Manchester, CT 06040,215 Center Street
$240,000
$244,900
2.0%
Est.Price: ?

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4,228 SqFt

215 Center Street Manchester, CT 06040

Est. payment /mo
SOLD DATE : 09/23/2021

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Key Details

Sold Price $240,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,228 sqft

Price per Sqft $56

MLS Listing ID 170381324

Sold Date 09/23/21

Year Built 1920

Annual Tax Amount $8,818

Lot Size 7,840 Sqft

Property Description

A super opportunity for the business minded individual. Really impressive income on this Rooming House with 12 units PLUS a 1 bedroom unit AND a store front. All at an incredible price compared to what a simple 2, 3 or 4 family is selling for in Town. Second generation Owner is listing for an incredibly reasonable price given these buildings are far and few between and can no longer be established in Town. Many very long term tenants reside here and have been here for decades. The property is located in the center of Town, on a bus line, and walking distance to shopping and dining establishments. Three car detached garage for added income. Shared kitchen for rooming house tenants, along with 3 bathrooms. Heat, hot water & electric are all paid for by the owner and included in rental price for the rooming house tenants. The store and 1 BR unit pay some of their own utilities. Fire Marshal inspections done annually and all up to code. Ask your agent to see the income vs expenses worksheet and the floor plans. Financing for a rooming house or proof of funds to pay with cash should be firmly in place prior to viewing this property as there are multiple tenants.

Location

State CT

County Hartford

Zoning B2

Interior

Heating Steam

Cooling None

Exterior

Parking Features Detached Garage

Utilities Available Gas

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Kurt M. Potter • Re/Max Right Choice
Bought with Jody Bonaiuto • William Raveis Real Estate

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Linda O'Hara

Linda's Team | License ID: CT: 63231 & FL: 3458431

+1(860) 209-7044

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