multifamily
34 West Street
Newtown, Connecticut 6470
Price
$1,300,000
Price/SF
$291.35/SF
Building Size
4,462 SF
Lot Size
6.70 acres
Year Built
1954
Units
5
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.
Interested?
Get details or book a tour — we respond within one business day.
Photo Gallery
Additional Details
Zoning
R-1
MLS Number
24193609
Property ID
60687078-33fd-4ca8-b7e9-67edca97b5ab
Interested?
Get details or book a tour — we respond within one business day.
Share This Listing
MLS Information
MLS#: 24193609
Listed by: Scalzo Real Estate
Agent: Derek Spencer • (203) 437-5617 • derekspencer@scalzo.com
This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.