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SOLD
$450,000
Date 01/07/2022

489 Middle East Turnpike
Manchester, CT 06040

Multi-Family
Residential
4,424
Sq. Ft.
0.09
Acre Lot
Courtesy: Arthur E. Rose - Coldwell Banker Realty
Agent Websites> Connecticut> Manchester> 06040
Great Investment Opportunity to own a income producing Commercial/Residential property centrally located with excellent foot traffic and visibility. Upper level consists of 3 spacious 1, 2 and 3 bedroom apartments, fully rented on a month to month with separate utilities. Main level offers a 11 year tenant with well established pizza restaurant. Roof approx. 11 years old, updated electric, new chimney liner, newly installed AC system at 1st floor. Gross Income of $58,800, Expenses- $13,064, NOI-$45,736 with a cap rate of 9.5%. Much more potential as rents are below market. Don't miss out on this great opportunity and schedule a private tour TODAY! Also listed as a commercial building Ref: MLS # 170433240
170433252
Multi-Family, Other
Hartford
1898
0.09 Acres
Public Water Connected
Vinyl siding
Public Sewer Connected
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Courtesy: Arthur E. Rose - Coldwell Banker Realty
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This content last refreshed on 5/8/2024 7:04 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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