159 South Street Danbury, CT 06810

$1,215,000
159 South Street, Danbury, CT 06810
170130041

Multi-Family Home for sale in Danbury, CT

for $1,215,000 with 10 bedrooms and 6 full baths, 6 half baths. This 6,080 square foot home was built in 1977 on a lot size of 0.5000 Acre(s).

Property Information

  • $1,215,000
  • 10 Bedrooms
  • 6 Full Baths, 6 Half Baths
  • Multi-Family
  • 6,080 Square Feet
  • Taxes are $13,096
  • 5+ Family
  • Active
  • Lot size of 0.5000 Acre(s)
  • Built in 1977
  • Danbury, CT
  • MLS/Web ID is 170130041
  • Price Reduced

Description

Great Investment 8 Units 4 Townhouse (2) Bed Room 1.5 Baths Each And 4 Ranch Style Units (1) Bed Room One Bath Each Long Terms Tenants. Unit, Are In Good Condition.Great For Condo Conversion Or Keep As Income Produce. Buyers Take A Good Looker On The Potential Income to be Incrised Do To The Present Rent Is way Below The Market Value. This Property Is In Excellent Location Close To Down Town The Rent Can Be Increased By $150 To $300 Each Unit Per Month . Please Call For More Information THANK YOU! (Remaining two units are 3 room 1 b. room $900.00 3 room 1 b. room $900 the rest are on apt. section. Total $8, 150 per moth x 12 = $97, 800.00 Total Expenses Include Tax Water Sewers Insurance Garbage Onside Lighting Some repairs Give to me by Owner Are $23, 060.00 per year!

Interior 5

Cooling System

  • Wall Unit(s)

Heating Source

  • Electric

Heating System

  • Hot Water Heater: Electric
  • Radiators

Sewer

  • Public Sewer

Water Source

  • Connected

Exterior 8

Construction

  • Frame

Exterior

  • Patio

Foundation

  • Concrete

Garage

  • Paved

Lot Description

  • Level/Flat

Parking

  • Parking Lot

Roof

  • Asphalt Shingles

Siding

  • Vinyl

† Excluded Feature

Neighborhood & Schools

High School: BOE

 See complete school information

Listed By

Listing Agent: Paul Rullo
Broker: PAUL RULLO REAL ESTATE

159 South Street, Danbury, CT, 06810 is a Multi-Family Home for sale at $1,215,000 with 6,080 sqft and a lot size of 0.5000 Acre(s). 159 South Street has 10 bedrooms, 6.6 baths, and was built in 1977. The property's zip code is 06810 which is in Danbury, CT

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Pricing History

Date Price Price Change Description
11/6/2018 $1,215,000 -3.95 % Price Change
10/1/2018 $1,265,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Danbury $508,208 58 % below $399,900 67 % below
Multi-family listings in Danbury $480,409 60 % below $404,500 67 % below

Get the facts about Danbury, CT!

Population 83,064
Population Growth (since 2000) 11 %
Median Income $65,169
Median Age 38.1
Households w/ Children 29 %

Residential Dwellings

  • Owned 18247
  • Vacant 2121
  • Rented 11627

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363