Newtown CT Multi Family for Sale
$675,000
3 Riverside Road Newtown, CT 06482
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.35 Acres
- Year built:
- 1770
- Baths:
- 2.00
- MLS#:
- 24062054
- Subdivision:
- Sandy Hook
ADDITIONAL INFORMATION
A rare opportunity to own a freshly renovated two-family property in the heart of downtown Sandy Hook! Imagine living in one unit while tenants help offset your expenses, or purchase the building as a pure investment with excellent cash-flow potential. With its unbeatable proximity to shops, restaurants, and commuter routes, this property is one you don't want to miss. Unit One features three generously sized bedrooms, a refreshed full bathroom, and a brand-new, gleaming white kitchen with quartz countertops, stainless steel appliances, and ample cabinet space. The large family room, complete with a cozy fireplace, and a private laundry room make this unit both stylish and functional. Unit Two offers a spacious one-bedroom layout with a brand-new full bathroom, private laundry, and a refreshed kitchen that opens to a large living area. This unit also includes an adjoining office/den space, perfect for work or relaxation. Outside, enjoy a level shared yard and a well-designed parking area. Don't let this incredible opportunity slip away!
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Newtown Real Estate
The median home value in Newtown, CT is $595,000. This is higher than the county median home value of $552,700. The national median home value is $338,100. The average price of homes sold in Newtown, CT is $595,000. Approximately 85.68% of Newtown homes are owned, compared to 9.21% rented, while 5.11% are vacant. Newtown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newtown real estate agent to arrange a tour today!
Newtown, Connecticut has a population of 27,388. Newtown is more family-centric than the surrounding county with 34.49% of the households containing married families with children. The county average for households married with children is 34.39%.
The median household income in Newtown, Connecticut is $133,991. The median household income for the surrounding county is $101,194 compared to the national median of $69,021. The median age of people living in Newtown is 45.4 years.
Newtown Weather
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 51.4 inches per year, with 42.1 inches of snow per year.