Manchester, CT 06040,70 Wells St

$290,000

$339,000

14.5%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

3,600 SqFt


SOLD DATE : 08/24/2021

Key Details

Sold Price $290,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $80

MLS Listing ID 170321850

Sold Date 08/24/21

Style 4updown - Unit(s) per Floor

Bedrooms 8

Full Baths 4

Year Built 1916

Annual Tax Amount $6,389

Lot Size 0.340 Acres

Property Description

This updated four family home is a money making machine. Monthly profit is huge!! It would work great as a pure investment and would also be perfect for an owner occupied dweller. There are four separate identical two bedroom units. Each unit has its own washer and dryer (which for second floor units is located in the basement). Second floor units have private front decks. Unfinished attic with large double staircase is humungous with potential. Electrical boxes just updated for entire home. Water heaters newer (two just replaced). All units have separate utilities. Large parking area in the rear. Plenty of storage space in the basement! Rents are $1,000 per unit for a monthly gross of $4,000. There is a potential here to net almost $1,500 a month with only 20% down. Get in the game while interests rates are at record lows!!

Location

State CT

County Hartford

Zoning 1

Rooms

Basement Full With Hatchway

Interior

Heating Gas on Gas

Cooling None

Exterior

Exterior Feature Covered Deck

Garage Driveway

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Manchester

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Listed by Kristen Silver • Berkshire Hathaway NE Prop.
Bought with Mateusz Mikunda • Agnelli Real Estate

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Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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