18 Arch Street, Manchester, CT 06040
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
18 Arch Street,Manchester, CT 06040
$700,000
- 10 Beds
- 4 Baths
- 3,840 sq. ft.
- Multi-family
- Pending
Listed by: mustafa muaremi(860) 877-4682
Office: coldwell banker realty(860) 674-0300
MLS#:24182827
Source:CT
Price summary
- Price:$700,000
- Price per sq. ft.:$182.29
About this home
**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...
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Home facts
- Year built:1919
- Listing ID #:24182827
- Added:100 day(s) ago
- Updated:September 20, 2026 at 07:35 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:28
- Living area:3,840 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans
- Heating:Baseboard
Structure and exterior
- Roof:Gable, Shingle
- Year built:1919
- Building area:3,840 sq. ft.
- Lot area:0.31 Acres
- Lot Features:City Views, Level Lot
- Architectural Style:Units are Side-by-Side
- Construction Materials:Aluminium
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$182.29
- Tax amount:$8,717 (July 2026-June 2027)
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