Nest Seekers

Investors ! ! Classic Second Empire 5 family on a corner lot just off Main Street in Manchester, currently grossing 80, 280 year.

86 Birch
Manchester, CT 06040

Listing

Web ID:5828825
Website:https://www.nestseekers.com/5828825

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 8 BR
Bathrooms: 5
Area: 4283 sq ft

Financials

Price:$549,900
Annual Taxes:$8,831

Description

Investors!! Classic Second Empire 5-family on a corner lot just off Main Street in Manchester, currently grossing $80,280/year. The mansard roofline, high ceilings and original window trim give the building real character, and recent updates bring the units up to today's rental standards. Several apartments have renovated kitchens with white shaker cabinets, stainless appliances, gas ranges and dishwashers, plus luxury vinyl plank and refinished hardwood floors. Unit mix: three 1-bedroom, one 2-bedroom and one 3-bedroom. Clear upside: the 3-bedroom rents for $1,200 and the 4-car detached garage offers more income. Each unit has its own electric meter and breaker panel. Gas-fired hydronic heat with cast iron radiators. Full basement with hatchway access and storage. Paved off-street parking. Walk to Main Street shops, dining, the library, parks and bus lines. Fully occupied. A strong addition to any investment portfolio.

Amenities

  • Elementary School - Per Board of Ed
  • Gutters
  • High School - Manchester
  • Intermediate School -
  • Sidewalk
  • Thermopane Windows

Contact

Greenwich, CT
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Phone: +1 203-204-9555
greenwich@nestseekers.com
Listing Courtesy of Jeffrey Rothman of eXp Realty
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