79 Balance Rock Road

Seymour, CT 06483

$1,500,000
Price
9
Beds
685 Sq. Ft.
$2,190 / Sq. Ft.
685
Sq. Ft.
$2,190
per Sq. Ft.

Description

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...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.
  1. Listed by Amanda R Faroni-Sheehan • Oxford Realty
    P: (203)-314-4219 C: (203)-314-4219 amandafaroni25@gmail.com

Property Details for 79 Balance Rock Road

Basement Description
Full, Shared Basement
Direct Waterfront
No
Neighborhood
Bungay
Style
Units on different Floors, Units are Side-by-Side
Garage Parking Info
None, Paved, Off Street Parking
Swimming Pool
No
LISTING UPDATED: 01/29/2025 12:39 AM

Property Details for 79 Balance Rock Road

StatusActive
MLS #24070164
Days on Market29
Taxes$14,118 / year
HOA Fees$301 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1970
Lot Size1.50 AC / 65,340 SF
CountyNew Haven County

Building Information for 79 Balance Rock Road

Stories-Residences6Year Built1970Building Size-Lot Size1.50 AC / 65,340 SF

Property Information for 79 Balance Rock Road

Summary
Property and Location
  • Acres Source: Public Records
  • Association Amenities: Basketball Court, Club House, Guest Parking, Playground/Tot Lot, Pool, Tennis Courts
  • Directions: Bungay Rd to Balance Rock Rd
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Seymour
  • Latitude: 41.39157
  • Longitude: -73.094911
  • Neighborhood Amenities: Health Club, Medical Facilities, Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • State: Connecticut
Parking
  • Parking Total Spaces: 2
HOA and Fees
  • Association Fee Includes: Club House, Trash Pickup, Snow Removal, Heat, Hot Water, Water, Sewer, Property Management, Pool Service
  • HOA Fee Amount: 301
  • HOA Fee Frequency: Monthly
  • Home Owner's Assocation: Yes
  • Special Association Assessment: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $14,118
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk, Deck, Gutters, Lighting
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Wall Unit
  • Heat Type: Hot Water
  • Attic YN: No
  • Fireplaces Total: 0
  • Laundry Room Info: Common Laundry Area
  • Rooms Total: 21
Property
Property and Assessments
  • Color: Brick
  • Construction Description: Brick
  • Exterior Siding: Vinyl Siding, Brick
  • Foundation Type: Concrete
  • Fuel Tank Location: Above Ground
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1970
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 685
Lot Information
  • Lot Description: Lightly Wooded, Level Lot, Rolling
  • Parcel Number: 1319095
  • Sq Ft Est Heated Above Grade: 685.0
  • Sq Ft Total: 685.0
  • Zoning: MF
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Oil, Tank Size Unknown
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 41765
  • Gross Annual Income: 118800
  • Net Operating Income: $71,095
  • Occupied By: Tenant
  • Total Number of Units: 6
  • Total Rooms Multi Family: 21
Unit 1
  • Lease: Leased
  • Listing Key: 2C4E412007877D38E0631401100A008D
  • Unit Appliances: Oven/Range,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 01-22-2025
  • Unit Monthly Rent: $1,900
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Listing Key: 2C4E412007877D38E0631401100A008D
  • Unit Appliances: Oven/Range,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 685
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 01-22-2025
  • Unit Monthly Rent: $1,500
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Leased
  • Listing Key: 2C4E412007877D38E0631401100A008D
  • Unit Appliances: Oven/Range,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 685
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 01-22-2025
  • Unit Monthly Rent: $1,500
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Leased
  • Listing Key: 2C4E412007877D38E0631401100A008D
  • Unit Appliances: Oven/Range,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 01-22-2025
  • Unit Monthly Rent: $1,850
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Listing Key: 2C4E412007877D38E0631401100A008D
  • Unit Appliances: Oven/Range,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 685
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 01-22-2025
  • Unit Monthly Rent: $1,250
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Leased
  • Listing Key: 2C4E412007877D38E0631401100A008D
  • Unit Appliances: Oven/Range,Refrigerator,Dishwasher
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 01-22-2025
  • Unit Monthly Rent: $1,900
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Schools near 79 Balance Rock Road

This home is within Seymour School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Bungay School
PublicK to 5

Seymour Middle School
Public6 to 8

Seymour High School
Public9 to 12

Chatfield Lopresti Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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79 Balance Rock Road is a multi-family home for sale in Seymour, CT 06483. This property was listed for sale on January 22, 2025 by Oxford Realty, it's currently listed at $1,500,000. This listing's school district is Seymour School District. Nearby schools include Bungay School, Seymour Middle School and Seymour High School. 79 Balance Rock Road is a 9-bed, 6-bath, 685 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Oxford Realty, Amanda R Faroni-Sheehan

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