New Listing - 01/22/2025

$1,500,000 ($2,189.78 per sqft)

Est. Mortgage $7,389/mo *

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79 Balance Rock Road, Seymour, (Bungay), CT, 06483

79 Balance Rock Road, Seymour, (Bungay), CT, 06483
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21 rooms

9 beds

6 Full baths

1970

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

685 sqft

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.

Status:

Active

Town:

Seymour

Type:

Multi-family

Laundry Remarks:

Common Laundry Area

Units:

6

Zoning:

MF

Garage:

None, Paved, Off Street Parking

Heating:

Hot Water

Cooling:

Wall Unit

Basement:

Full, Shared Basement

Parking:

2-car

Common Charge:

$301 Monthly

Acreage:

1.5

Est. Taxes:

$14,118

Assessment

$55,790

HOA Fee

$301

Lot Description:

Lightly Wooded,Level Lot,Rolling

Amenities:

Basketball Court, Club House, Guest Parking, Playground/Tot Lot, Pool, Tennis Courts

Elementary School:

Per Board of Ed

High School:

Seymour

Days on Market:

0

MLS #:

24070164

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Copyright ©2025 SmartMLS, Inc.
Listing courtesy of Amanda Faroni-Sheehan, Oxford Realty Email: amandafaroni25@gmail.com