Looking for Advice on Manchester, CT

[Anne Cullen]

Hi Y'all,

I am 29 and married.  My husband and I both have regular W2 jobs.  I work as a Nurse Practitioner, he works as a manager of sustainability for a large company.  We've grew up in southeastern CT and recently moved back. My new job will be in Manchester, CT/Greater Hartford area.  We're looking to house hack into our first rental unit by buying a 2-4 unit property as an owner occupant. We've looked at Manchester, it has quite a few multi-units coming available, the city has 6.5% growth and the median family home price is not exorbitant.  We're looking to stay between $180k-300K.  We both have excellent credit and are living rent free with family due to a medical emergency (not for either of us). Only debt is ~ 16k on a car loan. We've got about $30K saved as a downpayment outside of an emergency fund.  Does anyone have any experience with the area or thoughts on Manchester as a potential spot?  Anyone see any concerns with the fact that I've been seeing a lot of duplexes pop up for sale but can't find a lot of available rental units? Is this just seasonality? Or is there an exodus of landlords in the area?

Thanks in advance!

[William Collins]

@Anne Cullen  I own 6 duplexes in the town, and can give you a neighborhood by neighborhood view if needed.  I like the town as it is also the edge of the commute range for UConn students (25 minutes to campus).  So if they are going to university and doing an internship it is a good middle town.