172 Middle Turnpike West
$549,900
3
2
1,600
1,600
$344
Virtual Tour
Description
Investment opportunity ! This property has two buildings located in a high traffic area with great convenient access. Both buildings have been renovated and are currently leased, providing a reliable return on investment of 10% or more. The properties consist of retail, commercial, and residential spaces, catering to a diverse range of tenants and ensuring a steady income stream. Additionally, the corner lot location offers excellent visibility and accessibility, further enhancing the appeal of this...Investment opportunity ! This property has two buildings located in a high traffic area with great convenient access. Both buildings have been renovated and are currently leased, providing a reliable return on investment of 10% or more. The properties consist of retail, commercial, and residential spaces, catering to a diverse range of tenants and ensuring a steady income stream. Additionally, the corner lot location offers excellent visibility and accessibility, further enhancing the appeal of this investment. One of the key advantages of these buildings is the presence of a bus stop on the corner, making it a highly desirable location for both tenants and customers. With leases already in place, investors can benefit from immediate cash flow and the security of long-term tenancy agreements. This stability, combined with the potential for future rental growth, makes these buildings an attractive proposition for those seeking a reliable and lucrative investment opportunity. We invite you to explore this opportunity further and discover the potential for substantial returns in a prime location. Property is comprised of (2) Buildings: 1. 172-174 Middle Tpke West Manchester (1) Retail Store and (1) 2 Bedroom Apartment 2. 10 Essex Street (1) 1 Bedroom remodeled Apartment, (1) Retail Store and (1) Commercial Shop (HVAC Contractor) Property also listed as MLS 24041966
- Listed by Harry Finer • William Raveis Real EstateP: (860)-882-4911 C: (860)-882-4911 harry.finer@raveis.com
Property Details for 172 Middle Turnpike West
Basement Description
None
Direct WaterfrontNo
NeighborhoodWest Side
StyleOther
Garage Parking InfoNone
Swimming PoolNo
LISTING UPDATED: 10/25/2024 02:02 PM
Property Details for 172 Middle Turnpike West
Status | Active |
---|---|
MLS # | 24044312 |
Days on Market | 21 |
Taxes | $5,419 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Other |
Year Built | 1900 |
Lot Size | 0.18 AC / 7,840 SF |
County | Hartford County |
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Building Information for 172 Middle Turnpike West
Stories-Residences2Year Built1900Building Size-Lot Size0.18 AC / 7,840 SF
Property Information for 172 Middle Turnpike West
Property History for 172 Middle Turnpike West
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 172 Middle Turnpike West
Taxable ValueLand$67,100Additions$73,000Total$140,100
Tax Record2024$5,419 ($452 / month)
Home Facts
Lot Size7,841 SqFtStyleMiscellaneous CommercialZoningB2CountyHARTFORDAPNMANC M:60 B:3960 L:172
Schools near 172 Middle Turnpike West
This home is within Manchester School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | 5 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Waddell School PublicK to 4 | ||
Elisabeth M. Bennet Academy Public5 to 6 | ||
Illing Middle School Public7 to 8 | ||
Manchester High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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