Multi Family Investment Properties for Sale in Manchester, CT
Currently Rented
Rental Income
$ 399,900
ROI
21.8
Cash Flow/m
223- 5 Bed
- 2 Bath
- 1900 sft
105 Florence Street, Manchester, CT, 06040
Currently Rented
Fix & Flip
Rental Income
$ 269,900
ROI
34.5Cash Flow/m
1106- 4 Bed
- 2 Bath
- 1586 sft
183 Spruce Street, Manchester, CT, 06040
Rental Income
$ 359,000
ROI
24.8Cash Flow/m
501- 4 Bed
- 2 Bath
- 2040 sft
18 Hemlock Street, Manchester, CT, 06040
$ 395,000
ROI
22.1Cash Flow/m
256- 6 Bed
- 4 Bath
- 2250 sft
45-47 Server Street, Manchester, CT, 06040
Why Invest in Manchester, Connecticut?
Multi-family properties in Manchester, CT offer strong investment potential with steady rental demand. Average rents around $1,850 support solid cash flows, while home values have appreciated 6-7% annually. Cap rates hover in the 6-8% range, bolstered by a competitive market where homes sell quickly. Renter occupancy remains high at about 40%, driven by local workforce needs. Low vacancy and consistent appreciation make this a reliable choice for passive income.
8.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$1250/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
6.8%
1Y Appreciation
Frequently Asked Questions
Average rents are around $1,850 per unit as of late 2025. This supports strong yields for investors. Demand remains consistent due to local employment.
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