Four-Family Residential
For Sale
$725,000
Pending
12 Arch St, Manchester, CT 06040
Fully occupied four-family with two 2-bedroom and two 3-bedroom units, updated kitchens and baths, and heat included.
Property SizeContact for details
Days on Market54
Property Features for 12 Arch St
General Information
Standard status
Pending
Property subtype
Multi Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1906
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
(860) 877-4682
Listed By:
Mustafa Muaremi · License #RES.0818283
(860) 877-4682
Source:
Elliman
Added: Jun 17
Changed: Jul 10
Last Checked: Aug 9 at 10:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
12 Arch St is a fully occupied four-family residential building set behind a classic stone wall and framed by mature trees. The property includes two 2-bedroom apartments and two 3-bedroom apartments. Interiors feature spacious layouts with abundant natural light, hardwood flooring, and updated kitchens and baths, along with classic period details such as oversized windows and enclosed porches.
The building is conveniently located near downtown Manchester, with access to shopping, restaurants, parks, and major commuter routes. BikeScore and WalkScore both read 62, indicating the area is somewhat accessible by bicycle and on foot.
For buyers seeking an in-place income property, the current ownership includes heat in the rent, with a newer gas boiler, while tenants are responsible for electric and other household utilities. The unit mix of 2-bedroom and 3-bedroom apartments provides a broad tenant appeal for ongoing leasing needs, with existing finishes and features designed to support resident retention.
The building is conveniently located near downtown Manchester, with access to shopping, restaurants, parks, and major commuter routes. BikeScore and WalkScore both read 62, indicating the area is somewhat accessible by bicycle and on foot.
For buyers seeking an in-place income property, the current ownership includes heat in the rent, with a newer gas boiler, while tenants are responsible for electric and other household utilities. The unit mix of 2-bedroom and 3-bedroom apartments provides a broad tenant appeal for ongoing leasing needs, with existing finishes and features designed to support resident retention.
Key Highlights
- Fully occupied 4‑family built in 1906 with two 2‑bedroom units and two 3‑bedroom units
- Annual gross income over $103,000 with an in‑place tenant mix designed for broad appeal
- Updated kitchens and baths across the apartments, with hardwood flooring and abundant natural light
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
Demographics for 06040, CT
35,676
Population
15,550
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
2,111
Density / Sq Mi
$84,741
Median Household Income
$48,208
Median Earnings
$1,361
Median Rent
$238,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-family with two 2-bedroom and two 3-bedroom units, updated kitchens and baths, and heat included.
Where is this quadplex located?
The property is located at 12 Arch St Manchester, CT.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Fully occupied 4‑family built in 1906 with two 2‑bedroom units and two 3‑bedroom units; Annual gross income over $103,000 with an in‑place tenant mix designed for broad appeal; Updated kitchens and baths across the apartments, with hardwood flooring and abundant natural light
