$10,000
closing credit¹
79 Balance Rock Rd Seymour, CT 06483
Property details
About 79 Balance Rock Rd
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.
Highlights
Summary
- MLS Number: 24070164
- Office Name: Oxford Realty
- Office Phone: (203) 314-4219
- Office Email: amandafaroni25@gmail.com
- Listing Agent: Amanda Faroni-Sheehan
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Last updated on: 2/7/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,500,000
79 Balance Rock Rd
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Bungay School
Public District KG-5
0.1 mi
•35 Bungay Rd
6
Chatfield-Lopresti School
Public District PK-5
2.2 mi
•51 Skokorat St
8
Oxford Center School
Public District 3-5
3.4 mi
•50 Great Oak Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,891. Typical income of Seymour, CT residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
PGA/LPGA
Soccer
Where do the neighbors shop?
Dick's Sporting Goods
Stein Mart
Old Navy
Where do the neighbors go to eat?
Arbys
Cracker Barrel
Jimmy Johns
What do the neighbors drive?
GMC
Lexus
Chevrolet
What do the neighbors listen to?
Adult Hits
Oldies
New Country
This home is located at 79 Balance Rock Rd in Seymour, CT and zip code 06483. This 685 square foot home, which was built in 1970, sits on a 1.50 acre lot. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $1,500,000.
In January 2025 more than 4 listings in Seymour, CT were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 5 were sold below. Between December and January 2025, Seymour, CT real estate market has seen decrease in the number of listings by 8.1%.