85-87 Spruce Street
Manchester, Connecticut

Description:

Exceptional investment opportunity! Well-maintained 4-family offering 4,563 sq. ft. 21 Rms. 13 Brms.with a 3-car garage in a neighborhood undergoing revitalization. Conveniently located near Charter Oak Park, tennis courts, schools, shopping, public transportation, and just minutes from downtown. Current rents are below market, providing excellent value-add potential and the opportunity to increase future cash flow. The 3-car garage offers additional income potential. Approximately $45,000 in recent improvements include updated apartments, renovated bathrooms and 3 kitchens, new fire-rated doors, updated appliances, exterior powerwashing, freshly painted garage and entry doors, and a water heater replaced at the end of 2024. 3 gas and 1 oil heat. This is a turnkey investment with immediate income and long-term upside. (Profesional pictures will be updated by weekend)

Listing Courtesy of Century 21 AllPoints Realty