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18 Arch Street

Manchester, Connecticut 06040

PENDING$700,000
Beds
10
Baths
4
SqFt
3,840
Acres
0.31
Year Built
1919
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**....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

Key Facts

City/Town
Manchester
Neighborhood
N/A
Property / Style
Multi-Family · Units are Side-by-Side,4sides - Units Are Side-by-Side
Year Built
1919
Days on Market
47 days
Beds
10
Baths
4 full
Living Area
3,840 sq ft
Lot Size
0.31 acres
Property Taxes
$8,466 / 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

$700,000

vs $374,900 median

86.7% above median

Price / Sq Ft

$182

vs $148 median

23.0% 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

18 Arch Street, Manchester, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,508

per month

  • Principal & Interest$3,569
  • Property Taxes$706
  • Insurance$233
  • 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 are Side-by-Side,4sides - Units Are Side-by-Side
Year Built
1919
New Construction
No/Resale
Living Area
3,840 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Oil
Cooling
Ceiling Fans
Basement
None

Exterior & Lot

Lot Size
0.31 acres
Zoning
RB
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Aluminum
Roof
ShingleGable
Foundation
Concrete
Lot Description
City ViewsLevel Lot

Listing & Financials

Property Taxes
$8,466 / Annually
Days on Market
47
MLS #
24182827
MLS Status
Under Contract
Financing
FHA,VA,CHFA,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 5:25 AM UTC.