For Sale
$1,500,000

79 Balance Rock Rd UnitSeymour, CT 06483

Six-unit condo complex, high ROI, low maintenance.

Overview

Added:
Feb 3
Days on market:
61
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

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79 Balance Rock Rd Unit
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