85-87 Spruce Street, Manchester, CT 06040
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$ 674,900
Est. payment | /mo

8 Beds

4 Baths

4,563 SqFt


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$ 674,900
Est. payment | /mo
Save

8 Beds

4 Baths

4,563 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,563 sqft

Price per Sqft $147

MLS Listing ID 24191138

Style Units on different Floors

Bedrooms 8

Full Baths 4

Year Built 1914

Annual Tax Amount $9,047

Lot Size 0.260 Acres

Property Sub-Type 4 Family

Property Description

Exceptional investment opportunity! Well-maintained 4-family offering 4,563 sq. ft. 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 $55,000 in recent improvements include updated apartments, renovated bathrooms and 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. A turnkey investment with immediate income and long-term upside. (Profesional pictures will be updated by weekend)

Location

State CT

County Hartford

Zoning RB

Rooms

Basement Full, Unfinished

Interior

Heating Hot Air

Cooling None

Exterior

Exterior Feature Balcony, Gutters, Garden Area

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Lightly Wooded, Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Manchester

Listed by Marianne Smith • Century 21 AllPoints Realty

Schools and Properties Nearby

Learn More About LPT Realty

Anita Chu
Anita Chu

REALTOR®, ABR®, C2EX, AHWD | License ID: RES.0822482

+1(860) 909-5996 | anitahomect@gmail.com

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85-87 Spruce Street