3,476 Sq. Ft.
$102 / Sq. Ft.
3,476
Sq. Ft.
$102
per Sq. Ft.

Description

Excellent investment opportunity awaits in Manchester! This 4 family home is 100% occupied & all tenants are current on rent (even throughout COVID, with proof of payment available). Natural light fills these units with plenty of windows throughout, including bay windows featuring original woodwork. New roof 2019 & updates throughout individual units. Off street parking & yard space for tenants to enjoy the outdoors. Enjoy all this investment has to offer with an 8% CAP & 15% ROI.Excellent investment opportunity awaits in Manchester! This 4 family home is 100% occupied & all tenants are current on rent (even throughout COVID, with proof of payment available). Natural light fills these units with plenty of windows throughout, including bay windows featuring original woodwork. New roof 2019 & updates throughout individual units. Off street parking & yard space for tenants to enjoy the outdoors. Enjoy all this investment has to offer with an 8% CAP & 15% ROI.
  1. Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.
    P: (860)-508-2102 C: (860)-508-2102 mulveylisa@gmail.com
  2. Listed by Kimberly Jaramillo • Berkshire Hathaway NE Prop.
    P: (860)-620-7667 C: (860)-620-7667 kimjaramillo@bhhsne.com

Property Details for 89 Ridge Street

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Units on different Floors, Units are Side-by-Side
Garage Parking Info
Paved, Off Street Parking
Swimming Pool
No
LISTING CLOSED: 06/25/2021 12:00 AM

Property Details for 89 Ridge Street

StatusClosed
MLS #170367541
Days on Market138
Taxes$6,297 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 4 Family
Year Built1907
Lot Size0.32 AC / 13,939 SF
CountyHartford County

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Kimberly Jaramillo

Sold By Berkshire Hathaway NE Prop., Nadia Goracy

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Building Information for 89 Ridge Street

Stories-Residences4Year Built1907Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

$2,329 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,804

Property Taxes

$525

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 89 Ridge Street

Summary
Property and Location
  • Acres Source: Public Records
  • Association Amenities: None
  • Directions: Per GPS
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.771297
  • Longitude: -72.534983
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2020-June 2021
  • Property Tax: $6,297
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Gas on Gas
  • Attic YN: Yes
  • Laundry Room Info: Basement Hook-Up(s)
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Shingle, Clapboard
  • Foundation Type: Concrete
  • Fuel Tank Location: Non Applicable
  • Gross SQFT Per Public Records: 7246
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1907
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3476
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 2429719
  • Sq Ft Est Heated Above Grade: 3476.0
  • Sq Ft Total: 3476.0
  • Zoning: RB
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 4
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 4
Unit 1
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 02-11-2021
  • Unit Monthly Rent: $995
  • Unit Num Bedrms: 2
Unit 2
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 02-11-2021
  • Unit Monthly Rent: $995
  • Unit Num Bedrms: 2
Unit 3
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 02-11-2021
  • Unit Monthly Rent: $995
  • Unit Num Bedrms: 2
Unit 4
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 02-11-2021
  • Unit Monthly Rent: $1,035
  • Unit Num Bedrms: 2

Property History for 89 Ridge Street

DateEvent & SourcePriceAppreciation
Jun 25, 2021

Closed (Public Record)

Public Record #1465573805

$355,000

+14.3% / yr

Sep 16, 2019

Closed (Public Record)

Public Record #653529907

$280,000
Sep 16, 2019

Closed (Public Record)

Public Record #1335153208

$280,000

+343.0% / yr

DateEvent & SourcePrice
06/25/2021

Closed (Public Record)

Public Record #1465573805

$355,000

+14.3% / yr

09/16/2019

Closed (Public Record)

Public Record #653529907

$280,000
09/16/2019

Closed (Public Record)

Public Record #1335153208

$280,000

+343.0% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 89 Ridge Street

Taxable ValueLand$32,300Additions$178,300Total$210,600
Tax Record2025$8,386 ($699 / month)
Home Facts
Baths4Total Finished SqFt4,876 SqFtAbove Grade Finished SqFt3,476 SqFtFinished Basement SqFt1,400 SqFtUnfinished Basement SqFt1,400 SqFtStories3Lot Size13,939 SqFtStyleMiscellaneous CommercialYear Built1907Year Renovated1907ZoningRBCountyCAPITOLAPNMCHS M:62 B:4800 L:89

Schools near 89 Ridge Street

This home is within Manchester School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Washington School
PublicK to 4

Elisabeth M. Bennet Academy
Public5 to 8

Illing Middle School
Public7 to 8

Manchester High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway NE Prop., Lisa Cozzi; Berkshire Hathaway NE Prop., Kimberly Jaramillo

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.