39 Smith Street, City CenterDanbury, CT 06810MLS Number 170109821

  • Price: $329,000
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Federal 30-year interest rate: 4.85% last updated on Oct 18, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.28Acreage
  • 1900Year Built
  • 1,312Square Feet

Driving Directions

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, medical and residential. The property consists of a two-family building built in 1900 that is situated on 0.28 acres of property. There is also a partially refurbished multi-car garage and excellent parking. New privacy fence and upgraded landscaping enhance the exterior of the property. This vintage 1900 building has been recently updated and 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 adjacent 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. Pro-forma cap rate is 8.8%. A feasibility site plan has been prepared for the potential construction of a new building on the site.

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More Info

Basic Information

  • Broker NameAdvantage Realty, Inc.
  • List Price$329,000
  • MLS Number170109821
  • Property TypeCommercial For Sale
  • StatusACT
  • TownDanbury
  • Commercial catagoryInvestment, Residential Income, Other
  • Also for leaseNo

Exterior

  • Exterior featuresGutters, Outside Storage Area, Storage Building

Utilities

  • Heat SystemHot Air, Hot Water
  • Heating FuelNatural Gas, Oil
  • Utilities availableElectric, Gas, Telephone, Cable
  • Water sourcePublic Water Connected
  • Cooling SystemWall Unit, Window Unit
  • Septic approvalNo
  • Electric Amperage100
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected
  • Electric Volts220

Tax Information

  • Assessed value$73,900
  • Taxes$2,139
  • Tax YearJuly 2017-June 2018
  • Milrate base28
  • Milrate total28.95

Building

  • FoundationConcrete, Masonry
  • RoofAsphalt Shingle
  • Year Built1900
  • Building ConstructionFrame
  • AtticNo
  • Garages
  • Garage Parking InfoDetached Garage, Unpaved, Driveway
  • Square Feet1,312
  • Stories2
  • Additional space availableYes

Water Body

  • WaterfrontNo

Other

  • Documents AvailableBrochure, Demographic Data, Plot Plan/Survey, Zoning Approval
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • SubdividableYes
  • Space is leasedNo
  • Present useApartment and office
  • Potential useApartment and office
  • View Count14

Basic Information

  • Agent ID, B4573

Location

  • CountyFairfield
  • LocationHighway Access, Urban
  • NeighborhoodCity Center
  • StateCT
  • Zip06810

Property

  • Acreage0.28
  • Lot DescriptionDry, Level Lot
  • Parking Spaces10
  • Parking spaces covered3
  • Parking spaces uncovered7
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business includedNo
  • Road Frontage77
  • Road Frontage DescriptionInterstate Highway, U.S. Highway, Municipal Street
  • SwimmingpoolNo

Auction

  • Bank owned propertyNo
The Matthews Group
The Matthews Group
Office: 860.868.0511
4 Green Hill Road
Washington Depot, CT 06794
Listing Courtesy of Advantage Realty, Inc.

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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