365 Olcott Street

Manchester, CT 06040

$575,000
Price
241,758 / 5.55
Lot Size / Acres

Description

This prime location listing is for a total of 5.55 acres in 3 parcels of ~560 ft of frontage on Spencer St and over 13,000 vehicles per day (according to CT DOT), which must be sold as one package. #363 Olcott St. is .45 acre parcel, #365 Olcott St. is .23 acre and has a residential home on site, #11 Spencer St. is 4.87 acres and has a small 810 sf retail building and a residential home on site. All tenants on month to month leases. See attached info. High traffic area with easy access to Interstate...This prime location listing is for a total of 5.55 acres in 3 parcels of ~560 ft of frontage on Spencer St and over 13,000 vehicles per day (according to CT DOT), which must be sold as one package. #363 Olcott St. is .45 acre parcel, #365 Olcott St. is .23 acre and has a residential home on site, #11 Spencer St. is 4.87 acres and has a small 810 sf retail building and a residential home on site. All tenants on month to month leases. See attached info. High traffic area with easy access to Interstate Highways - 384 or 84. There is a traffic signal at this corner - Olcott and Spencer. PLEASE NOTE THE OWNERS ARE WORKING WITH THE tOWN AND THERE IS AGREEMENT TO ABANDON OLCOTT STREET WEST WHICH WILL MAKE ALL 3 PARCELS CONTIGUOUS BRINGING TOTAL ACREAGE TO APPROX. 6 ACRES. Property has excellent potential for commercial or business development due to General Business Zone. There is a need for housing in Manchester and an approval for housing is a possible option.
  1. Listed by Dick S Borden • Borden-Lombardi Realty, LLC
    P: (860) 463-8103 C: (860) 463-8103 r.borden@cox.net

Property Details for 365 Olcott Street

Direct Waterfront
No
Location
Highway Access, Suburban, Shopping Mall, Strip Mall, Other
Neighborhood
N/A

Location

Listing Courtesy of Borden-Lombardi Realty, LLC, Dick S Borden
Add your commute
LISTING UPDATED: 01/15/2024 07:49 PM

Property Details for 365 Olcott Street

StatusUnder Contract
MLS #170298631
Days on Market732
Taxes$10,702 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial Land
Year Built-
Lot Size5.55 AC
CountyHartford County

Location

Listing Courtesy of Borden-Lombardi Realty, LLC, Dick S Borden
Add your commute

Building Information for 365 Olcott Street

Lot Size5.55 AC

Payment Calculator

$4,030 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$892

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 365 Olcott Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Hartford Road to corner of Spencer and Olcott
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Latitude: 41.768612
  • Longitude: -72.560074
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Special Association Assessment: No
  • Property Tax: $10,702
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Property
Property and Assessments
  • New Construction Type: No/Resale
  • Road Frontage Approximate: 560
  • Road Frontage Description: Municipal Street, Paved Road
  • SubdividableU: Unknown
  • Bank Owned Property: No
Lot Information
  • Documents Available: Legal Description
  • Lot Description: Level Lot, Sloping Lot, Treed
  • Parcel Number: 2136931
  • Zoning: General Business
Utilities
  • Septic Approval YN: No
  • Septic Plan Available YN: No
  • Sewage System: Public Sewer Connected
  • Sewer Assess Description: metered based on water consumption
  • Utilities Available: Electric, Gas, Phone Available, Cable
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
Building Details
  • Lots Number Of: 3

Public Records for 365 Olcott Street

Taxable ValueLand$22,100Additions$94,600Total$116,700
Tax Record2023$4,341 ($362 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,597 SqFtAbove Grade Finished SqFt1,597 SqFtStories1Lot Size10,019 SqFtStyleSingle Family ResidenceYear Built1942ZoningB3CountyHARTFORDAPNMANC M:33 B:4300 L:365

Schools near 365 Olcott Street

This home is within Manchester School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Verplanck School
PublicK to 4

Elisabeth M. Bennet Academy
Public5 to 6

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Borden-Lombardi Realty, LLC, Dick S Borden

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.