Two mid-century apartment buildings for sale in Wallingford

reporter photo

WALLINGFORD — Wharton Arms and Parsons Manor, two mid-century apartment buildings that share the same property management, are for sale. 

Wharton Arms, 286 S. Elm St., has an asking price of $3,470,000. Built in 1965, the property consists of three two-story buildings with a total of 25 two-bedroom units that have one and a half bathrooms. 

According to town land records, the net total appraised parcel value is $1,273,900. 

The exteriors are brick veneer with wood truss roofs covered in asphalt. Other features include air conditioning and carpeted floors.

Parsons Manor, 24 Parsons St., has an asking price of $1,595,000. Built in 1964, it’s a two-story building with 12 two-bedroom units that have one bathroom each. Parsons Street is located off South Colony Road (Route 5).

The net total appraised parcel value is $790,600. 

The building has brick veneer exteriors and a flat roof with a tar and gravel cover.

Every apartment has washer and dryer hookups, air conditioning and carpeted floors.

Northeast Private Client Group, a real estate investment group, is managing the sale. Representatives were unavailable for comment.


Twitter: @LCTakores

With local school, politics and coronavirus news being more important now than ever, please help our newsroom deliver the coverage you deserve. Please support Local news.

More From This Section