**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
66 days
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17
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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#: 24182827
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 4
Full bathrooms: 4
Heating
Baseboard, Oil
Cooling
Ceiling Fan(s)
Appliances
Included: Water Heater, Electric Water Heater
Features
Basement: None
Attic: None
Has fireplace: No
Interior area
Total structure area: 3,840
Total interior livable area: 3,840 sqft
Finished area above ground: 3,840
Property
Features
Has view: Yes
View description: City
Lot
Size: 0.31 Acres
Features: Level
Details
Parcel number: 2423097
Zoning: RB
Construction
Type & style
Home type: MultiFamily
Architectural style: Units are Side-by-Side,4sides - Units Are Side-by-Side