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Wolcott Rental Property Fetches $950K

A 12-unit multifamily property at 1845 Meriden Road in Wolcott has sold for $950,000.

The Hitchcock Lake Apartments contain 12 condominiums currently being operated as rental units, and were fully occupied at the time of sale.

Property records list the buyers as Claudio and Sharon Perugini and the seller as Perugini Property Management.

The 13,350-square-foot building is located on a 0.7-acre lot and units range from 700 to 757 square feet.

Ralph L. Calabrese of R. Calabrese Agency brokered the transaction.