Coming Soon

$674,900 ($147.91 per sqft)

Coming Soon

Est. Mortgage $3,324/mo *

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Listing courtesy of Marianne Smith (860) 995-5637, Century 21 AllPoints Realty (860) 263-2121

85-87 Spruce Street, Manchester, CT, 06040

85-87 Spruce Street, Manchester, CT, 06040
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25 rooms

8 beds

4 Full baths

1914

Units on different Floors

4,563 sqft

Exceptional investment opportunity! Well-maintained 4-family offering 4,563 sq. ft. 21 Rms. 13 Brms.with a 3-car garage in a neighborhood undergoing revitalization. Conveniently located near Charter Oak Park, tennis courts, schools, shopping, public transportation, and just minutes from downtown. Current rents are below market, providing excellent value-add potential and the opportunity to increase future cash flow. The 3-car garage offers additional income potential. Approximately $45,000 in recent improvements include updated apartments, renovated bathrooms and 3 kitchens, new fire-rated doors, updated appliances, exterior powerwashing, freshly painted garage and entry doors, and a water heater replaced at the end of 2024. 3 gas and 1 oil heat. This is a turnkey investment with immediate income and long-term upside. (Profesional pictures will be updated by weekend)

Status:

Coming Soon

Type:

Multi-family

Units:

4

Zoning:

RB

Garage:

3-car Covered Garage

Heating:

Hot Air

Cooling:

None

Basement:

Full, Unfinished

Acreage:

0.26

Est. Taxes:

$9,047

Assessment

$227,200

Lot Description:

Lightly Wooded,Level Lot

Elementary School:

Per Board of Ed

High School:

Manchester

MLS #:

24191138

Community Info

School Info

Walk Score

Mass Transit

Yelp

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