Seller's Agent in 2024
Nick DeLuca
eXp Realty
(860) 716-5688
1 in this area
61 Total Sales
56 School St Manchester, CT 06040
East Side Neighborhood
5
Beds
4
Baths
2,984
Sq Ft
10,454
Sq Ft Lot
Highlights
- City View
- Attic
- Baseboard Heating
- Property is near public transit
- Smart Appliances
- Smart Thermostat
About This Home
As of September 2024Located in the heart of Manchester, this 4 unit multi-family home offers an excellent investment opportunity in a highly sought-after area. With its prime location, spacious layout, and strong rental potential, this property is ideal for investors seeking steady cash flow and long-term appreciation. This property enjoys easy access to parks, shopping centers, and major transportation routes, ensuring convenience for residents and attracting quality tenants. With 2 driveways the dedicated off-street parking spaces for residents, ensures convenience and peace of mind. Meticulously maintained both inside and out, this property showcases pride of ownership and presents minimal upkeep for future owners. All units fully leased with potential for rental rate increases in the future. Don't miss out on this exceptional opportunity to establish yourself in Manchester's thriving real estate market. Detached garage in need of some repair. Can produce additional income. Seller willing to remove garage upon buyer request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,138
Year Built
- Built in 1886
Lot Details
- 10,454
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 2,984 Sq Ft Home
- City Views
- Partial Basement
- Smart Appliances
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Attic
- Walkup Attic
- Partially Finished Attic
Home Security
- Smart Lights or Controls
- Smart Thermostat
Location
- Property is near public transit
- Property is near shops
- Property is near a bus stop
- Property is near a golf course
Schools
- Manchester High School
Additional Features
- Modified Wall Outlets
- Energy-Efficient Lighting
- 10,454 Sq Ft Lot
- Baseboard Heating
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 2137024
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2024 09/05/24 | Sold | $475,000 | -5.0% | $159 / Sq Ft |
| 07/24/2024 07/24/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $499,900 | +5.2% | $168 / Sq Ft |
| 05/28/2024 05/28/24 | Off Market | $475,000 | -- | -- |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 05/03/2024 05/03/24 | For Sale | $499,900 | 0.0% | $168 / Sq Ft |
| 11/01/2023 11/01/23 | Rented | $1,500 | 0.0% | -- |
| 10/23/2023 10/23/23 | Under Contract | -- | -- | -- |
| 10/17/2023 10/17/23 | For Rent | $1,500 | +39.5% | -- |
| 04/07/2023 04/07/23 | Rented | $1,075 | -2.3% | -- |
| 04/05/2023 04/05/23 | Under Contract | -- | -- | -- |
| 03/25/2023 03/25/23 | For Rent | $1,100 | 0.0% | -- |
| 03/22/2023 03/22/23 | Off Market | $1,100 | -- | -- |
| 12/20/2022 12/20/22 | For Rent | $1,100 | +22.2% | -- |
| 06/15/2021 06/15/21 | Rented | $900 | 0.0% | -- |
| 06/07/2021 06/07/21 | For Rent | $900 | 0.0% | -- |
| 08/24/2020 08/24/20 | Rented | $900 | 0.0% | -- |
| 08/08/2020 08/08/20 | For Rent | $900 | 0.0% | -- |
| 08/06/2020 08/06/20 | Off Market | $900 | -- | -- |
| 02/06/2020 02/06/20 | For Rent | $900 | 0.0% | -- |
| 11/25/2019 11/25/19 | Rented | $900 | 0.0% | -- |
| 11/25/2019 11/25/19 | Under Contract | -- | -- | -- |
| 08/31/2019 08/31/19 | For Rent | $900 | -- | -- |
Source: SmartMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,378 | $210,400 | $31,200 | $179,200 |
| 2024 | $8,138 | $210,400 | $31,200 | $179,200 |
| 2023 | $7,827 | $210,400 | $31,200 | $179,200 |
| 2022 | $7,600 | $210,400 | $31,200 | $179,200 |
| 2021 | $5,656 | $134,900 | $28,400 | $106,500 |
| 2020 | $5,648 | $134,900 | $28,400 | $106,500 |
| 2019 | $5,625 | $134,900 | $28,400 | $106,500 |
| 2018 | $5,519 | $134,900 | $28,400 | $106,500 |
| 2017 | $5,362 | $134,900 | $28,400 | $106,500 |
| 2016 | $4,920 | $124,000 | $36,200 | $87,800 |
| 2015 | $4,886 | $124,000 | $36,200 | $87,800 |
| 2014 | $4,793 | $124,000 | $36,200 | $87,800 |
Source: Public Records
Agents Affiliated with this Home
-
Nick DeLuca
-
Andrea Laemmel
Buyer's Agent in 2024
Andrea Laemmel
eXp Realty
(860) 810-2692
2 in this area
6 Total Sales
-
Melanie Montagnon
M
Seller's Agent in 2023
Melanie Montagnon
RE/MAX
(860) 922-7033
3 Total Sales
-
Nancy Jacques
Buyer's Agent in 2023
Nancy Jacques
Brass Key Realty, LLC
(860) 508-0785
120 Total Sales
-
Daniel Alvarado
Seller's Agent in 2021
Daniel Alvarado
Executive Real Estate
(860) 593-6635
3 in this area
321 Total Sales
-
Stacey Costanzo
Buyer's Agent in 2021
Stacey Costanzo
eXp Realty
(860) 929-2718
5 in this area
135 Total Sales
Map
Source: SmartMLS
MLS Number: 24012176
APN: MANC 503000056
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