Manchester, CT 06040,56 School Street

$475,000

$499,900

5.0%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

2,984 SqFt


SOLD DATE : 09/05/2024

Key Details

Sold Price $475,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,984 sqft

Price per Sqft $159

MLS Listing ID 24012176

Sold Date 09/05/24

Style 4sides - Units Are Side-by-Side

Bedrooms 5

Full Baths 4

Year Built 1886

Annual Tax Amount $8,138

Lot Size 10,454 Sqft

Property Description

Located in the heart of Manchester, this 4 unit multi-family home offers an excellent investment opportunity in a highly sought-after area. With its prime location, spacious layout, and strong rental potential, this property is ideal for investors seeking steady cash flow and long-term appreciation. This property enjoys easy access to parks, shopping centers, and major transportation routes, ensuring convenience for residents and attracting quality tenants. With 2 driveways the dedicated off-street parking spaces for residents, ensures convenience and peace of mind. Meticulously maintained both inside and out, this property showcases pride of ownership and presents minimal upkeep for future owners. All units fully leased with potential for rental rate increases in the future. Don't miss out on this exceptional opportunity to establish yourself in Manchester's thriving real estate market. Detached garage in need of some repair. Can produce additional income. Seller willing to remove garage upon buyer request.

Location

State CT

County Hartford

Zoning RC

Rooms

Basement Partial, Partial With Hatchway

Interior

Heating Baseboard, Other

Cooling None

Exterior

Exterior Feature Sidewalk

Garage None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description City Views

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Manchester

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Listed by Nicola DeLuca • eXp Realty
Bought with Andi Laemmel • eXp Realty
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