Seymour, CT 06483,79 Balance Rock Road
Seymour, CT 06483,79 Balance Rock Road
Seymour, CT 06483,79 Balance Rock Road
Seymour, CT 06483,79 Balance Rock Road
Seymour, CT 06483,79 Balance Rock Road
Seymour, CT 06483,79 Balance Rock Road
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$ 1,500,000
Est. payment | /mo

9 Beds

6 Baths

685 SqFt


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$ 1,500,000
Est. payment | /mo
Save

9 Beds

6 Baths

685 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 685 sqft

Price per Sqft $2,189

MLS Listing ID 24070164

Style Units on different Floors,Units are Side-by-Side

Bedrooms 9

Full Baths 6

HOA Fees $301/mo

Year Built 1970

Annual Tax Amount $14,118

Lot Size 1.500 Acres

Property Sub-Type 5 Family+

Property Description

Rarely available, package of six warrantable condo units at Balance Rock Condominiums in Seymour, CT that offer a low-risk investment opportunity with a fully rented portfolio and minimal maintenance requirements, making it an excellent choice for real estate investors seeking stable cash flow and portfolio diversification. Situated on a serene hilltop with easy access to major highways and employment hubs, this well-established complex features a mix of (3) one- and (3) two-bedroom units that appeal to a broad tenant base, including young professionals, retirees, and small families. With strong rental demand and reliable occupancy, the property generates consistent income while requiring low operational oversight thanks to an effective HOA that not only manages common area maintenance but also pays and services all heating and hot water systems. Amenities such as an in-ground pool, playground, laundry, additional storage, ample parking, tennis/basketball courts, and a clubhouse enhance resident satisfaction, while the nearby parks, hiking trails, and a charming downtown add to its appeal. With steady rental growth, manageable entry costs, and value-add opportunities through targeted renovations, Balance Rock Condominiums presents a secure and attractive option for investors looking to capitalize on CT's affordable housing market. The complex also features a great location close to shopping, library, restaurants, train station, Rt. 8, 67, & 34.

Location

State CT

County New Haven

Zoning MF

Rooms

Basement Full, Shared Basement

Interior

Heating Hot Water

Cooling Wall Unit

Exterior

Exterior Feature Sidewalk, Deck, Gutters, Lighting

Parking Features None, Paved, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Lightly Wooded, Level Lot, Rolling

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Seymour

Listed by Amanda Faroni-Sheehan • Oxford Realty
agent
Jon Sigler

Sales Associate | RES. RES.0808054

+1(860) 306-8029 | jon.sigler@cbrealty.com

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79 Balance Rock Road