203 Center Street

Manchester, Connecticut 06040

Status
Sale Pending
Square Feet
4,104
Beds
8
Price
$699,888
Type
Multi-Family For Sale
Garages
5
Baths
5
MLS
24142547

Price

$699,888

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Interior Details

Interior Size
4,104 Sq Ft
Bedrooms
8
Bathrooms
5
Rooms Total
Garage
5

Exterior Details

Lot Size
0.14 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Ceiling Fans

Other Information

Property Tax
$8,064
Assessed Value
$202,500
Elementary School
Verplanck
Middle School
Per Board of Ed
High School
Manchester

About Property

This rare opportunity offers a fully occupied 5-unit multifamily property in the heart of downtown Manchester. Three units feature one bedroom, 1 unit has 2 bedrooms, and the other unit has 3 bedrooms, all with one bathroom...making it ideal for steady rental income in a highly desirable area. This property is conveniently close to major bus lines, the location provides easy access to shopping, dining, and public transportation, which tenants love. The property has undergone recent updates, including new roof, positioning it well for long-term stability. Five separately rented garage bays also comes with this property, providing rare, high-margin auxiliary income. Additionally included in the sale is an approved building lot zoned for a 4-family (207 Center Street). This is a strong investment opportunity for buyers looking to expand their portfolio. Property to be sold "AS IS."
Listed by William Raveis Real Estate, Nichole Currie-Baribault. Data sourced from SmartMLS

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