This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$550,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Attention investors!! This property is part of a package offering consisting of one auto repair shop with 1839 sqft, along with 2 single family properties currently leased at below market rents, a perfect value - add opportunity. The garage consists of 2 oversized garage doors with 4 bays, office space, ample parking, and a great location this property has all the ingredients to make a great business with a long standing profitable tenant. This property provides two single family homes that provide 2 bedrooms and 1 full bathroom each currently rented for $1150 and $900 respectively. These properties abut and comprise the corner of Middle Turnpike West and Homestead Street (159 Middle Turnpike, 163 Middle Turnpike, and 10 Homestead); note B2 zoning. Current gross revenue $66,000 per year, NOI $40,000+. Please note this is a package offering for $575,000 and properties will not be sold separately.
Full Property Details
Full Property Details for 159 Middle Turnpike W
General
- Sold For: $550,000
- Taxes: (July 2021-June 2022)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 170446045
- Added to Site: 1, 554 day(s) ago
Parking
- Parking: Paved, Off Street Parking, Parking Lot
Location
- County: Hartford
- Driving Directions: Per GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Air, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric Available, Phone Available
Structural Information
- Roof: EPDM Synthetic Rubber
- Square Feet: 3,434
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Mechanic's Car Garage
- Year Built: 1969
Unit Information
- # Tenants: 3
Unit 1
- Unit Description: 2 Bedrooms
- Square Feet: 780
- Total Bathrooms: 1
Unit 2
- Unit Description: 2 Bedrooms
- Square Feet: 815
- Total Bathrooms: 1
Unit 3
- Unit Description: Industrial
- Square Feet: 1839
- Total Bathrooms: 1
- Partial Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.45
- Frontage: State Road, Paved Road
- Present Use: Mechanic's Car Garage
- Zoning: B2
- Lot Description: Dry, Corner Lot
Financial Considerations
- Assessment Amount: $245,100
- Tax Year: July 2021-June 2022
Disclosures and Reports
- Documents Avail.: None
- Property ID: 999999999
Get Pre-Approved Today
Schools
Schools serving 159 Middle Turnpike W
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Waddell School 163 Broad Street, Manchester, CT 06042 | K-5 | 0.2 mi |
Illing Middle School 227 Middle Turnpike East, Manchester, CT 06040 | 6-8 | 1 mi |
Manchester High School, Manchester, CT 134 Middle Turnpike East, Manchester, CT 06040 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 159 Middle Turnpike W
Date
Details
Price
Change
Source
8/09/2022
Sold
$550,000
86.44%
MLS
10/22/2021
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
159 Middle Turnpike West, Manchester, CT 06040 (MLS# 170446045) is a Commercial property that was sold at $550,000 on August 09, 2022. This property was sold by Gabrielle Renaud from our Glastonbury Office.Want to learn more about 159 Middle Turnpike West? Do you have questions about finding other Commercial real estate for sale in Manchester? You can browse all Manchester real estate or contact a Coldwell Banker agent to request more information.


