Homes for sale - 76 Summer Street #4, Manchester, MA 01944

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Will Coughlan

will@coughlanluxury.com +1(978) 560-7155

$ 2,197,000

Est. payment | -/mo

4 Beds

4 Baths

10,644 SqFt

Save

$ 2,197,000

Est. payment | -/mo

Save

4 Beds

4 Baths

10,644 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 10,644 sqft

Price per Sqft $206

MLS Listing ID 73318441

Bedrooms 4

Full Baths 4

Year Built 1900

Annual Tax Amount $11,135

Tax Year 2024

Lot Size 0.370 Acres

Acres 0.37

Property Description

This is a rare offering of an office building, situated on 16,200 sf with more than 19 parking spaces, located just 2/10 of a mile from the town center and the commuter rail. The property provides many potential investment opportunities including, subject to town approval, multiple luxury condominiums, an apartment building for short or long-term rentals, or remaining as is. Architectural plans and renderings for potential luxury condominiums have been produced and are available. In its current use, the owner estimates future annual total rents of $156,000. The large unfinished lower level provides substantial space to lease for storage, shipping, or workshops. With the potential for both immediate income and redevelopment this is an outstanding opportunity for investors and developers to capitalize on a prime location in Manchester. Renderings are of a proposed luxury condominium development which is subject to town approval.

Location

State MA

County Essex

Zoning G

Direction SUMMER STREET

Rooms

Basement Y

Interior

Heating Heat Pump

Cooling Central Air

Exterior

Garage Spaces 1.0

Community Features Public Transportation, Shopping, Highway Access, Marina, Public School

Waterfront Description Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 19

Garage Yes

Building

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Churchill Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 560-7155

will@coughlanluxury.com

73 Paine Ave, Prides Crossing, MA, 01965, USA

76 Summer Street #4 Manchester, MA 01944