Why Buying a Multi-Family is a Smart Move to Own a Home?

Don’t you want to paint your walls without worrying about the landlord?

With the current mortgage interest rate at historical low–under 4 percent for qualified borrowers– and affordable home prices, these are favorable conditions for first-time home buyers. In Manchester Connecticut, there is a huge inventory of homes under $250,000.

Take a look at this mortgage payment options and think why buying a multi-family will help you pay your mortgage to own your home and become your own landlord.

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Furthermore, Currently, there are 36 Multi-Family Homes for sale in Manchester. Average List Price for this homes is $ 208,478 with average square feet of 2,821. The median list price which separates the higher half from the lower half is $189,950 with median square feet of 2,473. The average days on the market is 182 days.