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.
Off market
$848,500
5-7 Downs St, Danbury, CT 06810
8beds
4,192sqft
MultiFamily
Built in 1885
-- sqft lot
$848,500 Zestimate®
$202/sqft
$3,270 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Gas
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 4,192 sqft
Property
Parking
- Parking features: Garage - Attached, Garage - Detached
Features
- Exterior features: Other
Lot
- Size: 0.29 Acres
Details
- Parcel number: DANBMH12L163
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1885
Community & neighborhood
Location
- Region: Danbury
Services availability

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