Seller represented by:
MARLYN D'AMICO with Re/Max Right Choice

5-7 Downs St Danbury, CT 06810
  • New
  • Multi Family · 2 Units

5-7 Downs St Danbury, CT 06810 Get directions

$675,000 $161/Sq. ft.
8 Beds 3 Baths 2 Partial Baths 4,192 Sq. ft. 12,632 Sq. ft. Lot
  • Age 136 Years
  • MLS# 170452973
  • Listed 12 Days Ago

Overview

Great Income Producing Property with potential to increase to highest and best use!! This 2 family duplex is a solid investment!! Currently used as 2 three bedroom units.....current leases do not have access to finished attic space which increases the square footage and rent potential significantly. CG20 Zoning allows for wonderful development opportunities for the savvy buyer. 4 bay detached garage generates additional $450/month and there is plenty of paved parking too. Fantastic opportunity for OWNER OCCUPIED to build wealth through real estate investment! Close to highway, center of Danbury and public transportation. Great tenants in place.....leases expire Dec 2021 and April 2022. House is in really good condition and easy to lease. Tenants love the over sized rooms and good storage. Lets explore the options that this property offers in MULTI USE ZONING.

  • Seller represented by:
  • REALTOR ® MARLYN D'AMICO with Re/Max Right Choice

Features

Bedrooms

  • Bedrooms: 8

Bathrooms

  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • 1/2 Bathrooms: 2

Appliances

  • Laundry Features: Location: both units have w/d hook ups in basement, All Units Have Hook-Ups

Heating and Cooling

  • Heating Features: Heat Fuel Type: Natural Gas, Oil, Heat Type: Gas on Gas, Hot Air, Zoned
  • Heating Fuel: Natural Gas, Oil
  • Water Heaters: 50 Gallon Tank

Other Rooms

  • Basement Description: Full, Full With Hatchway, Partially Finished, Interior Access, Storage

Exterior and Lot Features

  • Gutters
  • Porch

Land Info

  • Lot Description: Level Lot
  • Lot Size Acres: 0.29
  • Lot Size Square Feet: 12632

Garage and Parking

  • Driveway: Shared, Circular, Paved
  • Garage Spaces: 4
  • Garage Description: Detached Garage, Paved, Off Street Parking

Amenities and Community Features

  • Library
  • Medical Facilities
  • Park
  • Public Transportation
  • Shopping/Mall
  • Walk to Bus Lines

School Information

  • Elementary School: Per Board of Ed
  • High School: Danbury

Rental Info

  • Gross Income: 57600

Multi-Unit Info

  • Number of Units: 2

Homeowners Association

  • Calculated Total Monthly Association Fees: 0

Other Property Info

  • Annual Tax Amount: 6602
  • Source Listing Status: Under Contract - Continue to Show
  • County: Fairfield
  • Directions: Main Street to Downs Street.....parking along the belgium blocks or in front of garages
  • Source Property Type: Multi-Family For Sale
  • Source Neighborhood: City Center
  • Postal Code Plus 4: Post
  • Zoning: CG20
  • Property Subtype: 2 Family
  • Source System Name: C2C

Building and Construction

  • Total Square Feet Living: 4192
  • Year Built: 1885
  • Above Grade Finished Area: 4192
  • Attic: Attic Description: Walk-up, Partially Finished, Heated, Attic YN: Y
  • Building Exterior Type: Aluminum
  • Construction Materials: Frame
  • Foundation Details: Concrete, Stone
  • Property Age: 136
  • Roof: Asphalt Shingle
  • House Style: Units are Side-by-Side
  • Total Area Sqft: 4192

Utilities

  • Sewer: Public Sewer Connected
  • Water Source: Public Water Connected

Home Features

  • Green Energy Efficient: Storm Doors, Storm Windows

Nearby Schools

Rating School Grades Distance
3 Pembroke School PK-5 2.3 mi
3 Broadview Middle School 6-8 1.1 mi
2 Danbury High School 9-12 1 mi
NA St Joseph Elementary Private School PK-8 0.2 mi

School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.

Property History for 5-7 Downs St

Property Price

Date Event Price Price / Sq ft Source
2021-11-18 Listed $675,000 $161 SMARTMLS

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.