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.
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Zillow last checked:
Listing updated:
Listed by:
Derek A. Spencer(203)437-5617,
Scalzo Real Estate203-790-7077
Source: Smart MLS,MLS#: 24193609
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Full bathrooms: 5
Heating
Baseboard, Oil
Cooling
Ceiling Fan(s), Central Air
Appliances
Included: Water Heater
Features
Doors: French Doors
Windows: Thermopane Windows
Basement: Full
Attic: None
Number of fireplaces: 4
Interior area
Total structure area: 4,462
Total interior livable area: 4,462 sqft
Finished area above ground: 4,462
Property
Parking
Total spaces: 10
Parking features: Tandem, Attached, Off Street, Driveway, Unpaved, Private
Attached garage spaces: 2
Has uncovered spaces: Yes
Accessibility
Accessibility features: Special Needs Transport
Features
Patio & porch: Deck, Patio
Exterior features: Fruit Trees, Garden
Lot
Size: 6.7 Acres
Features: Secluded, Rolling Slope
Details
Additional structures: Barn(s), Stable(s)
Parcel number: 204503
Zoning: R-1
Horses can be raised: Yes
Horse amenities: Paddocks
Construction
Type & style
Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family
Materials
Vinyl Siding
Foundation: Concrete Perimeter
Roof: Asphalt
Condition
New construction: No
Year built: 1954
Utilities & green energy
Sewer: Septic Tank
Water: Well
Green energy
Green verification: ENERGY STAR Certified Homes
Energy efficient items: Insulation, Windows
Community & HOA
Community
Features: Basketball Court, Golf, Library, Medical Facilities, Paddle Tennis, Park, Pool, Public Rec Facilities