NOT LISTED FOR SALE

5 Downs St Danbury, CT 06810

8 Beds
5 Baths
4,192 Sq Ft
12,632 Sq Ft

Last Sold March 22, 2022

Last sale price $650,000 $155 Per Sq Ft

70 Days on Market

Highlights

  • Property is near public transit, shops, and bus stop
  • No HOA
  • 4 Car Detached Garage
  • Attic
  • Circular Driveway
  • Porch

About This Home

As of March 2022

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.

Last Agent to Sell the Property

Marlyn D'Amico

RE/MAX Right Choice License #REB.0757417 Listed on: 11/18/2021

RE/MAX Right Choice

Last Buyer's Agent

Victor Vescera

Keller Williams Realty License #RES.0771410

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,602

Year Built

  • Built in 1885

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • 4,192 Sq Ft Home
  • Side-by-Side
  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 8 Bedrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Car Detached Garage
  • Circular Driveway
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit, shops, and bus stop

Schools

  • Danbury High School

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,602

Year Built

Built in 1885

Lot Details

0.29 Acres

Listing Details

  • Neighborhood: City Center
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 4192
  • Public Record Living Room Sq Ft: 2856
  • Total Sq Ft: 4192
  • Year Built: 1885
  • Nearby Amenities: Library, Medical Facilities, Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5653
  • Directions: Main Street to Downs Street.....parking along the belgium blocks or in front of garages
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Attic Description: Walk-up, Partially Finished, Heated
  • Basement Description: Full, Full With Hatchway, Partially Finished, Interior Access, Storage
  • Laundry Room Location: both units have w/d hook ups in basement
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Off Street Parking
  • Garages Number: 4
  • Driveway Type: Shared, Circular, Paved

Utilities

  • Heat Type: Gas on Gas, Hot Air, Zoned
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Storm Doors, Storm Windows

Lot Info

  • Acres: 0.2900
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: CG20

Multi Family

  • Gross Annual Income: 57600
  • Unit Count: 2
  • Total Multi Family: 17
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 6602
  • Mil Rate Base: 27.600
  • Assessor Parcel Number: 74945

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Danbury
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2022 03/22/22 Sold $650,000 -3.7% $155 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
11/18/2021 11/18/21 For Sale $675,000 -- $161 / Sq Ft
Source: SmartMLS

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Map

Source: SmartMLS

MLS Number: 170452973

SmartMLS
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