18 Arch St, Manchester, CT

Name: 18 Arch St, Other in Manchester - Zoocasa
Brand: Coldwell Banker Realty
SKU: 24182827
Price: 700000 USD

House

Other

Listed price in listed location currency (USD).

$700,000

1040

MLS® 24182827

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size 3840 sqft

Garage

Taxes $8,466

Days Active 12

Lot Size 0.31 Acres

Approx. Age 1919

Avg. Price Per Sqft $182

MLS® Number 24182827

Property Address: 18 Arch St, Manchester, CT, 06040-4930

Average square foot calculated using Size range provided by listing agent.

Description

**BEST AND FINAL by Wednesday 12 pm**....Opportunity knocks in Manchester. Tucked away in a private, wooded setting yet minutes from I-384, I-84, Buckland Hills, and downtown amenities, 18-24 Arch Street offers a rare chance to acquire a fully occupied 4-family with strong rental history and immediate income. The building features four spacious units - a desirable mix of 2 and 3-bedroom layouts showcasing hardwood floors, updated kitchens, generous room sizes, and abundant natural light. Several units offer oversized living spaces, dedicated storage, covered porches, and unique bonus areas that appeal to long-term tenants. Separate gas, oil and electric meters for all units. Large paved parking area provides convenience rarely found in properties of this size. Set on a secluded lot bordered by mature trees, the property delivers privacy while remaining close to everything Manchester has to offer. Current gross rent: $7, 385/mo | $88, 620 annually | 9% cap rate | All 4 leases in place through 2027-2028. Strong occupancy, well-maintained living spaces, and stable collections make this an attractive addition for seasoned investors and those looking to expand their portfolio. Properties with in-place cash flow, tenant-friendly layouts, and a private wooded setting rarely become available in this market. A compelling turnkey opportunity in a high-demand Hartford County rental corridor. More pictures coming soon

MLS® Number24182827

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1919

BasementNone

Driveway

Garage Spaces

HeatOil, Baseboard

A/CCeiling Fans

Extras

Map

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