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Sold for $415,000 on 06/26/24
  • $415,000

    24 Newman St, Manchester, CT 06040

    --beds
    0baths
    3,189sqft
    MultiFamily
    Built in 1904
    -- sqft lot
    $452,500 Zestimate®
    $130/sqft
    $2,088 Estimated rent

    Home value

    $452,500

    $407,000 - $502,000

    $2,088/mo

    Zestimate® history
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    $2,931/mo

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    What's special

    24-26 Newman is a 3-unit multi-family conveniently located in central Manchester. It sits on a quiet corner lot right across from a beautiful park. Two of the units are rented at $775 and $780/month, respectively. The third and largest unit is a spacious 3-bedroom with an open floor plan and is very bright and sunny. The tenants have been there long-term and are quality tenants in terms of being quiet, tidy, and have a history of completely on-time rental payments. The home is in excellent structural, mechanical and cosmetic condition. The home received a substantial lead-abatement grant from the Town of Manchester in 1996 that was used to completely contain or remove as necessary any lead paint and also to perform many safety and structural upgrades. Each unit has its own meter and separate utilities. The 3-bedroom unit can be shown as log-and-go, the units with tenants can be shown upon 2nd showing and on tenants' schedules. Call today to schedule your own showing as 24 Newman is a terrific investment as a cash-producing property or owner-occupied home with the tenants paying the a good chunk if not all of the costs to finance.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other, Gas
    Appliances
    • Included: Dryer, Washer
    • Laundry: Basement Hook-Up(s), Hook-Up In Unit 1
    Features
    • Flooring: Concrete
    • Basement: Interior Entry, Storage Space, Concrete Floor
    • Attic: Floored, Walk-up
    Interior area
    • Total interior livable area: 3,189 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 7,840 sqft
    • Features: Level, Corner Lot
    Details
    • Parcel number: MANCM78B4100L24
    • Zoning: rc

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side, Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1904

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: Manchester

    HOA & financial

    Other financial information
    • Total actual rent: 299000

    Other

    Other facts
    • Sewer: Public Sewer
    • Roof: Asphalt
    • AssociationYN: 0
    • HeatingYN: true
    • CommunityFeatures: Playground, Golf, Medical Facilities, Shopping/Mall, Library, Public Rec Facilities, Commuter Bus
    • NumberOfUnitsTotal: 3
    • Zoning: rc
    • ConstructionMaterials: Frame, Vinyl Siding
    • CurrentFinancing: Conventional
    • LotFeatures: Level, Corner Lot
    • Cooling: Window Unit(s)
    • FoundationDetails: Stone, Brick/Mortar
    • Basement: Interior Entry, Storage Space, Concrete Floor
    • ParkingFeatures: Off Street, Paved
    • Heating: Steam
    • Attic: Floored, Walk-up
    • YearBuiltSource: Public Records
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • TotalActualRent: 299000.00
    • LaundryFeatures: Basement Hook-Up(s), Hook-Up In Unit 1
    • ArchitecturalStyle: Units are Side-by-Side, Units on different Floors
    • MlsStatus: Show
    • Exclusions: See Inclusions Exclusions Rider
    • TaxAnnualAmount: 5221

    Price history

    DateEventPrice
    7/2/2024Listing removed--
    Source: Zillow Rentals
    6/26/2024Sold$415,000+32.6%$130/sqft
    Source: Public Record
    6/25/2024Listed for rent$2,200+41.9%$1/sqft
    Source: Zillow Rentals
    11/24/2020Sold$313,000+4.7%$98/sqft
    Source: Smart MLS #170347230
    10/18/2020Pending sale$299,000$94/sqft
    Source: Rockoff Realty #170347230

    Public tax history

    YearProperty taxesTax assessment
    2025$8,386 +2.9%$210,600
    2024$8,146 +4%$210,600
    2023$7,834 +3%$210,600

    Find assessor info on the county website

    Neighborhood: Central Manchester

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Manchester

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $452,500
    2% more+ $9,050
    With Zillow Showcase(estimated)
    $461,550