A rare opportunity to acquire a five unit multifamily investment property in the heart of Newtown, Connecticut.


Property

Website:https://www.nestseekers.com/5650724
Address:
34 West
Newtown, CT 06470
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 8 BR
Bathrooms: 5
Area: 4462 sq ft

Financials

Price:$1,300,000
Annual Taxes:$12,210

Description

A rare opportunity to acquire a five-unit multifamily investment property in the heart of Newtown, Connecticut. Ideally situated just minutes from the town center, this income-producing asset offers investors the perfect combination of strong rental demand, long-term appreciation potential, and the charm of one of Fairfield County's most desirable communities. Featuring five residential units with excellent income potential, this property presents an exceptional opportunity for seasoned investors, those looking to expand their portfolio, or owner-occupants seeking to offset their mortgage with rental income. The property's attractive setting, ample parking, and convenient location make it highly desirable to tenants seeking easy access to local shopping, restaurants, parks, schools, and major commuting routes. Whether your strategy is long-term buy-and-hold, value-add improvements, or generating reliable monthly cash flow, this multifamily property offers outstanding flexibility and investment potential. Newtown continues to attract residents looking for a high quality of life while maintaining convenient access to Danbury, Fairfield County, and New York. Income-producing properties in Newtown are exceptionally rare, making this a unique opportunity to own a valuable asset in a highly sought-after market. Don't miss your chance to secure a five-unit investment property with strong upside potential in one of Connecticut's premier towns.

Amenities

  • Barn
  • ceiling fan
  • Central Air
  • Deck
  • Elementary School - Per Board of Ed
  • Energy Star Rated
  • Extra Insulation
  • French Doors
  • Fruit Trees
  • Garden Area
  • High School - Newtown
  • Intermediate School - Per Board of Ed
  • Paddock
  • Patio
  • Special Needs Transport
  • Stable
  • Thermopane Windows

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Derek Spencer of Scalzo Real Estate