Completely rebuilt in 2014 and thoughtfully enhanced since, this stunning two-family Colonial sits in the heart of Wallingford Center-just steps from Choate Rosemary Hall, downtown shops, restaurants, and the train station. Offering nearly 3,000 sq ft of finished living space across two spacious units, the property blends timeless character with high-end modern finishes. Currently used as a multi-generational household, it also presents exceptional value as an income-producing investment. One unit features 3 bedrooms and 2.5 baths, including a primary suite with walk-in closet and full bath, granite kitchen counters, coffered ceilings, 9 ft ceilings, and access to a private stone patio. The other unit, includes 2 bedrooms and 1.5 baths with a fully updated kitchen and full bathroom remodeled in 2023, and open-concept layout. Hardwood floors throughout, high-end appliances, central air, and washer/dryer hookups in both units. ALL major systems: roof, siding, windows (Anderson), electrical, plumbing, and HVAC-were replaced during the 2014 rebuild. In 2024, the 0.27-acre lot was professionally landscaped ($25,000 investment) and enclosed with a new privacy fence. A detached, two-story 575 sq ft garage/outbuilding with loft provides valuable additional space. Whether for multi-generational living, owner-occupancy with supplemental rental income, or full investment use, this property delivers exceptional flexibility and long-term value.