172 Middle Turnpike West

Manchester, CT 06040

$549,900
Price
3
Beds
2
Baths
1,600 Sq. Ft.
$344 / Sq. Ft.
1,600
Sq. Ft.
$344
per Sq. Ft.

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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
  1. Listed by Harry Finer • William Raveis Real Estate
    P: (860)-882-4911 C: (860)-882-4911 harry.finer@raveis.com

Property Details for 172 Middle Turnpike West

Basement Description
None
Direct Waterfront
No
Neighborhood
West Side
Style
Other
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 10/25/2024 02:02 PM

Property Details for 172 Middle Turnpike West

StatusActive
MLS #24044312
Days on Market41
Taxes$5,419 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Other
Year Built1900
Lot Size0.18 AC / 7,840 SF
CountyHartford 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

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Middle Tpke West
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.782404
  • Longitude: -72.531401
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $5,419
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard, Radiator, Other
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Other
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle, Other
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Corner Lot
  • Parcel Number: 2132783
  • Sq Ft Est Heated Above Grade: 1600.0
  • Sq Ft Total: 1600.0
  • Zoning: B2
Utilities
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Other
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 0
Unit 1
  • Listing Key: 214FC640B248DAFEE063D501100A62E9
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 09-10-2024
  • Unit Num Bedrms: 2
Unit 2
  • Listing Key: 214FC640B248DAFEE063D501100A62E9
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 09-10-2024
  • Unit Num Bedrms: 1

Property History for 172 Middle Turnpike West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
Waddell School
Public - K to 4
Elisabeth M. Bennet Academy
Public - 5 to 6
Illing Middle School
Public - 7 to 8
Manchester High School
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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More information about 172 Middle Turnpike West, Manchester, CT 06040

172 Middle Turnpike West is a multi-family home for sale in Manchester, CT 06040. This property was listed for sale on August 27, 2024 by William Raveis Real Estate, it's currently listed at $549,900. It has been on the market for a total of 41 days and was last sold on March 31, 2021. This listing's school district is Manchester School District. Nearby schools include Waddell School, Elisabeth M. Bennet Academy and Illing Middle School. 172 Middle Turnpike West is a 3-bed, 2-bath, 1,600 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Raveis Real Estate, Harry Finer

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.