This rare opportunity offers a fully occupied 5-unit multifamily property in the heart of downtown Manchester. Three units feature one bedroom, 1 unit has 2 bedrooms, and the other unit has 3 bedrooms, all with one bathroom...making it ideal for steady rental income in a highly desirable area. This property is conveniently close to major bus lines, the location provides easy access to shopping, dining, and public transportation, which tenants love. The property has undergone recent updates, including new roof, positioning it well for long-term stability. Five separately rented garage bays also comes with this property, providing rare, high-margin auxiliary income. Additionally included in the sale is an approved building lot zoned for a 4-family (207 Center Street). This is a strong investment opportunity for buyers looking to expand their portfolio. Property to be sold "AS IS." *Not all units are shown in photos
Under contract
$699,888
203 Center Street, Manchester, CT 06040
8beds
4,104sqft
Est.:
Multi Family
Built in 1910
-- sqft lot
$710,400 Zestimate®
$171/sqft
$-- HOA
What's special
- 78 days |
- 41 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: January 11, 2026 at 08:17am
Listed by:
Margaret Wilcox Team,
Nichole Currie-Baribault (860)810-3776,
William Raveis Real Estate 860-633-0111
Source: Smart MLS,MLS#: 24142547
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air, Steam, Other, Natural Gas, Oil
Cooling
- Ceiling Fan(s)
Appliances
- Included: Water Heater
Features
- Basement: Full,Unfinished
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 4,104
- Total interior livable area: 4,104 sqft
- Finished area above ground: 4,104
Property
Parking
- Total spaces: 5
- Parking features: Detached
- Garage spaces: 5
Lot
- Size: 6,098.4 Square Feet
- Features: Level
Details
- Parcel number: 2424094
- Zoning: B2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors,Units are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Manchester
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $202,500
- Annual tax amount: $8,064
- Date on market: 12/1/2025
Estimated market value
$710,400
$675,000 - $746,000
$1,885/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Pending sale | $699,888$171/sqft |
Source: | ||
| 12/1/2025 | Listed for sale | $699,888+80.4%$171/sqft |
Source: | ||
| 8/8/2022 | Sold | $388,000+8.1%$95/sqft |
Source: | ||
| 7/27/2022 | Contingent | $359,000$87/sqft |
Source: | ||
| 6/14/2022 | Listed for sale | $359,000+94.1%$87/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$4,561/mo
Principal & interest
$3301
Property taxes
$1260
Climate risks
Neighborhood: Central Manchester
Nearby schools
GreatSchools rating
- 2/10Verplanck SchoolGrades: K-4Distance: 1.3 mi
- 4/10Illing Middle SchoolGrades: 7-8Distance: 1.2 mi
- 4/10Manchester High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Verplanck
- High: Manchester
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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