70-72 Wells St

Manchester, CT
$ 349,000 Beds 8 Baths 4 Sq 3,600 Virtual Tour
Monthly Estimate* How much can I afford?

This updated four family home is a money making machine. Monthly profit is huge!! It would work great as a pure investment and would also be perfect for an owner occupied dweller. There are four separate identical two bedroom units. Each unit has its own washer and dryer (which for second floor units is located in the basement). Second floor units have private front decks. Unfinished attic with large double staircase is humungous with potential. Electrical boxes just updated for entire home. Water heaters newer (two just replaced). All units have separate utilities. Large parking area in the rear. Plenty of storage space in the basement! Rents are $1,000 per unit for a monthly gross of $4,000. There is a potential here to net almost $1,500 a month with only 20% down. Get in the game while interests rates are at record lows!!

Multi-Family

  • Price
  • $ 349,000
  • Lot Size
  • 0.34 Acres
  • Bedrooms
  • 8
  • Sqr Footage
  • 3,600
  • Full Bathrooms
  • 4
  • Year Built
  • 1916
  • Half Bathrooms
  • 0
  • City, Zip
  • Manchester
  • Taxes
  • 6389
  • County
  • HARTFORD
  • Style
  • 4updown - Unit(s) per Floor
  • Area
  • MLS#
  • 170321850
  • Zip
  • 06040
Listing Provided by: Berkshire Hathaway NE Prop.

Features

General

Elementary School Per Board of Ed
High School Manchester
Neighborhood N/A
New Construction Type No
Property Sub Type 4 Family
Property Type Multi-Family For Sale
Status Active
Style 4updown - Unit(s) per Floor
Tax Year July 2020-June 2021
Virtual Tour https://app.immoviewer.com/landing/unbranded/5f22eb30693f4f0849cc18fc
Virtual Tour Yn Yes
Year Built 1916
Year Built Source Public Records
Zoning 1

Interior Features

Attic Description Walk-up
Basement Description Full With Hatchway
Beds Total 8
Cooling System None
Fuel Tank Location Non Applicable
Full Baths 4
Heat Fuel Type Natural Gas
Heat Type Gas on Gas
Hot Water Description Natural Gas
Laundry Room Info All Units Have Hook-Ups
Rooms Total Multi Family 10
Sq Ft Est Heated Above Grade 3600
Sq Ft Total 3600
Total Baths 4.00
Total Numof Units 4
Unit Count 4

Exterior Features

Acres 0.3400
Driveway Type Paved
Exterior Features Covered Deck
Foundation Concrete
Garage Parking Info Driveway
Lot Description Level Lot
Roof Information Asphalt Shingle
Sewage System Public Sewer Connected
Siding Vinyl Siding
Water Source Public Water Connected
Waterfront Description Not Applicable

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Wolcott, CT office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Per Board of Ed Elementary School
Middle School Unknown Middle School
High School Manchester High School

Price History

7/30/2020 Listed $379,000
8/8/2020 8% - $349,000

Property vs Zip Code Average in 06040

Price
AVG $290K
$350K
Taxes
AVG $4,706
$6,389
Visits
AVG 10
21
Year Built
AVG 1935
1916
Walkscore
AVG 64
61
Data Provided by Walkscore ® not using MLS data

Map

70-72 Wells St Manchester, CT is a Single Family Home for sale at $349000 with 3600 sqft and a lot size of 0.34 Acres Acre(s). 70-72 Wells St Manchester has 8 bedrooms, 4 baths and was built in 1916. The property's zip code is 06040 which is in Manchester, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.