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801 Hartford RoadManchester, CT 06040MLS Number G10202721

  • Sale Price: $344,786The price has recently decreased
  • Listed at $369,000
  • 12 Days Since Sale
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 3,520Square Feet
  • 0.46Acreage
  • 1968Year Built
  • $16,281Gross annual expense

Just 1/4 mile from Manchester Community College this commercial building is a great investment and income producing property. At present the building has 4 longstanding tenants, a hair salon, a pizzeria and a Hookah smoking parlor and barber shop. The present tenants leases with an annual income of $63,144 .The building has 35 parking spaces, gas heat, central air, each unit has a finished basement that can be used, the building has a new, as of April 2015, flat roof and other portion of the roof has been repaired. This building is close to multiple number of stores in the area and has easy access thru Route 384.

Listed by Stanley G Francis of Citi Realty Group

Listing Sold by Citi Realty Group,

Driving Directions

Your Local Office

Storrs Office
1734 Storrs Road
Storrs CT, 06268

Office: 860-429-9351

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Call: Storrs Office 860-429-9351 Willimantic Office 860-456-1554 or send a message:

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More Info

Basic Information

  • Broker NameCiti Realty Group
  • List Price$369,000
  • MLS NumberG10202721
  • Property TypeCommercial For Sale
  • StatusSLD
  • TownManchester
  • Gross annual expense$16,281
  • Gross annual income$63,144
  • Commercial catagoryInvestment, Retail
  • Also for leaseNo
  • Sale Date08/09/2017
  • Sale Price$344,786

Other

  • Lease purchaseNo
  • Purchase optionNo
  • Lease years remaining3
  • Landlord responability
    • Common Area Maintenance
    • Mechanicals
    • Real Estate Taxes
    • Roof Maintenance
    • Structural Maintenace
    • Trash Service
  • Inventory includedNo
  • SubdividableNo
  • Net operating income46862
  • Space is leasedNo
  • View Count11

Tax Information

  • Assessed value$250,200
  • Taxes$9,928
  • Milrate total39.68

Building

  • Year Built1968
  • AtticNo
  • Garages0
  • FlooringTile, Wood
  • Garage Parking InfoPaved
  • Square Feet3,520
  • Restrooms number of4
  • Stories1
  • Additional space availableNo

Water Body

  • WaterfrontNo

Auction

  • Bank owned propertyNo

Basic Information

  • Agent ID, FRANCISS

Location

  • CountyHartford
  • StateCT
  • Zip06040

Property

  • Acreage0.46
  • Parking Spaces35
  • Parking spaces uncovered35
  • FloodzoneNo
  • Road Frontage150
  • Environmental assessmentUnknown
  • SwimmingpoolNo

Utilities

  • Heat SystemWarm Air
  • Heating FuelNatural Gas
  • Water sourcePrivate Well
  • Cooling SystemCentral Air
  • Fuel tank locationNon Applicable
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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