480 Cowperthwaite Street, Danbury, CT 06811

This is a great opportunity to own a 2-unit multi-family house in Danbury, CT. The property is located near Exit 5 of I-84 in a great neighborhood and just minutes from Danbury High School in central Danbury. The house is being offered for sale at an attractive price of $495,000. Don’t wait to call on this property! The upper unit is 1064 s.f. with 3 bedrooms, 1 full bath, a living room with fireplace, and an “eat-in” kitchen with carpet and tile throughout. The unit is heated with hot water baseboards with an oil-fired furnace. A new oil tank is located on the lower level. The current tenant has lived there for 15 years and the lease continues to be month-to-month at $1180 / month which is well below the market value rent of $2500 / month. The lower unit is 1064 s.f. with 2 bedrooms, 1 full bath, a kitchen, and an eat-in kitchen with a breakfast bar. New paint, carpet, and tile in the kitchen and bathrooms. The heat is an electric baseboard. There is currently a lease in place at a market rent of $1500 per month until June 30, 2024. The house was originally built in 1961 and was converted from a single-family to two-family house in 1985. It sits on .14 acres and has off-site parking for 5 cars. The house is on City sewer and City water and has vinyl siding. The current taxes are $5,383.00 a year. Both units have separate utilities for eletric.