Active

18 Arch Street

Manchester, CT 06040

$700,000 $2,951/Mo

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Overview

Bed

Bath

3,840

Sqft

0.31

Acre(Lot)

Description

Opportunity knocks in Manchester. Tucked away in a private, wooded setting yet minutes from I-384, I-84, Buckland Hills, and downtown amenities, 18-24 Arch Street offers a rare chance to acquire a fully occupied 4-family with strong rental history and immediate income. The building features four spacious units - a desirable mix of 2 and 3-bedroom layouts showcasing hardwood floors, updated kitchens, generous room sizes, and abundant natural light. Several units offer oversized living spaces, dedicated storage, covered porches, and unique bonus areas that appeal to long-term tenants. Separate gas, oil and electric meters for all units. Large paved parking area provides convenience rarely found in properties of this size. Set on a secluded lot bordered by mature trees, the property delivers privacy while remaining close to everything Manchester has to offer. Current gross rent: $7,385/mo | $88,620 annually | 9% cap rate | All 4 leases in place through 2027-2028. Strong occupancy, well-maintained living spaces, and stable collections make this an attractive addition for seasoned investors and those looking to expand their portfolio. Properties with in-place cash flow, tenant-friendly layouts, and a private wooded setting rarely become available in this market. A compelling turnkey opportunity in a high-demand Hartford County rental corridor. More pictures coming soon

Property Details

Property Type : Residential Income

Price : $700,000

AD Id : 83853121

MLS Id : 24182827

Beds : 10

Lot Size : 0.31 Acre

Living Area Size : 3,840

Year Built : 1919

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: 28 Basement: None
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Oil, Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s)

Building Information

Year Built: 1919 Building Area Total: 3840 Construction Materials: Aluminum Siding, Frame Private Pool: No View: City

Lot Information

Lot Size Acres: 0.31 Lot Description: Level

Listing Price Information

Listing Price: $700000

Tax Information

Parcel Number: 2423097 Annual Tax: $8466

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
12 Arch Street, Manchester, CT, 06040	$725,000	10	4	4,659	4,659 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

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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 06/13/2026 @ 04:29

MLS: 24182827 LISTED BY: Mustafa Muaremi, Coldwell Banker Realty SOURCE: SmartMLS