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Five-Unit Multifamily Investment
For Sale
$1,300,000

34 West Street, Newtown, CT 06470

Five residential units in a multifamily property on West Street in Newtown, Connecticut.

Property Size1,954 SF
Price / SF$291.35
Days on Market51

Property Features for 34 West Street

General Information

Standard status Active
Size 1,954 SF
Property subtype 5 Family+

Additional Details

Multifamily Units 5

Building Details

Building Size 1,954 SF
Year Built 1954
Tenancy Multi
Listing Agency: Scalzo Real Estate
Listed By: Derek Spencer · License #RES.0818188
Source: Iverty
Added: Jul 22 Changed: Sep 9 Last Checked: Sep 9 at 7:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scalzo Real Estate

Investment Insights

Based on property information with market context.

This five-unit multifamily property offers five residential units within a single investment asset. It is presented as an income-producing property for investors or owner-occupants looking to benefit from rental revenue.

The building is located at 34 West Street in Newtown, Connecticut, described as being minutes from the town center and convenient to local shopping, restaurants, parks, schools, and major commuting routes.

The offering is for sale as a five-unit residential income property.

Key Highlights

  • Five‑unit multifamily property on West Street in Newtown, Connecticut
  • Built in 1954
  • Includes ample parking for tenants

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Building Supply HVAC Service Kitchen & Bath Showroom Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 06470, CT

16,284
Population
5,577
Households
2.9
Avg Household Size
45
Median Age
55%
College-Educated
95%
High-School Grad
37.2 sq mi
ZIP Area
438
Density / Sq Mi
$149,933
Median Household Income
$66,615
Median Earnings
$2,000
Median Rent
$514,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five residential units in a multifamily property on West Street in Newtown, Connecticut.
Where is this apartment building located?
The property is located at 34 West Street Newtown, CT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Five‑unit multifamily property on West Street in Newtown, Connecticut; Built in 1954; Includes ample parking for tenants
More about this property
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