$700,000

House for sale Manchester
Property photo number 1 of 12 Photos for Property. File  104510472_29_638aac155e1fe386c7325ae989ac7c9c.jpeg

Overview

SUMMARY: Discover an opportunity with this Manchester house for sale and available for $700,000. This could be your next ideal home or a smart investment. More details await.
**BEST AND FINAL by Wednesday 12 pm**....Opportunity knocks in Manchester. Tucked away in a private, wooded setting yet minutes from I-384, I-84, Buckland Hills, and downtown amenities, 18-24 Arch Street offers a rare chance to acquire a fully occupied 4-family with strong
rental history and immediate income. The building features four spacious units - a desirable mix of 2 and 3-bedroom layouts showcasing hardwood floors, updated kitchens, generous room sizes, and abundant natural light. Several units offer oversized living spaces, dedicated storage, covered porches, and unique bonus areas that appeal to long-term tenants. Separate gas, oil and electric meters for all units. Large paved parking area provides convenience rarely found in properties of this size. Set on a secluded lot bordered by mature trees, the property delivers privacy while remaining close to everything Manchester has to offer. Current gross rent: $7,385/mo $88,620 annually 9% cap rate All 4 leases in place through 2027-2028. Strong occupancy, well-maintained living spaces, and stable collections make this an attractive addition for seasoned investors and those looking to expand their portfolio. Properties with in-place cash flow, tenant-friendly layouts, and a private wooded setting rarely become available in this market. A compelling turnkey opportunity in a high-demand Hartford County rental corridor. More pictures coming soon
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Details

  • Beds: 10
  • Baths: 4
  • Price: $700,000
  • Reference No.: 94353330
  • Area: 3,840 sqft

Location

Marketed by:

  • Mustafa Muaremi
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