7 Foster Street, City CenterDanbury, CT 06810MLS Number 170376314

  • Price: $625,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 3.13% last updated on Apr 8, 2021
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  • 7Bedrooms
  • 0.18Acreage
  • 5Bathrooms
  • 1900Year Built

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Incredible investment opportunity in Danbury. Four family home with all tenants on separate gas and electric meters. Operating expenses are minimal. All four units were renovated in 2015 (new electrical - including sub-panels, new plumbing, new insulation, windows, doors, etc.). All four units are occupied and the tenants are all on month to month leases and have been around for a while. This is one of the few situations that has a driveway that can hold up to roughly 15 parking spots. I made this property as maintenance free as possible. The rents are below market. Take one unit for yourself and rent the rest or buy this as a pure investment. The numbers work!
Listed by David White of OwnerEntry.com

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More Info

Basic Information

  • StatusACT
  • List Price$625,000
  • Square Feet3,097
  • HoaNo
  • Lease purchaseNo
  • Units4
  • Net operating income55000
  • Property subtype4 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.18
  • MLS Number170376314

Interior

  • Rooms total multifamily22
  • RoofAsphalt Shingle

Exterior

  • Exterior sidingVinyl Siding

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Hot water descriptionElectric
  • Heating FuelNatural Gas
  • Fuel tank locationNon Applicable
  • Heat SystemBaseboard, Hot Water
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Milrate base27
  • Milrate total27.6
  • Taxes$9,602
  • Tax YearJuly 2020-June 2021
  • Assessed value$347,900

Building

  • Bedrooms7
  • Bathroom5
  • Year Built1900
  • Garage Spaces
  • Property Style4updown - Unit(s) per Floor
  • FoundationConcrete
  • Garage Parking InfoPaved, Driveway
  • New construction typeNo/Resale
  • AtticYes
  • BasementFull
  • Full Bath5

Other

  • Space is leasedNo
  • View Count1

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolDanbury

Location

  • StateCT
  • Zip06810
  • CountyFairfield
  • NeighborhoodCity Center

Property

  • Lot DescriptionN/A
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Water Body

  • Waterfront DescriptionNot Applicable

Auction

  • Bank owned propertyNo
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2021 Smart MLS, Inc. All rights reserved.

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