Active

12 Arch Street

Manchester, CT 06040

$725,000 $3,056/Mo

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Overview

Bed

Bath

4,659

Sqft

0.40

Acre(Lot)

Description

Set behind a classic stone wall and framed by mature trees, 12-14 Arch Street presents a rare opportunity to acquire a fully occupied 4-family asset combining strong in-place cash flow, timeless New England character, and meaningful upside potential. Generating over $103,000 in annual gross income, the property features an ideal unit mix of two 2-bedroom apartments and two 3-bedroom apartments, providing broad tenant appeal and long-term stability. Each apartment offers spacious layouts, abundant natural light, hardwood flooring, updated kitchens and baths, and the architectural charm that continues to attract quality tenants. Enclosed porches, oversized windows, and classic period details create a living experience that stands apart from typical multifamily offerings. The current ownershi p includes heat in the rent, while tenants are responsible for their own electric and other household utilities. The building already has separate gas and electric meters, which means future owners can optimize operating expenses through utility restructuring and potential heating system upgrades. With upcoming lease turnover opportunities, investors have multiple ways to boost returns while keeping strong occupancy. Conveniently located near downtown Manchester, shopping, restaurants, parks, and major commuter routes, It offers the rare combination of immediate cash flow, stable tenancy, and future value add.

Property Details

Property Type : Residential Income

Price : $725,000

AD Id : 83852576

MLS Id : 24182804

Beds : 10

Lot Size : 0.40 Acre

Living Area Size : 4,659

Year Built : 1906

County : Hartford

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 10

Bathroom Information

Total Baths: 4 Full Baths: 4

Room Information

Rooms Total: 25 Has Basement: Yes Basement: Full
Roofing Information

Asphalt
Interior Features

Roof: Asphalt Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Oil, Hot Water Has Cooling: Yes Cooling: Ceiling Fan(s)

Building Information

Year Built: 1906 Building Area Total: 4659 Construction Materials: Aluminum Siding, Frame Private Pool: No

Lot Information

Lot Size Acres: 0.4 Lot Description: Level

Listing Price Information

Listing Price: $725000

Tax Information

Parcel Number: 2423096 Annual Tax: $9135

School Information

Elementary School: Per Board of Ed

Junior High School:

Senior High School: Per Board of Ed
Location Information

Direction: GPS friendly WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
64-66 Ridge Street, Manchester, CT, 06040	$379,000	5	2	2,528	2,528 SqFt
300 Charter Oak Street, Manchester, CT, 06040	$440,000	5	3	2,231	2,231 SqFt
226 School Street, Manchester, CT, 06040	$379,900	6	2	2,186	2,186 SqFt
342-344 Center Street, Manchester, CT, 06040	$374,900	6	2	2,504	2,504 SqFt
34-36 Cottage Street, Manchester, CT, 06040	$369,900	6	2	2,058	2,058 SqFt
41 Bissell Street, Manchester, CT, 06040	$400,000	6	4	2,010	2,010 SqFt
56 Winter Street, Manchester, CT, 06040	$429,900	6	2	2,357	2,357 SqFt
17 Lilac Street, Manchester, CT, 06040	$529,999	8	4	3,365	3,365 SqFt
9-11 Griswold Street, Manchester, CT, 06040	$419,900	5	2	2,466	2,466 SqFt
124 W Center Street, Manchester, CT, 06040	$350,000	4	2	2,016	2,016 SqFt

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 06/12/2026 @ 16:50

MLS: 24182804 LISTED BY: Mustafa Muaremi, Coldwell Banker Realty SOURCE: SmartMLS