and water. All 4 properties are located in a long established PUD; however, there is no monthly HOA fee. The development is located in a quiet suburban location that's close to highways, shopping, and schools. With a little effort on cosmetics, you could achieve over a 10% CAP rate.

  • MLS# 170420710
  • Date Listed07/22/2021
  • Bedrooms 32
  • Bathrooms 16 Full baths
  • Lot Size 2.36 acres (102,802 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County New Haven
  • Year Built 1952
  • Water Public
  • Square Feet 12,672 sq. ft
  • Price Per Sq. Ft $118.29

Interior Features

  • Appliances Electric Water Heater
  • Cooling None
  • Heating Oil, Hot Water

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres 2.36
  • Lot Size SQFT 102,801.60
  • Lot Features -

Financial Considerations

  • Tax Amount $20,372
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CT / 06492

Source: Walkscore

47/100

Car-Dependent

Walk Score ®

51/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 4/100, Bike Score: 21/100.

Points of Interest near 21 81 Ridgeland Rd, Wallingford, CT 06492

Frequently Asked Questions for 21 81 Ridgeland Rd

Source: Realty.com

21 81 Ridgeland Rd, Wallingford, CT 06492 is a Multi Family, Residential Income property listed for $1,499,000 The property is 12672 sq. ft with 32 bedrooms and 16 bathrooms

Realty.com has 35 photos of 21 81 Ridgeland Rd.

Our records indicate that 21 81 Ridgeland Rd was built in 1952.

The full address for this home is 21 81 Ridgeland Rd, Wallingford, CT 06492.

21 81 Ridgeland Rd has been listed on Realty.com since Thu July 22, 2021

Most errands require a car. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 4/100, Bike Score: 21/100.

There are 3 schools assigned to this home. Check out the schools near 21 81 Ridgeland Rd. Highland School (Grades: PK - 2), Parker Farms School (Grades: 3 - 5), Mark T. Sheehan High School (Grades: 9 - 12)

Listing provided courtesy of: Clermont Real Estate (tel: 203-675-6902)
Listing agent: Kevin Danby (tel: 203-675-6902) (#DANBYKE)

This content last refreshed on 2026-02-01 20:07:39. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 21 81 Ridgeland Rd, Wallingford, CT 06492 : MLS# 170420710