51-53 Locust Avenue Danbury, CT $ 1,200,000
51-53 Locust Avenue
$ 1,200,000
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51-53 Locust Avenue

Danbury, CT, 06810
$ 1,200,000
Bedrooms8 Baths6.1 Sq 6,588

Monthly Estimate*

$ 7,976

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Multi-Family Home for sale in Danbury, CT

for $1,200,000 with 8 bedrooms and 6 full baths, 1 half bath. This 6,588 square foot home was built in 1925 on a lot size of 0.17.

**Newly Renovated Units with an Additional Lease and Increases in Rental Income.** Investors take notice! Rare opportunity to own 2 turn-key income producing properties. Side by side properties include a retail space and a detached 2 car garage in back of #51. All units have separate updated utilities. Rents are still below market value. Both properties are being sold together and also listed/offered separately.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

8

Full Bath

6

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Units on different Floors

Lot Size

0.17

Year Built

1925

Town/City

Danbury

MLS | Web ID

170610825

Features
General
Exterior Features Porch-Enclosed
Zoning RM12
Full Baths 6
Half Baths 1
Year Built 1925
Neighborhood Germantown
Style Units on different Floors
Heater Type Radiator
County Fairfield
Property SubType Other
Tax Year July 2023-June 2024
Net Operating Income 82420
Property Type Multi-Family For Sale
Status Under Contract - Continue to Show
Acres 0.17
Directions On Corner of Locust Avenue and Osborne Street
High School Danbury
City Danbury
Street Name Locust
Elementary School Per Board of Ed
Sq Ft Total 6588
DOM 149
Video Tour Y/N 0
Year Built Source Public Records
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Interior
Cooling System None
Basement Description Full Storage Full With Hatchway
Total Rooms 20
Hot Water Natural Gas 100 Gallon Tank
Total Bathrooms 7
Total Bedrooms 8
Total Number of Units 6
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Exterior
Water Source Public Water Connected
Garage Parking Detached Garage Paved Off Street Parking
Lot Description Corner Lot
Pool? 0
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Internal Only
Street Number 1 51
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* Excluded Features
List By
Joseph Perun

Listing Agent

Perun Properties

Broker

josephmperun@yahoo.com

Email

Affordability Calculator

$7,976
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2060285 Elementary School
2060148 Middle School
Danbury High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2024$1,200,000 -3.92% Price Down
4/23/2024$1,249,000 -2.04% Price Down
2/20/2024$1,275,000 -1.54% Price Down
1/14/2024$1,295,000 -2.26% Price Down
12/13/2023$1,325,000 -1.85% Price Down
11/27/2023$1,350,000 Listed Price

Map


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51-53 Locust Avenue, Danbury, CT, 06810 is a Multi-Family Home for sale at $1,200,000 with 6,588 sqft and a lot size of 0.17. 51-53 Locust Avenue has 8 bedrooms, 6.1 baths, and was built in 1925. The property's zip code is 06810 which is in Danbury, CT