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56 School, Manchester, CT 06040
   
56 School, Manchester, CT 06040
4 Units   |   5 Beds   |   4 Baths   |   2984 Sqft

$499,900
6 Days on Market - Under Deposit


Located in the heart of manchester, this 4 unit multi-family home offers an excellent investment opportunity in a highly sought-after area. with its prime location, spacious layout, and strong rental potential, this property is ideal for investors seeking steady cash flow and long-term appreciation. this property enjoys easy access to parks, shopping centers, and major transportation routes, ensuring convenience for residents and attracting quality tenants. with 2 driveways the dedicated off-street parking spaces for residents, ensures convenience and peace of mind. meticulously maintained both inside and out, this property showcases pride of ownership and presents minimal upkeep for future owners. all units fully leased with potential for rental rate increases in the future. don't miss out on this exceptional opportunity to establish yourself in manchester's thriving real estate market. detached garage in need of some repair. can produce additional income. seller willing to remove garage upon buyer request.

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Details
  • 0.24 Acres
  • Built in 1886

Additional Details
  • 4-Unit Side-by-Side
  • 0 Fireplaces

Location
  • City Views

Utilities
  • Baseboard, Heater (Other)
  • Electric
  • Public Water
  • Public Sewers

Taxes
  • $210,400 Assessment
  • 37.20 Mill Rate
  • $7,827 Taxes

Schools
  • Per Board of Ed Elementary
  • Manchester High

Source
  • CT Smart MLS
  • MLS ID 24012176

Real Estate Agent


Map of 56 School, Manchester, CT 06040

Directions to 56 School, Manchester, CT 06040


Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 7.02%   |   Purchase: $499,900   |   Downpayment @ 3.50%: $17,497

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$3,868


Monthly Cost Estimate: $3,868
  • Mortgage: $3,216
  • Taxes: $652
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $46,418
  • Mortgage: $38,591
  • Taxes: $7,827
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $1,410,039
  • Mortgage: $1,157,733
  • Taxes: $234,810
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $17,497

Go To Mortgage Calculator


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This real estate listing for sale at 56 School has 5 bedrooms, 4 bathrooms, and was built in 1886. It is located in the Manchester, CT area with the 06040 zip code. For more info about the property at 56 School, Manchester, CT 06040 or if you would like to schedule a showing, please contact the listing agent above.

Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.