124 Hammond Court
Colchester, Connecticut 06415
- Beds
- 4
- Baths
- 4
- SqFt
- 1,892
- Acres
- 0.24
- Year Built
- 1920
- Property Type
- 4 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
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.
Key Facts
- City/Town
- Colchester
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1920
- Days on Market
- 0 days
- Beds
- 4
- Baths
- 4 full
- Living Area
- 1,892 sq ft
- Lot Size
- 0.24 acres
- Garage / Parking
- 8 total
- Property Taxes
- $4,688 / Annually
Market Snapshot
The Colchester Market
Multi-Family · trailing 12 months
Active Listings
4
Colchester inventory
Median List Price
$487,000
4 active listings
Median Closed Price
$520,000
1 sale
Median Days on Market
56
4 active listings
Median $ / Sq Ft
$236
4 active listings
Sale-to-List Ratio
92.9%
1 sale
How this home compares
List Price
$455,000
vs $487,000 median
6.6% below median
Price / Sq Ft
$240
vs $236 median
In line with median
Days on Market
0 days
vs 56 days median
56 days fresher than median
Based on 4 active and 1 closed sales (trailing 12 mo) of multi-family in Colchester. Source: SmartMLS · As of August 9, 2026.
Location
124 Hammond Court, Colchester, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 6, 2026per month
- Principal & Interest$2,346
- Property Taxes$391
- Insurance$152
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Colchester
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- Quadruplex
- Style
- Units on different Floors
- Year Built
- 1920
- New Construction
- No/Resale
- Living Area
- 1,892 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Water
- Heat Fuel
- Oil
- Cooling
- None
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.24 acres
- Zoning
- TC
- Garage / Parking
- 8 total parking spacesOff Street Parking
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- SecludedOn Cul-De-Sac
Listing & Financials
- Property Taxes
- $4,688 / Annually
- Days on Market
- 0
- MLS #
- 24197919
- MLS Status
- Active
Similar Properties
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 8/9/2026. 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 8/9/2026 at 10:10 AM UTC.