34 West Street
Newtown, Connecticut 06470
- Beds
- 8
- Baths
- 5
- SqFt
- 4,462
- Acres
- 6.70
- Year Built
- 1954
- Property Type
- 5+ Family

Matt Caiola
Luxury Real Estate Advisor
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About This Home
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.
Key Facts
- City/Town
- Newtown
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1954
- Days on Market
- 7 days
- Beds
- 8
- Baths
- 5 full
- Living Area
- 4,462 sq ft
- Lot Size
- 6.70 acres
- Garage / Parking
- 2 garage · 10 total
- Property Taxes
- $12,210 / Annually
Market Snapshot
The Newtown Market
Multi-Family · trailing 12 months
Active Listings
1
Newtown inventory
Median List Price
$1.30M
1 active listing
Median Closed Price
$600,000
1 sale
Median Days on Market
7
1 active listing
Median $ / Sq Ft
$291
1 active listing
Sale-to-List Ratio
100.0%
1 sale
How this home compares
List Price
$1.30M
vs $1.30M median
In line with median
Price / Sq Ft
$291
vs $291 median
In line with median
Days on Market
7 days
vs 7 days median
In line with median
Based on 1 active and 1 closed sales (trailing 12 mo) of multi-family in Newtown. Source: SmartMLS · As of July 29, 2026.
Location
34 West Street, Newtown, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$6,628
- Property Taxes$1,018
- Insurance$433
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Newtown
- Neighborhood
- N/A
- County
- Fairfield
Residence
- Property Type
- Multi-Family
- Subtype
- 5 Family+
- Style
- Units on different Floors
- Year Built
- 1954
- New Construction
- No/Resale
- Living Area
- 4,462 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- Per Board of Ed
- High
- Newtown
Interior
- Heating
- Baseboard
- Heat Fuel
- Oil
- Cooling
- Ceiling FansCentral Air
- Fireplaces
- 4
- Laundry Location
- Laundry is located right off the kitchen
- Basement
- FullFull With Walk-Out
- Accessibility
- Special Needs Transport
Exterior & Lot
- Lot Size
- 6.70 acres
- Zoning
- R-1
- Garage / Parking
- 2 garage spaces10 total parking spacesTandemAttached GarageOff Street ParkingDrivewayUnpavedPrivate
- Waterfront Details
- Not Applicable
- Water Source
- Private Well
- Sewer
- Septic
- Construction
- Vinyl Siding
- Color
- white
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- Fruit TreesBarnDeckGarden AreaStableFrench DoorsPaddockPatio
- Lot Description
- SecludedRolling
Listing & Financials
- Property Taxes
- $12,210 / Annually
- Days on Market
- 7
- MLS #
- 24193609
- MLS Status
- Active
- Financing
- FHA,CHFA
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/29/2026 at 10:10 AM UTC.