Strong ROI on Padanaram! Attention Investors: This 2-bedroom, 1-bath condominium on Danbury's west side is a rental investment opportunity you won't want to miss. Located in Brookside, this main-level unit offers over 850 sq. ft. with an open floor plan and a walk-out patio. In today's tight rental market, this condo projects a gross ROI of nearly 13%-far beyond what any bank is paying on idle savings! Brookside residents enjoy a large common laundry room, an in-ground pool for summer fun, and acres of greenspace for recreation. With plenty of parking, a well-maintained complex, and a newly improved management company in place, you'll benefit from reasonable common charges and no assessments-keeping your investment secure and cash-flow friendly. Not an investor? This affordable condo is also the perfect first-time homeowner opportunity at a price point rarely seen in today's market. Why pay rent when you can pay yourself? With just a little updating, this home is ready to shine-whether you're looking to live here or grow your portfolio with a proven money-maker.
Accepting backups
$199,900
7 Padanaram Road #D98, Danbury, CT 06811
2beds
851sqft
Est.:
Condominium
Built in 1976
-- sqft lot
$201,000 Zestimate®
$235/sqft
$360/mo HOA
What's special
Acres of greenspaceMain-level unitIn-ground poolOpen floor planWalk-out patio
- 14 days |
- 502 |
- 31 |
Likely to sell faster than
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