Discover the potential in this spacious 2 family home that was thoughtfully converted into a commercial office space, offering a unique opportunity to restore it to residential living. The property retains its original multifamily layout, providing flexibility for a variety of future uses. The interior features multiple office rooms, meeting areas, and common spaces that can easily be reimagined into comfortable living areas. To return the property to full residential function, kitchens will need to be added to each unit, allowing the next owner to design customized spaces that suit their needs. With its solid structure, generous square footage, and adaptable floor plan, this property is an excellent canvas for renovation or continued commercial use. Whether you envision restoring it to a traditional 2 family residence, creating a mixed use setup, or maintaining it as office space, the possibilities are wide open. A rare opportunity to shape a property to your vision in a desirable location with strong long term potential. Will not qualify for conventional financing. Must be Cash or Investor financing.
Investment Meets Opportunity! This income-producing multifamily property in Mandeville’s prestigious Waltham community offers modern comfort, high rental yield, and long-term security. Featuring a 4-bedroom main residence with garage, five 2-bedroom apartments, and one 1-bedroom apartment, the property is 95% occupied, generating ˜ USD $1,400/month with growth potential. Fully walled with electronic gate, move-in ready, and well maintained. Live in one unit and rent the rest — tenants can cover your mortgage. Enjoy peace, convenience, and strong cash flow in a sought-after family-friendly location.
Discover an exceptional income-producing investment in the highly sought-after community of Waltham, Mandeville. This modern, newly constructed multifamily complex offers strong rental demand, a consistent 100% occupancy rate, and zero deferred maintenance, ensuring immediate, reliable cash flow from day one. Designed with quality finishes throughout, the property features secure gated access, ample onsite parking, landscaped grounds, and a clean, well-maintained environment that appeals to long-term tenants. Its prime location places residents within minutes of essential services, shopping, schools, transportation, major institutions, and convenient highway access, making it a preferred choice for renters seeking comfort and convenience. With minimal operating costs, stable tenancy, and a proven revenue stream, this property offers a low-risk, high-yield investment ideal for both seasoned investors and those seeking a hands-off, passive income model. Located in one of Manchester’s most desirable and rapidly developing residential areas, it also provides excellent potential for future appreciation and long-term financial growth. This is a rare opportunity to secure a stable, turn-key, income-generating asset engineered for consistent performance, long-term value, and ongoing profitability in any market.
Unique mixed-use property on busy road with .27-acre lot, zoned B2/RA and Commercial 94. Front structure first floor was converted to an 804 square foot office and display room with a half bath, now used as a plumbing company. The upstairs of this building has an 804 square foot, 3 room (one bedroom) apartment with a walk-up attic. There is also a walkout basement with that was used for parts storage, which also has a half bath. The rear building was built in 1996 and was used as a fabricating shop and is a one story 936 square foot ground floor garage type structure with a floored walk-up attic, 10-foot-high drive-in bay, 10x10 overhead, metal door. This space has a bathroom and its own heat. Paved parking for 14 vehicles.
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Manchester is located in Connecticut. Manchester, Connecticut has a population of 59,452. Manchester is less family-centric than the surrounding county with 26.88% of the households containing married families with children. The county average for households married with children is 29.12%.
The median household income in Manchester, Connecticut is $78,598. The median household income for the surrounding county is $80,320 compared to the national median of $69,021. The median age of people living in Manchester is 36.8 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 49.2 inches per year, with 35.6 inches of snow per year.
