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Off market
  • $869,300

    5-7 Downs St, Danbury, CT 06810

    8beds
    4,192sqft
    MultiFamily
    Built in 1885
    -- sqft lot
    $869,300 Zestimate®
    $207/sqft
    $2,402 Estimated rent

    Home value

    $869,300

    $808,000 - $930,000

    $2,402/mo

    Zestimate® history
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    Owner options

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    $2,402/mo

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    $5,867/mo

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    What's special

    Great Income Producing Property with potential to increase to highest and best use!! This 2 family duplex is a solid investment!! Currently used as 2 three bedroom units.....current leases do not have access to finished attic space which increases the square footage and rent potential significantly. CG20 Zoning allows for wonderful development opportunities for the savvy buyer. 4 bay detached garage generates additional $450/month and there is plenty of paved parking too. Fantastic opportunity for OWNER OCCUPIED to build wealth through real estate investment! Close to highway, center of Danbury and public transportation. Great tenants in place.....leases expire Dec 2021 and April 2022. House is in really good condition and easy to lease. Tenants love the over sized rooms and good storage. Lets explore the options that this property offers in MULTI USE ZONING.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Gas
    Features
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 4,192 sqft

    Property

    Parking
    • Parking features: Garage - Attached, Garage - Detached
    Features
    • Exterior features: Other
    Lot
    • Size: 0.29 Acres
    Details
    • Parcel number: DANBMH12L163

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1885

    Community & neighborhood

    Location
    • Region: Danbury

    Price history

    DateEventPrice
    3/24/2022Sold$650,000-3.7%$155/sqft
    Source: Public Record Report a problem
    11/27/2021Pending sale$675,000$161/sqft
    Source: RE/MAX International #170452973 Report a problem
    11/19/2021Listed for sale$675,000+39.2%$161/sqft
    Source: RE/MAX International #170452973 Report a problem
    5/24/2005Sold$485,000+246.4%$116/sqft
    Source: Public Record Report a problem
    2/10/2000Sold$140,000$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$10,305 +56.7%$441,700 +89.6%
    2022$6,575 -0.4%$233,000 -2.6%
    2021$6,602 $239,200
    2020$6,602 $239,200
    2019$6,602 $239,200
    2018$6,602 +32.9%$239,200 +39.4%
    2017$4,968 +1%$171,600
    2016$4,921 +1.5%$171,600
    2015$4,849 $171,600

    Find assessor info on the county website

    Neighborhood: 06810

    Nearby schools

    GreatSchools rating
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    $869,300
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    +$17,386
    With Zillow Showcase(estimated)
    $886,686