1077 Main
Manchester, CT 06040

Property

Ownership: Commercial
Type: Commercial
Bathrooms: 9
Area: 7254 sq ft

Financials

Price:$1,450,000
Annual Taxes:$11,378
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Lani Liu-Helisch of Sovereign Properties

Major renovations have been done within last 12 years.

Description

Major renovations have been done within last 12 years. The roof, all windows, heating system, fire alarm system, 10 of 11 apartment units have been updated, including plumbing, electrical. Downtown Manchester, near by Manchester new library. Most residential tenants are in yearly renewal lease. The commercial tenant lease ends in 2028 (commercial tenant pays own water & sewer), with option to extend. Landlord pays for heat, cold & hot water, sewer, real tax, trash & Insurance. Current rents are below market value. Very stable tenants. Mixed use building consists 11 unit apartments ( 3 studio , 8 one bedroom) and one store front unit.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -
  • Sidewalk
  • Window Unit

Neighborhood

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