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    Renovated Apartments with Expansion Potential
    Updated: Jul 4, 2024
    Renovated Apartments with Expansion Potential

    1030 Federal Rd, Brookfield, CT 06804

    $8,750,000
    15,804 sqft
    Completely renovated in 2024, featuring new flooring, fresh paint, granite countertops, stainless steel appliances, and updated lighting.
    Approved development of 15 additional one‑bedroom apartments, providing a significant opportunity to increase rental income and property value.
    Plans for a pool, pool house, and fitness area, enhancing resident amenities.
    Ample on‑site parking for residents, with a recently paved and striped parking lot.
    Ideally located along Federal Road (Route 7) near the Four Corners area of Brookfield, offering convenient access to retail, restaurants, and daily amenities.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Brookfield, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Naugatuck Multifamily Investment Opportunity
    Naugatuck Multifamily Investment Opportunity

    363-367 High Street, Naugatuck, CT 06770

    $759,000
    5,191 sqft 0.39 AC lot

    Three contiguous buildings in Naugatuck, Connecticut, with value-add potential.

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    Waterbury Multifamily Investment Opportunity
    Waterbury Multifamily Investment Opportunity

    38 Green Street, Waterbury, CT 06708

    $749,900
    5,200 sqft 0.11 AC lot

    Six renovated units in two buildings with off-street parking.

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    Five-Unit Portfolio in Naugatuck
    Five-Unit Portfolio in Naugatuck

    363-367 High Street, Naugatuck, CT 06770

    $759,000
    5,191 sqft

    Three contiguous rental buildings with value-add potential in Naugatuck.

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    Two-Building Six-Unit Apartment Property
    Two-Building Six-Unit Apartment Property

    38 Green Street, Waterbury, CT 06708

    $775,000
    5,200 sqft

    Two buildings totaling six residential units, each with 2 bedrooms and 1 full bathroom, with off-street parking.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Off-Market Properties in Brookfield, CT

    Consider similar Off-Market properties in Brookfield, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    20 Sta Rd
    APARTMENT HOUSE (5+ UNITS)

    20 Sta Rd, Brookfield, CT 06804-1051

    Value Estimation by Request
    3,915 sqft 2.31 AC lot
    View details
    1030 Federal Rd
    APARTMENT HOUSE (5+ UNITS)

    1030 Federal Rd, Brookfield, CT 06804-1160

    Value Estimation by Request
    4.47 AC lot
    View details
    26 Hillandale Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    26 Hillandale Rd, Brookfield, CT 06804-1356

    Value Estimation by Request
    3,640 sqft 8.31 AC lot
    View details

    Brookfield, CT Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Brookfield, CT on our real estate platform. These investment opportunities span a total of 15,804 square feet of properties for sale, with an estimated market value of $8,750,000.

    Sale prices for two-family homes in Brookfield, CT start at $8,750,000, averaging $8,750,000, and reaching up to $8,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 18K
    Population Growth (5Y) +3.4%
    Median Household Income $142,826
    College Educated 75.7%

    High-Yield Neighborhoods for Investment

    Identify Brookfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    06804 $4.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $29.15 per SF
    Tax Rate vs County Average 0.27 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Fairfield County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Brookfield fall within the 100,000+ square foot range.

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