86 Birch Street

Manchester CT 06040

4283 sq. ft.

0.25 ac.

Multi-Family

Currently for sale - view listing

Overview

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.