85-87 Spruce Street
Sold

85-87 Spruce Street

85-87 Spruce Street, Manchester, CT 06040

$700,000
Exceptional investment opportunity! Well-maintained 4-family offering 4,563 sq. ft. 21 Rms. 13 Brms.with a 3-car garage in a neighborhood undergoing revitalization. Conveniently located near Charter Oak Park, tennis courts, schools, shopping, public transportation, and just minutes from downtown. Current rents are below market, providing excellent value-add potential and the opportunity to increase future cash flow. The 3-car garage offers additional income potential. Approximately $45,000 in recent improvements include updated apartments, renovated bathrooms and 3 kitchens, new fire-rated doors, updated appliances, exterior powerwashing, freshly painted garage and entry doors, and a water heater replaced at the end of 2024. 3 gas and 1 oil heat. This is a turnkey investment with immediate income and long-term upside. (Profesional pictures will be updated by weekend)

13
beds

4
baths

4,563 Sq.Ft. LIVING AREA

0.26 Acres lot

Bob Virgulak

Bob Virgulak

Features & Amenities

Interior

  • total bedrooms13
  • Total bathrooms4
  • full bathrooms4

Area & Lot

  • Status Sold
  • Date Sold September 2, 2026
  • Living Area4,563 Sq.Ft.
  • Total Area4,563 Sq.Ft.
  • Lot Area0.26 Acres
  • MLS® ID24191138
  • TypeMulti-Family
  • YEAR BUILT1914
  • Architecture StylesUnits on different Floors
  • Water FrontageNot Applicable
  • Elementary SchoolPer Board of Ed
  • High SchoolManchester

Exterior

  • Garage Space3.0
  • water SourcePublic Water Connected
  • roofAsphalt Shingle
  • lot featuresLightly Wooded, Level Lot
  • parkingCovered Garage
  • HEAT TYPEHot Air
  • AIR CONDITIONINGNone
  • sewerPublic Sewer Connected
  • SubstructureConcrete
  • other exterior FeaturesBalcony, Gutters, Garden Area

Financial

  • Sales Price$700,000
  • Real Estate Tax $9,047/yr
  • Zoning RB

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