34 West Street, Newtown, CT 06470
34 West Street, Newtown, CT 06470
34 West Street, Newtown, CT 06470
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Scalzo Real Estate

Scalzo Real Estate

+1(203) 241-3444
$1,300,000
Est. payment /mo
8 Beds
5 Baths
4,462 SqFt
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Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 4,462 sqft

Price per Sqft $291

MLS Listing ID 24193609

Style Units on different Floors

Bedrooms 8

Full Baths 5

Year Built 1954

Annual Tax Amount $12,210

Lot Size 6.700 Acres

Property Sub-Type 5 Family+

Property 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.

Location

State CT

County Fairfield

Zoning R-1

Rooms

Basement Full, Full With Walk-Out

Interior

Heating Baseboard

Cooling Ceiling Fans, Central Air

Fireplaces Number 4

Exterior

Exterior Feature Fruit Trees, Barn, Deck, Garden Area, Stable, French Doors, Paddock, Patio

Parking Features Tandem, Attached Garage, Off Street Parking, Driveway, Unpaved

Garage Spaces 2.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Secluded, Rolling

Foundation Concrete

Sewer Septic

Water Private Well

Schools

Elementary Schools Per Board Of Ed

Middle Schools Per Board Of Ed

High Schools Newtown

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Listed by Derek Spencer • Scalzo Real Estate

NEARBY SCHOOL & BUSINESS

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Scalzo Real Estate

Scalzo Real Estate

+1(203) 241-3444

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34 West Street