For sale

$455,000

124 Hammond Court, Colchester, CT 06415

4beds

1,892sqft

$3,125/mo

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Multi Family

Built in 1920

-- sqft lot

$449,600 Zestimate^®

$240/sqft

$-- HOA

What's special

Rare investment opportunity in the heart of Colchester! This well-maintained four-family property features four 1-bedroom, 1-bath units, each currently rented at $1,100 per month, providing immediate income with additional upside, as rents are currently below market value. Whether you're looking to expand your investment portfolio or purchase your first multifamily property, this is a fantastic opportunity in a market where multifamily homes are rarely available. Conveniently located near shopping, restaurants, and major commuting routes, this income-producing property offers strong cash flow potential and long-term appreciation.

5 hours

23

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Hot Water, Oil

Cooling

None

Appliances

Included: Water Heater

Features

Basement: Full
Attic: None
Has fireplace: No

Interior area

Total structure area: 1,892
Total interior livable area: 1,892 sqft
Finished area above ground: 1,892

Property

Parking

Total spaces: 8
Parking features: Off Street

Lot

Size: 10,454 Square Feet
Features: Secluded, Cul-De-Sac

Details

Parcel number: 1458371
Zoning: TC

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Colchester

Financial & listing details

Price per square foot: $240/sqft
Tax assessed value: $156,700
Annual tax amount: $4,688
Date on market: 8/9/2026

Estimated market value

$449,600

$427,000 - $472,000

$2,244/mo

Price history

Date	Event	Price
8/9/2026	Listed for sale	$455,000+139.5%$240/sqft
Source: Smart MLS #24197919 Report a problem
3/31/2004	Sold	$190,000$100/sqft
Source: Smart MLS #E141580 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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