This exceptional investment opportunity presents a portfolio of six warrantable condo units nestled within the desirable Balance Rock Condominiums in Seymour, Connecticut. This rarely available package offers a low-risk, high-return investment with a fully rented tenant roster and minimal maintenance demands. The property comprises three one-bedroom and three two-bedroom units, catering to a diverse tenant base including young professionals, retirees, and small families. Located on a tranquil hilltop, the complex enjoys convenient access to major highways (Rt. 8, 67, & 34) and significant employment centers. The well-established community boasts an impressive array of amenities designed to enhance resident satisfaction and retention, including an in-ground pool, playground, laundry facilities, ample parking, tennis and basketball courts, a clubhouse, and additional storage. The property sits on a 1.5-acre lot and totals 4,755 square feet. The strong rental demand and high occupancy rates ensure consistent income generation, while the efficient Homeowners Association manages common area maintenance and covers the costs of heating and hot water systems, minimizing operational oversight for the owner. The property benefits from its proximity to local amenities such as shopping centers, a library, restaurants, and a train station. Nearby parks and hiking trails further enhance the appeal of this location. With steady rental growth potential, manageable acquisition costs, and opportunities for value enhancement through targeted renovations, this portfolio represents a secure and attractive investment in Connecticut's thriving housing market. The asking price for this exceptional property is $1,500,000.
Property Details
for 79 Balance Rock Rd Unit
Property type
Square Feet
4,755 SF
Year Built
1970
Lot Size (sq. ft)
65,340 SF
Location Insight
City
Seymour
County
New Haven
State
Connecticut
Latitude
41.39159
Longitude
-73.09491
79 Balance Rock Rd Unit, Seymour, Connecticut
Nearby Similar for Sale
For Sale
$2,450,000
Seymour, CT Mixed-Use Investment
Prime Seymour location, high NOI, great potential.
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79 Balance Rock Rd Unit, Seymour, Connecticut, 06483
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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