79 Balance Rock Rd Unit Seymour, CT 06483

Property Details for 79 Balance Rock Rd Unit

Year built

1970

Lot size

1.50 lot acres

Property size

4,755 SF

Property type

Commercial real estate

Description

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.