79 Balance Rock
Seymour, CT 06483
- 9 beds
- 6 baths
- 685 sqft
- ~2 acre lot
- $2,189 per sqft
- 1970 build
- – on site
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.
Last checked:
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Last updated Jan 22, 2025
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MLS# 24070164 —
The Building
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Year Built:1970
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors, Units are Side-by-Side
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Roof Information:Asphalt Shingle
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Attic:No
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Exterior Siding:Vinyl Siding, Brick
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Foundation Type:Concrete
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Basement Description:Full, Shared Basement
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Exterior Features:Sidewalk, Deck, Gutters, Lighting
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SqFt Total:685
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SqFt Est Heated Above Grade:685
Interior
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Laundry Room:Common Laundry Area
Room Dimensions
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Living Area SqFt Per Public Record:685
Location
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Directions:Bungay Rd to Balance Rock Rd
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Neighborhood:Bungay
The Property
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Parcel Number:1319095
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Property Type:Multi-Family For Sale
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Property Subtype:5 Family+
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Zoning:MF
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Acres:1.5
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Acres Source:Public Records
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Flood Zone:No
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Lot Description:Lightly Wooded, Level Lot, Rolling
Listing Agent
- Contact info:
- Agent phone:
- (203) 314-4219
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:14118
Beds
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Beds Total:9
Baths
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Total Baths:6
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Full Baths:6
The Listing
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Virtual Showing:No
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Hot Water
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Heat Fuel Type:Oil
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Cooling System:Wall Unit
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Per Board of Ed
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High School:Seymour
The Community
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Nearby Amenities:Health Club, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Walk to Bus Lines
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
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Association Amenities:Basketball Court, Club House, Guest Parking, Playground/Tot Lot, Pool, Tennis Courts
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Association Fee Includes:Club House, Trash Pickup, Snow Removal, Heat, Hot Water, Water, Sewer, Property Management, Pool Service
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Home Owner's Assocation:1
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HOA Fee Amount:301
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HOA Fee Frequency:Monthly
Parking
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Garage/Parking:None, Paved, Off Street Parking
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Parking Total Spaces:2
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/22/25
Jan 22, 2025
|
Listed / Active | SMART_MLS | $1,500,000 |
