Under contract

12 Arch St, Manchester, CT 06040

Beds
10
Baths
4
Sqft
4,659

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Realty
  • 0
  • 0

Overview

**BEST AND FINAL by Wednesday 12 pm**....Set behind a classic stone wall and framed by mature trees, 12-14 Arch Street presents a rare opportunity to acquire a fully occupied 4-family asset combining strong in-place cash flow, timeless New England character, and meaningful upside potential. Generating over $103,000 in annual gross income, the property features an ideal unit mix of two 2-bedroom apartments and two 3-bedroom apartments, providing broad tenant appeal and long-term stability. Each apartment offers spacious layouts, abundant natural light, hardwood flooring, updated kitchens and baths, and the architectural charm that continues to attract quality tenants. Enclosed porches, oversized windows, and classic period details create a living experience that stands apart from typical multifamily offerings. The current ownership includes heat in the rent (newer gas boiler) while tenants are responsible for their own electric and other household utilities. With upcoming lease turnover opportunities, investors have multiple ways to boost returns while keeping strong occupancy. Conveniently located near downtown Manchester, shopping, restaurants, parks, and major commuter routes, It offers the rare combination of immediate cash flow, stable tenancy, and future value add.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
10
Number of bathrooms
4
Square feet
4,659
Lot size (acres)
0.40
Year built
1906

Interior features

Basement
Yes

Exterior features

Horse amenities
Stable

Utilities

Heating
Baseboard
Sewer
Public Sewer
Water
Public Water

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Smart MLS MLS®#: 24182804 Last checked:

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.