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21 Gorman Place

Manchester, Connecticut 06040

COMING SOON - NEW$425,000
Beds
6
Baths
2 | 2
SqFt
1,944
Acres
0.17
Year Built
1900
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Fabulous INVESTMENT opportunity to own 4-Cash-flowing Units with 3 assets in one!! 21-23 Gorman Place is a 2-Family being sold in conjunction with its sister 2-family 17-19 Gorman Place (MLS#24194974) and .26 acre lot of land at 79 Linden St (MLS#...) across the street!! 21-23 Gorman offers 2 beautifully updated units, each with 3 bedrooms, 1.5 baths and an open kitchen & living room area with 972 sq footage each. Tremendous asset value with SO many updates made throughout! Separate laundry area in basement for each unit with storage space, and potential finishing. Huge unfinished attic area for storage and potential finishing. Charming hardwood floors throughout the living areas and bedrooms, beautifully remodeled bathrooms with finishing touches like subway tile and tasteful paint colors. Stylish kitchens offer stainless steel appliances, newer tile floors, subway tile backsplash and shaker cabinetry! A charming front porch and lovely backyard offer a serene space to get away from it all. Pride of ownership shows with so many updates throughout including CT Dry Basements waterproofing & sump pump w/transferrable warranty, new HVAC in 2022, plumbing, electrical and windows in 2019 and exterior was painted in 2018 and maintained throughout! Not to mention is it walking distance to Main St's shops and restaurants! Property is under market rents, and is currently grossing $3,400 in cash flow- this special 2 Family is one NOT to miss!

Key Facts

City/Town
Manchester
Neighborhood
N/A
Property / Style
Multi-Family · Units are Side-by-Side
Year Built
1900
Days on Market
0 days
Beds
6
Baths
2 full · 2 half
Living Area
1,944 sq ft
Lot Size
0.17 acres
Garage / Parking
4 total
Property Taxes
$6,945 / Annually

Market Snapshot

The Manchester Market

Multi-Family · trailing 12 months

Median Days on Market

7

3 active listings

Median $ / Sq Ft

$148

3 active listings

Sale-to-List Ratio

104.3%

66 sales

How this home compares

List Price

$425,000

vs $374,900 median

13.4% above median

Price / Sq Ft

$219

vs $148 median

48.0% above median

Days on Market

0 days

vs 7 days median

7 days fresher than median

Based on 3 active and 66 closed sales (trailing 12 mo) of multi-family in Manchester. Source: SmartMLS · As of July 29, 2026.

Location

21 Gorman Place, Manchester, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,888

per month

  • Principal & Interest$2,167
  • Property Taxes$579
  • Insurance$142
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Manchester
Neighborhood
N/A
County
Hartford

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units are Side-by-Side
Year Built
1900
New Construction
No/Resale
Living Area
1,944 sq ft

Schools

Elementary
Per Board of Ed
High
Manchester

Interior

Heating
Hot Air
Heat Fuel
Natural Gas
Cooling
None
Laundry
Basement Hook-Up(s)Washer/Dryer All Units
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.17 acres
Zoning
CBD
Garage / Parking
4 total parking spacesParking LotDrivewayOther
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Wood
Roof
Asphalt Shingle
Foundation
ConcreteStone
Exterior Features
Underground UtilitiesPorchGutters
Lot Description
N/A

Listing & Financials

Property Taxes
$6,945 / Annually
Days on Market
0
MLS #
24195139
MLS Status
Coming Soon

Similar Properties

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Listed By

Chelsey DeFrancesco

(203) 815-8812

eXp Realty

(866) 828-3951

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/29/2026 at 4:02 AM UTC.