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Two-Unit Duplex with Updated Unit
For Sale
$399,900

105 Florence St, Manchester, CT 06040

Separate two- and three-bedroom apartments are occupied under leases extending through December 31, 2026.

Property Size1,900 SF
Price / SF$210.47
Days on Market12

Property Features for 105 Florence St

General Information

Standard status Active
Size 1,900 SF
Property subtype Residential Income

Units

Unit Mix 1 x 2BR, 1 x 3BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,351

Building Details

Tenancy Multi
Listing Agency: eXp Realty
Listed By: Jeffrey A. Rothman
Source: Exprealty
Added: Sep 24 Changed: Oct 4 Last Checked: Oct 4 at 3:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This duplex contains two apartments: one with two bedrooms and another with three. The two-bedroom side has been updated, and both apartments are currently occupied by tenants with leases through December 31, 2026. The roof is approximately five years old, and the property provides off-street parking.

Tenants pay for their own gas heat, hot water, and electricity. Water and sewer are paid by the owner.

Key Highlights

  • Two apartments: one 2‑bedroom unit and one 3‑bedroom unit
  • Both units occupied with leases in place through December 31, 2026
  • Updated 2‑bedroom unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Kitchen & Bath Showroom Skin Care Clinic Furniture & Home Goods Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,093
Businesses Nearby

Demographics for 06040, CT

35,676
Population
15,550
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
2,111
Density / Sq Mi
$84,741
Median Household Income
$48,208
Median Earnings
$1,361
Median Rent
$238,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Separate two- and three-bedroom apartments are occupied under leases extending through December 31, 2026.
Where is this duplex located?
The property is located at 105 Florence St Manchester, CT.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two apartments: one 2‑bedroom unit and one 3‑bedroom unit; Both units occupied with leases in place through December 31, 2026; Updated 2‑bedroom unit
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