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'39 Smith St, Danbury, CT 06810
   
39 Smith St, Danbury, CT 06810
Apartment and office | 1,312 Sqft

$309,000
464 Days on Market

The property is located within sight of exit 5 - i-84 on and off exit ramps in a new growth area at north main st. in downtown danbury, ct. the property is in the valuable multi-use cg-20 zone. the cg-20 zone allows a multitude of high end and generous uses including office and medical. the property is located within the tax advantaged "opportunity zone". the property consists of two one bedroom apartments situated on 0.28 acres and a partially refurbished multi-car garage and excellent parking. the apartments and garage are fully leased with one year leases providing a current noi of $22,525 with a cap rate of 7.4% this building has been recently renovated with a new roof, hardboard siding, insulation, and gutters. the electrical system in the building has been significantly upgraded and a new washer and dryer installed in the basement. the front and rear porch entrances have been completely rebuilt with materials matching the new siding. the rear garage has been partially refurbished and upgraded to include heat and air conditioning. natural gas, municipal water and sewer service the building. the property is located at the gateway access via i-84/684 to eastbound new england and westbound new york, new jersey and pa. metropolitan ny and nj is only one-hour south. this 1312 s.f. apartment building and multi-car garage contains two floors and a full basement. a feasibility site plan has been prepared for the potential construction of a new building on the site.

39 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 0681039 Smith St, Danbury, CT 06810

Details
2 Units | 0.28 Acres | Built in 1900

Sqft
1312 Total Sqft

Parking
10 Total Spaces | 3 Covered Spaces | 7 Uncovered Spaces

Location
Level Lot  | 77 Frontage | INTERST,USHWY,TOWN

Business

Financials
$36,000 Gross Income | $22,525 Net Income | $13,475 Expenses

Utilities
Hot Air  | Hot Water  | Public Water

Taxes
$77,300 Assessment | 27.60 Mill Rate | $2,133 Taxes

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Listing Agent
Advantage Realty, Inc. | George F. Walker | (203) 733-0692

This real estate listing for sale at 39 Smith St is presently used as with 1312 total sqft and was built in 1900. It is located in the Danbury, CT area with the 06810 zip code. For more info about the property at 39 Smith St, Danbury, CT 06810 or if you would like to schedule a showing, please contact the listing agent above.

Data sourced from CT_SMARTMLS and was updated November 21, 2019.

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