62-64 East Street

About Property

This 2 family home has been family owned for many decades and offers extremely attractive curb appeal. It's late owner gutted the entire 1st floor, but never was able to finish its intended remodel. The 1st floor has a desirable floor plan with a huge kitchen, a living room, and 2 bedrooms. There 2 small areas off the kitchen that are ideal for a bathroom with laundry. Most rooms have hardwood floors. The 2nd floor is ready to be rented. The second floor can be combined with the 3rd floor to make a large muti level apartment. The attic will need to be remodeled and heated, but this space offers endless possibilites. Both apartments have a private front porch. The home has 2 natural gas Weil-McLain furnaces. The roof and driveway were replaced in 2016. The home needs new wiring and electric services. There's a spacious detached 2 car garage that can bring in additional income. The home is situated on a large, level, corner lot and is located across the street from a park. Downtown Wallingford, with its many restaurants and bars is within walking distance or a short drive away. The new owner and/or the future tenants will benefit from Wallingford's afforable electricity provided by the town's own electric company. The home is being sold "as-is" and WILL ONLY QUALIFY FOR A REHAB LOAN or CASH. The home's income potential is spectacular.
Listed by Century 21 AllPoints Realty, Pamela Savejs. Data sourced from SmartMLS