Congress Street Apartments

  • Title

    Multifamily Property

  • City

    Manchester, CT

  • Price

    $885,000

  • Cap Rate

    6.24%

  • Gross Leasable Area

    8,000 SF

  • No. Units

    8

  • Price/SF

    $110.63

  • Price/Unit

    $110,625

  • No. Stories

    2

  • Year Built

    1964

  • Lot Size

    0.52 AC

Not found amenities.

Northeast Private Client Group is pleased to present the Congress Street Apartments, an 8 unit multifamily property located in Manchester, CT.

The Congress Street Apartments are comprised of 8 two bedroom, one bathroom units. Each unit features hardwood flooring and private basements with washer and dryer hookups. Heat and hot water is provided by a central natural gas burner which was replaced 6 years ago. The property features ample off street parking for tenants.

The property is in close proximity to major interstate highways and area shopping and restaurant. Upside can be realized by raising low rents to market levels.

Congress Street Apartments Offering Memo