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9 Allen Road

Cromwell, Connecticut 06416

ACTIVE$460,000
Beds
6
Baths
3
SqFt
2,698
Acres
0.49
Year Built
1800
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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About This Home

Value-Add Investment Opportunity in Cromwell! Calling all investors, contractors, and rehab buyers! Welcome to 9 Allen Road, a historic 3-family multi-family home built in 1800, offering immense potential. With a spacious layout totaling 2,698 square feet of living space, this property features 6 bedrooms and 3 full baths distributed across 3 units (each with its own kitchen). Situated on a level 0.49-acre lot, the property benefits from highly desirable public water and public sewer connections. Notable mechanical updates include a 200-Amp electrical service upgrade (2017) and a newer architectural shingle roof (2018). The property does require significant work and is ready for your sweat equity or a complete renovation to maximize its rental yield. Perfect for a rehab loan, portfolio lender, or cash transaction looking to add a strong cash-flowing asset to their portfolio. Listing Status: Sold AS-IS, WHERE-IS. Financing: May not qualify for conventional financing on the basis to condition; cash, hard money, or rehab loans (like FHA 203k) are highly recommended. Special Condition: All offers must include the As-Is Addendum to be considered. Bring your vision and restore this historic multi-family to its full potential!

Key Facts

City/Town
Cromwell
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors,Units are Side-by-Side
Year Built
1800
Days on Market
11 days
Beds
6
Baths
3 full
Living Area
2,698 sq ft
Lot Size
0.49 acres
Property Taxes
$5,916 / Annually

Market Snapshot

The Cromwell Market

Multi-Family · trailing 12 months

Median Days on Market

13

2 active listings

Median $ / Sq Ft

$179

2 active listings

Sale-to-List Ratio

106.6%

4 sales

How this home compares

List Price

$460,000

vs $492,450 median

6.6% below median

Price / Sq Ft

$170

vs $179 median

5.0% below median

Days on Market

11 days

vs 13 days median

2 days fresher than median

Based on 2 active and 4 closed sales (trailing 12 mo) of multi-family in Cromwell. Source: SmartMLS · As of July 28, 2026.

Location

9 Allen Road, Cromwell, Connecticut

Property + 4 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,991

per month

  • Principal & Interest$2,345
  • Property Taxes$493
  • Insurance$153
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Cromwell
Neighborhood
N/A
County
Middlesex

Residence

Property Type
Multi-Family
Subtype
3 Family
Style
Units on different Floors,Units are Side-by-Side
Year Built
1800
New Construction
No/Resale
Living Area
2,698 sq ft

Schools

Elementary
Per Board of Ed
High
Cromwell

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
None
Basement
FullFull With Hatchway

Exterior & Lot

Lot Size
0.49 acres
Zoning
R-15
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Aluminum
Roof
Asphalt Shingle
Foundation
Stone
Exterior Features
Shed
Lot Description
Level Lot

Listing & Financials

Property Taxes
$5,916 / Annually
Days on Market
11
MLS #
24192280
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Seth Winkleman

(860) 985-5816

Berkshire Hathaway NE Prop.

(860) 677-4949

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 4:25 AM UTC.