1105 Northrop Road, Wallingford, CT 06492 (MLS # 24201580)

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PRICE $699,000 BEDS 3 BATHS 2 HOME SIZE 2,089 sqft LOT SIZE 1.75 ac

Unique Property with Income & Multi-Generational Potential! Opportunity awaits at this truly unique property situated on 1.75 acres in mixed use area. Private setting with peaceful pond, offering a versatile combination of residential and commercial space. The property features a main residence plus a separate commercial building, currently rented to a month-to-month tenant, providing immediate income potential. The main residence offers a flexible layout that could work beautifully for multi-generational living, with separate entrances, and two separate kitchen areas & living spaces, allowing for privacy while remaining under one roof. Some updates have already been completed, including one yr. old furnace and water heater & newer mini splits, while the well and septic were installed approx. 10 years ago. The separate commercial building which was recently renovated- roof 1 year old and windows & vinyl siding under 10 years old, has a generous floor plan and offers its own parking area and opens the door to a variety of possibilities for an investor, business owner, or buyer looking for a property that combines living space with income-producing potential. With 1.75 acres, residential & commercial components, an existing tenant, and highly adaptable layout, the possibilities here are truly endless. A rare opportunity for the buyer with vision! The commercial building has a long standing tenant who would like to stay. In the past it was a preschool. See related MLS#24201886 The residential property offers great flexibility. Originally designed as a single-family home, it is currently configured with two separate living areas, each with its own entrance, kitchen area, and living spaces.