Exceptional investment opportunity !
| Website: | https://www.nestseekers.com/5652041 |
|---|---|
| Address: | 85-87 Spruce Manchester, CT 06040 |
| Ownership: | Multi-Family |
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| Type: | Multi-Family |
| Bedrooms: | 13 BR |
| Bathrooms: | 4 |
| Area: | 4563 sq ft |
Financials
Price:$674,900
Annual Taxes:$9,047
Description
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)
Amenities
- Balcony
- Elementary School - Per Board of Ed
- Garden Area
- Gutters
- High School - Manchester
- Intermediate School -
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Marianne Smith of Century 21 AllPoints Realty | |