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159 Middle Turnpike W

Manchester, CT 06040
  • $295,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 170446045
UPDATED: 56 min ago
$295,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,434
    SQFT
  • $86
    $/SQFT
Type:
Commercial
Built:
1969
County:
Area:

School Ratings & Info

Description

Attention investors!! This property is part of a package offering consisting of one auto repair shop with 1839 sqft, along with 2 single family properties currently leased at below market rents, a perfect value - add opportunity. The garage consists of 2 oversized garage doors with 4 bays, office space, ample parking, and a great location this property has all the ingredients to make a great business with a long standing profitable tenant. This property provides two single family homes that provide 2 bedrooms and 1 full bathroom each currently rented for $1150 and $900 respectively. These properties abut and comprise the corner of Middle Turnpike West and Homestead Street (159 Middle Turnpike, 163 Middle Turnpike, and 10 Homestead); note B2 zoning. Current gross revenue $66,000 per year, NOI $40,000+. Please note this is a package offering for $575,000 and properties will not be sold separately.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-12-03T20:09:50.707.
www.faifmangroup.com/homes/122604878
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159 Middle Turnpike W Manchester, CT 06040

  • Price: $295,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 56 min ago
  • MLS #: 170446045
0
Beds
0
Baths
0
½ Baths
0.45
Acres
3,434
SQFT
$86
$/SQFT
1969
Built
County:
Hartford
Area:
Manchester
Property Description
Attention investors!! This property is part of a package offering consisting of one auto repair shop with 1839 sqft, along with 2 single family properties currently leased at below market rents, a perfect value - add opportunity. The garage consists of 2 oversized garage doors with 4 bays, office space, ample parking, and a great location this property has all the ingredients to make a great business with a long standing profitable tenant. This property provides two single family homes that provide 2 bedrooms and 1 full bathroom each currently rented for $1150 and $900 respectively. These properties abut and comprise the corner of Middle Turnpike West and Homestead Street (159 Middle Turnpike, 163 Middle Turnpike, and 10 Homestead); note B2 zoning. Current gross revenue $66,000 per year, NOI $40,000+. Please note this is a package offering for $575,000 and properties will not be sold separately.
Exterior Features

Construction Description Masonry Foundation Type Concrete Lot Description DryCorner Lot Parking Total Spaces 0 Road Frontage Description State RoadPaved Road Roof Information Epdm Synthetic Rubber

Interior Features

Cooling System None Heat Type Hot Air

Property Features

Bank Owned Property Yn No Commercial Category Investment Documents Available None Garage Parking Info PavedOff Street ParkingParking Lot Heat Fuel Type Oil Location Highway AccessDowntown Possession Availability Negotiable Potential Short Sale Yn No Present Use Mechanic's Car Garage Property Tax 8952 Sewage System Public Sewer Connected Sign Yn Yes Utilities Available Electric AvailablePhone Available Water Source Public Water Connected Zoning B2

Listing information © 2021 Smart MLS
Listing provided courtesy of David Brooke of Exp Realty.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-12-03T20:09:50.707.
 
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