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Rare Manchester Multifamily Opportunity
For Sale
$429,900
Pending

3 Packard Street, Manchester, CT 06040

Unique Manchester multifamily property with updated units and fireplaces.

Property Size2,310 SF
Days on Market111

Property Features for 3 Packard Street

General Information

Standard status Pending
Size 2,310 SF
Property subtype 2 Family

Building Details

Year Built 1969
Listing Agency: ERA Blanchard & Rossetto
Listed By: Eric Gregan
Source: Lockandkeyre
Added: May 15 Changed: Aug 23 Last Checked: Aug 23 at 7:05AM

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 ERA Blanchard & Rossetto

Investment Insights

Based on property information with market context.

This rare multifamily property is located in a quiet and convenient part of Manchester. The ranch-style brick building features side-by-side units, each containing 3 bedrooms and 1 full bathroom. The units include eat-in kitchens and large living rooms with hardwood floors. A total of 4 wood-burning fireplaces provide warmth. Both units have full basements with internal central access, partially finished with wood-burning fireplaces, large storage space, and separate laundry hookups. Unit #5 has been recently renovated with a new kitchen including high-end appliances, an updated bathroom, refinished hardwood floors, LED recessed lighting, and fresh paint. This property presents an opportunity for investors, owner-occupants, or extended families. The bike score is 62, indicating it is bikeable, and the walk score is 62, meaning it is somewhat walkable.

Key Highlights

  • Rare multi‑family ranch‑style brick building.
  • Two units, each with 3 bedrooms and 1 full bathroom.
  • Unit #5 recently renovated with new kitchen (high‑end appliances), updated bathroom, redone hardwood floors, LED lighting, and fresh paint.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store Bakery Food Market

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

Location Intelligence

Trade Area within ½ mile

326
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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Unique Manchester multifamily property with updated units and fireplaces.
Where is this duplex located?
The property is located at 3 Packard Street Manchester, CT.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Rare multi‑family ranch‑style brick building.; Two units, each with 3 bedrooms and 1 full bathroom.; Unit #5 recently renovated with **new kitchen (high‑end appliances), updated bathroom, redone hardwood floors, LED lighting, and fresh paint.**
More about this property
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