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Sold for $475,000
  • $475,000

    56 School Street, Manchester, CT 06040

    5beds
    2,984sqft
    Multi Family
    Built in 1886
    -- sqft lot
    $492,500 Zestimate®
    $159/sqft
    $2,218 Estimated rent

    Home value

    $492,500

    $438,000 - $552,000

    $2,218/mo

    Zestimate® history
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    $2,218/mo

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    $3,370/mo

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: October 01, 2024 at 01:00am

    Listed by:

    BROOKE TEAM AT EXP REALTY,

    Nicola DeLuca 860-716-5688,

    eXp Realty 866-828-3951

    Bought with:

    Andi J. Laemmel, RES.0805667

    eXp Realty

    Source: Smart MLS,MLS#: 24012176MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Other, Electric
    Cooling
    • None
    Appliances
    • Included: Water Heater
    Features
    • Smart Thermostat
    • Basement: Partial
    • Attic: Partially Finished,Walk-up
    • Has fireplace: No
    Interior area
    • Total structure area: 2,984
    • Total interior livable area: 2,984 sqft
    • Finished area above ground: 2,984

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: Exterior Curb Cuts
    Features
    • Exterior features: Sidewalk
    • Has view: Yes
    • View description: City
    Lot
    • Size: 10,454 sqft
    Details
    • Parcel number: 2137024
    • Zoning: RC

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4sides - Units Are Side-by-Side
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1886

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Golf, Health Club, Library, Park, Pool, Shopping/Mall
    Location
    • Region: Manchester

    Price history

    DateEventPrice
    9/5/2024Sold$475,000-5%$159/sqft
    Source: Smart MLS #24012176 Report a problem
    7/24/2024Pending sale$499,900$168/sqft
    Source: Smart MLS #24012176 Report a problem
    7/17/2024Listed for sale$499,900$168/sqft
    Source: Smart MLS #24012176 Report a problem
    5/28/2024Listing removed--
    Source: Smart MLS #24012176 Report a problem
    5/10/2024Pending sale$499,900$168/sqft
    Source: Smart MLS #24012176 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Eastside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Manchester

    Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $492,500
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    +$9,850
    With Zillow Showcase(estimated)
    $502,350