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.
Seymour is located in Connecticut. Seymour, Connecticut has a population of 16,731. Seymour is more family-centric than the surrounding county with 31.64% of the households containing married families with children. The county average for households married with children is 26.84%.
The median household income in Seymour, Connecticut is $83,781. The median household income for the surrounding county is $75,043 compared to the national median of $69,021. The median age of people living in Seymour is 41.6 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 19.4 degrees. The average rainfall is approximately 51.5 inches per year, with 37.1 inches of snow per year.
