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The Finer Team of William Raveis Real Estate
86 Birch St, Manchester, CT 06040
- $549,900
- 8
- BD
- 5
- BA
- 4,283
- SqFt
- List Price
- $549,900
- Status
- ACTIVE
- MLS#
- 24217847
- Year Built
- 1860
- Style
- Other
- Bedrooms
- 8
- Bathrooms
- 5
- Acres
- 0.25
- Living Area
- 4,283
- Neighborhood
- N/A
Property 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.
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Additional Information
- Taxes
- $8,831
- Lot Size
- 10,890
- Heating
- Hot Water
- Cooling System Type
- None
- Water Source
- Public
- Basement
- Full
- Exterior Features
- Sidewalk
- Garage Spaces
- 4
- Elementary School
- Per Board of Ed
- High School
- Manchester
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Listing courtesy of Jeffrey Rothman from eXp Realty. (860) 985-5388 (866) 828-3951
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