Classic period detailsEnclosed porchesFramed by mature treesAbundant natural lightClassic stone wallUpdated kitchens and bathsHardwood flooring
**BEST AND FINAL by Wednesday 12 pm**....Set behind a classic stone wall and framed by mature trees, 12-14 Arch Street presents a rare opportunity to acquire a fully occupied 4-family asset combining strong in-place cash flow, timeless New England character, and meaningful upside potential. Generating over $103,000 in annual gross income, the property features an ideal unit mix of two 2-bedroom apartments and two 3-bedroom apartments, providing broad tenant appeal and long-term stability. Each apartment offers spacious layouts, abundant natural light, hardwood flooring, updated kitchens and baths, and the architectural charm that continues to attract quality tenants. Enclosed porches, oversized windows, and classic period details create a living experience that stands apart from typical multifamily offerings. The current ownership includes heat in the rent (newer gas boiler) while tenants are responsible for their own electric and other household utilities. With upcoming lease turnover opportunities, investors have multiple ways to boost returns while keeping strong occupancy. Conveniently located near downtown Manchester, shopping, restaurants, parks, and major commuter routes, It offers the rare combination of immediate cash flow, stable tenancy, and future value add.
66 days
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21
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Zillow last checked:
Listing updated:
Listed by:
Mustafa Muaremi(860)877-4682,
Coldwell Banker Realty860-674-0300
Source: Smart MLS,MLS#: 24182804
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 4
Full bathrooms: 4
Heating
Baseboard, Natural Gas
Cooling
Ceiling Fan(s)
Appliances
Included: Electric Water Heater, Water Heater
Laundry: In Unit
Features
Basement: Full
Attic: Walk-up
Has fireplace: No
Interior area
Total structure area: 4,659
Total interior livable area: 4,659 sqft
Finished area above ground: 4,659
Property
Lot
Size: 0.4 Acres
Features: Level
Details
Parcel number: 2423096
Zoning: RB
Construction
Type & style
Home type: MultiFamily
Architectural style: Units on different Floors,Units are Side-by-Side