Real Estate
'Cash Cow' Mooves Onto Manchester Housing Market
A Main Street investment property has hit the market in Manchester.
MANCHESTER, CT — A Main Street investment property has hit the market in Manchester. See the listing below:
- Address: 89 Main St, Manchester, Connecticut
- Price: $249,900
- Square Feet: 2512
- Bedrooms: 7
- Bathrooms: 3 Baths
- Built: 1889
- Features: This cash cow needs the finishing touches on the third floor to maximize rental income, 1000 square ft of living space has 12+ft ceilings, Separate electrical panel and all wire run throughout. Fully framed, plumbing roughed in and sheetrock already included. This could be an owners unit because it has already passed zoning with parking accommodations and now recorded in the town hall as a three family. Newer exterior and interior electrical service, 200 amp four gang electrical meters with separate owners panel, all common area, and exterior lights are automated and come at night. Both units fully occupied with long tenure tenants, they have both occupied the property for over three years. Each unit has a newer high efficiency forced gas hot air furnace, and newer water heaters. The concrete driveway is stunning and the exterior siding, deck, and windows are all newer. This property is a staple in the community and is unique because of the ability to go either commercial or residential and have your investment property that pays your mortgage and more. Broker owner.
This listing originally appeared on realtor.com. For more information and photos, click here.
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