Seller's Agent in 2021
Kristen Silver
Berkshire Hathaway Home Services
(860) 209-5154
1 in this area
9 Total Sales
70 Wells St Manchester, CT 06040
East Side Neighborhood
8
Beds
4
Baths
3,600
Sq Ft
0.34
Acres
Highlights
- Attic
- Covered Deck
- Level Lot
- No HOA
- Smart Locks
About This Home
As of August 2021This 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!!
Last Agent to Sell the Property
Berkshire Hathaway NE Prop. License #RES.0782268 Listed on: 07/30/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,389
Year Built
- Built in 1916
Lot Details
- 0.34 Acre Lot
- Level Lot
Parking
- Driveway
Home Design
- Concrete Foundation
- Asphalt Shingled Roof
- Concrete Siding
- Vinyl Siding
Interior Spaces
- 3,600 Sq Ft Home
- Basement Fills Entire Space Under The House
- Walkup Attic
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Home Security
- Smart Locks
- Smart Thermostat
Outdoor Features
- Covered Deck
Schools
- Manchester High School
Utilities
- Heating System Uses Gas
- Heating System Uses Natural Gas
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $4,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2021 08/24/21 | Sold | $290,000 | -14.5% | $81 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 05/10/2021 05/10/21 | Price Changed | $339,000 | -2.9% | $94 / Sq Ft |
| 02/22/2021 02/22/21 | For Sale | $349,000 | 0.0% | $97 / Sq Ft |
| 02/15/2021 02/15/21 | Pending | -- | -- | -- |
| 01/31/2021 01/31/21 | For Sale | $349,000 | +20.3% | $97 / Sq Ft |
| 01/30/2021 01/30/21 | Off Market | $290,000 | -- | -- |
| 01/30/2021 01/30/21 | For Sale | $349,000 | 0.0% | $97 / Sq Ft |
| 10/06/2020 10/06/20 | Pending | -- | -- | -- |
| 08/08/2020 08/08/20 | Price Changed | $349,000 | -7.9% | $97 / Sq Ft |
| 07/30/2020 07/30/20 | For Sale | $379,000 | +76.9% | $105 / Sq Ft |
| 02/11/2016 02/11/16 | Sold | $214,200 | -30.7% | $60 / Sq Ft |
| 12/11/2015 12/11/15 | Pending | -- | -- | -- |
| 08/04/2014 08/04/14 | For Sale | $309,000 | -- | $87 / Sq Ft |
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 | $7,904 | $198,500 | $32,500 | $166,000 |
| 2024 | $7,678 | $198,500 | $32,500 | $166,000 |
| 2023 | $7,384 | $198,500 | $32,500 | $166,000 |
| 2022 | $7,170 | $198,500 | $32,500 | $166,000 |
| 2021 | $6,399 | $152,600 | $29,600 | $123,000 |
| 2020 | $6,389 | $152,600 | $29,600 | $123,000 |
| 2019 | $6,363 | $152,600 | $29,600 | $123,000 |
| 2018 | $6,243 | $152,600 | $29,600 | $123,000 |
| 2017 | $6,066 | $152,600 | $29,600 | $123,000 |
| 2016 | $5,904 | $148,800 | $37,900 | $110,900 |
| 2015 | $5,863 | $148,800 | $37,900 | $110,900 |
| 2014 | $5,751 | $148,800 | $37,900 | $110,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kristen Silver
-
Mateusz Mikunda
Buyer's Agent in 2021
Mateusz Mikunda
Complete Real Estate
(860) 990-2240
2 in this area
59 Total Sales
-
Beth McIntyre
Seller's Agent in 2016
Beth McIntyre
KW Legacy Partners
(860) 508-7855
62 Total Sales
Map
Source: SmartMLS
MLS Number: 170321850
APN: MANC 590000070
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