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MLS 24182827 Sale Pending Updated August 14, 2026
18 Arch Street

Manchester, Connecticut 06040

$700,000
On market 7 days
18 Arch Street
1 / 12

About This Property

**BEST AND FINAL by Wednesday 12 pm**....Opportunity knocks in Manchester. Tucked away in a private, wooded setting yet minutes from I-384, I-84, Buckland Hills, and downtown amenities, 18-24 Arch Street offers a rare chance to acquire a fully occupied 4-family with strong rental history and immediate income. The building features four spacious units - a desirable mix of 2 and 3-bedroom layouts showcasing hardwood floors, updated kitchens, generous room sizes, and abundant natural light. Several units offer oversized living spaces, dedicated storage, covered porches, and unique bonus areas that appeal to long-term tenants. Separate gas, oil and electric meters for all units. Large paved parking area provides convenience rarely found in properties of this size. Set on a secluded lot bordered by mature trees, the property delivers privacy while remaining close to everything Manchester has to offer. Current gross rent: $7,385/mo | $88,620 annually | 9% cap rate | All 4 leases in place through 2027-2028. Strong occupancy, well-maintained living spaces, and stable collections make this an attractive addition for seasoned investors and those looking to expand their portfolio. Properties with in-place cash flow, tenant-friendly layouts, and a private wooded setting rarely become available in this market. A compelling turnkey opportunity in a high-demand Hartford County rental corridor. More pictures coming soon

Property Details

Interior

Heat
Baseboard — Oil
Cooling
Ceiling Fans

Exterior & Lot

Roof
Shingle,Gable
Construction
Construction
Lot Description
City Views Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
Per Board of Ed
Middle
NULL
High
Per Board of Ed

18 Arch Street

Manchester , Connecticut 06040

$700,000

On market 7 days

Beds
10
Baths
4
SqFt
3,840
Type
Multi-Family
County Hartford
Garage -
Rooms -
Lot Size 0.31 Acres
Property Tax $8,466
Assessed Value $212,600
Year Built 1919
Style Units are Side-by-Side,4sides - Units Are Side-by-Side
Zoning RB

Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: CBRB01.

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