50 North Street

Manchester, Connecticut 06042

Status
Sale Pending
Square Feet
4,446
Beds
7
Price
$575,000
Type
Multi-Family For Sale
Garages
4
Baths
5
MLS
24098468

Price

$575,000

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Interior Details

Interior Size
4,446 Sq Ft
Bedrooms
7
Bathrooms
5
Rooms Total
Garage
4

Exterior Details

Lot Size
0.23 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$8,657
Assessed Value
$217,400
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

Great investment opportunity to own a fully occupied 5 family in desirable area of Manchester. This property has had many of the major updates done over the past years. Roof on garage done 2 years ago, both furnaces done for the first floor apartments done in the past 3 to 4 years, and electrical panels have been updated. See Supplements for mechanical ages. It is fully occupied with all tenants in good standing. The rents are below market value. Currently configured and rented as 2 2 bedroom and 3 single bedrooms. With renovations you could make all units 2 bedrooms units and increase yearly rent roll. There is a solid established rent roll with a value add opportunity!!
Listed by Coldwell Banker Realty, Preston Roth. Data sourced from SmartMLS

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