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.
Multi-familyProperty Type
1907Year Built
0.32 acresLot Size
$155Est. Price/Sq.Ft.
Listed by Lisa Cozzi• Berkshire Hathaway NE Prop.
Listed by Kimberly Jaramillo• Berkshire Hathaway NE Prop.
Bought with Nadia Goracy• Berkshire Hathaway NE Prop.
Source:Smart MLS #170367541
Redfin Estimate
$540,109
$185K since sold in June 2021$11K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.6% higher than the average sale price ($448K) of 6 comparable homes.
Great potential in this lovely 4 Family. Convenient Location Rare investment opportunity
Year
Property tax
Land + Additions
Assessment*
2025
$8,386 (+3.8%)
$32,300 + $178,300
$210,600
2024
$8,080 (+4.0%)
$32,300 + $176,600
$208,900
2023
$7,771 (+3.0%)
$32,300 + $176,600
$208,900
2022
$7,545 (+19.6%)
$32,300 + $176,600
$208,900
2021
$6,306 (+0.1%)
$29,400 + $121,000
$150,400
2020
$6,297 (+0.4%)
$29,400 + $121,000
$150,400
2019
$6,272 (+1.9%)
$29,400 + $121,000
$150,400
2018
$6,153 (+2.9%)
$29,400 + $121,000
$150,400
2017
$5,978 (+31.6%)
$29,400 + $121,000
$150,400
2016
$4,543 (+2.7%)
$37,400 + $77,100
$114,500
2014
$4,425 (+3.2%)
$37,400 + $77,100
$114,500
2011
$4,287
$37,400 + $77,100
$114,500
Tax history for 89 Ridge St
Year
Property tax
Land + Additions
Assessment*
2025
$8,386 (+3.8%)
$32,300 + $178,300
$210,600
2024
$8,080 (+4.0%)
$32,300 + $176,600
$208,900
2023
$7,771 (+3.0%)
$32,300 + $176,600
$208,900
2022
$7,545 (+19.6%)
$32,300 + $176,600
$208,900
2021
$6,306 (+0.1%)
$29,400 + $121,000
$150,400
2020
$6,297 (+0.4%)
$29,400 + $121,000
$150,400
2019
$6,272 (+1.9%)
$29,400 + $121,000
$150,400
2018
$6,153 (+2.9%)
$29,400 + $121,000
$150,400
2017
$5,978 (+31.6%)
$29,400 + $121,000
$150,400
2016
$4,543 (+2.7%)
$37,400 + $77,100
$114,500
2014
$4,425 (+3.2%)
$37,400 + $77,100
$114,500
2011
$4,287
$37,400 + $77,100
$114,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
12
Baths
4.5
Stories
3
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
—
Sq. Ft.
8,646
Year built
1907
Style
Multi-Family (5+ Unit)
County
Hartford County
APN
2429719
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
Sep 14, 2026 • Active
Commercial or multi-family hvac repair & replacement mechanical permit application
HVAC
Feb 17, 2026 • Final
Commercial or multi-family addition / alteration building permit application
Install new fire-rated doors with self-closing and positive latching mechanisms. Install new handrails on the rear stairs and hallway to meet accessibility standards. Repair and upgrade existing ceilings to meet fire rating requirements.
Electrical
Grading
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage Information
Garage & Parking: Paved, Off Street Parking
Interior
Interior Information
Laundry Room Info: Basement Hook-Up(s)
Bathroom Information
# of Baths (Full): 4
Bedroom Information
Beds Total: 8
Room Information
Basement Description: Full
Has Attic
Multi-Unit Information
Unit Count: 4
Total Number of Units: 4
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Shingle, Clapboard
Lot Information
Lot Description: Level Lot
Building Information
Foundation Type: Concrete
Construction Description: Frame
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 4 Family
Living Area SQFT Per Public Record: 3476
Financial
Assessments Information
Assessed Value: $150,400
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Natural Gas
Heat Type: Gas on Gas
Heat Fuel Type: Natural Gas
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Directions: Per GPS
County: Hartford
Public facts
Beds: 12
Baths: 4.5
Sq. Ft.: 8,646
Stories: 3.0
Lot Size: 0.32 acres
Style: Multi-Family (5+ Unit)
Year Built: 1907
Year Renovated: —
County: Hartford County
APN: 2429719
Home facts updated by county records on Jul 10, 2026
Other
Documents & Disclosures
Supplement Count Public: 4
Around this home
Schools
Verplanck School
Public PreK-4 • Assigned • 1.0mi
2/10
Illing Middle School
Public 7-8 • Assigned • 1.5mi
4/10
Manchester High School
Public 9-12 • Assigned • 1.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Manchester, CT • 06040
Average low and high temperatures (°F)
33
19
36
20
53
32
62
41
69
50
81
60
85
67
80
58
75
55
64
45
52
35
38
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.5 hours in December, which is comparable to the
U.S. average for solar exposure.