Quadplex with Adjacent
114 Charter Oak St Manchester, CT 06040
114 Charter Oak St, Manchester, CT, 06040
$749,900 SF/Yr
For Lease
$749,900
Four-family residential building plus an adjacent restaurant/pub and upstairs apartment, offered as one parcel with rear parking.
Days on Market34
Property Features for 114 Charter Oak St
General Information
- Standard status
- Active
Listing Agency
RE/MAX Right Choice
(860) 604-5348
Listed by
Kurt M. Potter · License #789678
(860) 604-5348
Source
Exprealty
Added: Jun 14 Checked: Jul 16 at 11:51 pm
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Investment Insights
Based on property information with market context.
This offering includes a four-family (quadplex) residential building paired with an adjacent restaurant/pub building, along with another upstairs apartment unit. The buildings are situated on one parcel and cannot be separated, creating a combined residential and commercial operating footprint. The property is described as being in good working condition, while also being older and likely to require ongoing maintenance and upkeep. Utilities are mostly separated, including electrical, natural gas, public water, and sewer, which can simplify management for an owner/operator.
The buildings are located at 114 Charter Oak St in Manchester, CT. The property includes plenty of parking in the rear of the buildings, with some spaces dedicated strictly for tenants. The site abuts Charter Oak Park, which is described as recently reconstructed, and the new “Oaks.” Main Street destinations are described as within walking distance.
For tenants, buyers, or operators, this configuration can support a blended use strategy with both residential and food-and-beverage space under one ownership. It may be best suited to an experienced owner accustomed to managing multi-unit residential operations and a separately operated restaurant/pub component, particularly given the property’s age and the likelihood of routine capital and maintenance needs.
The buildings are located at 114 Charter Oak St in Manchester, CT. The property includes plenty of parking in the rear of the buildings, with some spaces dedicated strictly for tenants. The site abuts Charter Oak Park, which is described as recently reconstructed, and the new “Oaks.” Main Street destinations are described as within walking distance.
For tenants, buyers, or operators, this configuration can support a blended use strategy with both residential and food-and-beverage space under one ownership. It may be best suited to an experienced owner accustomed to managing multi-unit residential operations and a separately operated restaurant/pub component, particularly given the property’s age and the likelihood of routine capital and maintenance needs.
Key Highlights
- Four‑family residential building plus an adjacent restaurant/pub with an upstairs apartment, offered as one parcel.
- On‑site rear parking for all building uses, including some parking dedicated strictly for tenants.
- Mostly separated utilities including electrical, natural gas, public water, and sewer.
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FAQs
What type of property is this?
Quadplex - Four-family residential building plus an adjacent restaurant/pub and upstairs apartment, offered as one parcel with rear parking.
Where is this quadplex located?
The property is located at 114 Charter Oak St Manchester, CT.
What is the lease rate?
The lease rate is $749,900.
What are key features of this property?
This property features: Four‑family residential building plus an adjacent restaurant/pub with an upstairs apartment, offered as one parcel.; On‑site rear parking for all building uses, including some parking dedicated strictly for tenants.; Mostly separated utilities including electrical, natural gas, public water, and sewer.