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12 Arch Street

Manchester, Connecticut 06040

PENDING$725,000
Beds
10
Baths
4
SqFt
4,659
Acres
0.40
Year Built
1906
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

**BEST AND FINAL by Wednesday 12 pm**....Set behind a classic stone wall and framed by mature trees, 12-14 Arch Street presents a rare opportunity to acquire a fully occupied 4-family asset combining strong in-place cash flow, timeless New England character, and meaningful upside potential. Generating over $103,000 in annual gross income, the property features an ideal unit mix of two 2-bedroom apartments and two 3-bedroom apartments, providing broad tenant appeal and long-term stability. Each apartment offers spacious layouts, abundant natural light, hardwood flooring, updated kitchens and baths, and the architectural charm that continues to attract quality tenants. Enclosed porches, oversized windows, and classic period details create a living experience that stands apart from typical multifamily offerings. The current ownership includes heat in the rent (newer gas boiler) while tenants are responsible for their own electric and other household utilities. With upcoming lease turnover opportunities, investors have multiple ways to boost returns while keeping strong occupancy. Conveniently located near downtown Manchester, shopping, restaurants, parks, and major commuter routes, It offers the rare combination of immediate cash flow, stable tenancy, and future value add.

Key Facts

City/Town
Manchester
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors,Units are Side-by-Side
Year Built
1906
Days on Market
47 days
Beds
10
Baths
4 full
Living Area
4,659 sq ft
Lot Size
0.40 acres
Property Taxes
$9,135 / Annually

Market Snapshot

The Manchester Market

Multi-Family · trailing 12 months

Median Days on Market

6

3 active listings

Median $ / Sq Ft

$148

3 active listings

Sale-to-List Ratio

104.3%

66 sales

How this home compares

List Price

$725,000

vs $374,900 median

93.4% above median

Price / Sq Ft

$156

vs $148 median

5.4% above median

Days on Market

47 days

vs 6 days median

41 days longer than median

Based on 3 active and 66 closed sales (trailing 12 mo) of multi-family in Manchester. Source: SmartMLS · As of July 28, 2026.

Location

12 Arch Street, Manchester, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,700

per month

  • Principal & Interest$3,697
  • Property Taxes$761
  • Insurance$242
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Manchester
Neighborhood
N/A
County
Hartford

Residence

Property Type
Multi-Family
Subtype
Quadruplex
Style
Units on different Floors,Units are Side-by-Side
Year Built
1906
New Construction
No/Resale
Living Area
4,659 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Natural Gas
Cooling
Ceiling Fans
Laundry
Washer/Dryer Some Units
Basement
Full

Exterior & Lot

Lot Size
0.40 acres
Zoning
RB
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Aluminum
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level Lot

Listing & Financials

Property Taxes
$9,135 / Annually
Days on Market
47
MLS #
24182804
MLS Status
Under Contract
Financing
FHA,VA,CHFA,Renovation,USDA

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Mustafa Muaremi

(860) 877-4682

Coldwell Banker Realty

(860) 674-0300

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 5:20 AM UTC.