10 Downs Street, Unit 3Danbury, CT 06810MLS Number 170165005

  • Price: $799,000
  • Est. Mortgage of $/month
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$
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Federal 30-year interest rate: 3.56% last updated on Sep 12, 2019
* 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.
  • 0.34Acreage
  • 4Bathroom
  • 1905Year Built
  • 5,220Square Feet

Driving Directions

Back On The Market, two bldg package in certified Opportunity Zone. Allows deferral +reduction on current capital gains taxes, and eventual tax-free sale of this asset!! Highly visible right off I-84 in central Danbury, CT. Two separately deeded multi-use commercial properties, #12 & #10 Downs w/proven residential rental components!! Allows full control of 15 car+ parking easy on/off to I-84 at Exit 5, I-84 East. Ideal pro offices + income production out of single family rented stone house, and residential unit allowed in #12. Top notch renovations with room to comply with O.Z. requirements. Has triple pane windows, 50 yr roof, mini-split air in #12. Long precedent for professional offices/mixed use &/or stately residence in #12, + separate residence in stone house, potential 2 Family. Mixed-Use possibilities galore! Owner/Broker's real estate company has thrived here since 1975. High profile, signature quality location with hard-to-find, carefree egress onto side street, seconds from the Interstate!

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More Info

Basic Information

  • StatusACT
  • List Price$799,000
  • Square Feet5,220
  • HoaNo
  • Lease purchaseNo
  • Units2
  • Property subtypeOther
  • Property TypeMulti-Family For Sale
  • Acreage0.34
  • MLS Number170165005

Interior

  • Rooms total multifamily2
  • RoofAsphalt Shingle

Exterior

  • Exterior featuresGutters, Porch-Enclosed, Porch-Heated, Sidewalk
  • Exterior sidingStone, Steel Siding

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air, Heat Pump, Zoned
  • Hot water description40 Gallon Tank, Electric, Oil
  • Heating FuelElectric, Natural Gas, Oil
  • Fuel tank locationAbove Ground
  • Heat SystemBaseboard, Heat Pump, Hot Water, Steam
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected
  • Sewer usage fee annual500

Tax Information

  • Milrate base27
  • Milrate total27.6
  • Taxes$7,110
  • Tax YearJuly 2019-June 2020
  • Assessed value$257,600

Building

  • Bathroom4
  • Year Built1905
  • Property StyleOther
  • Energy FeaturesThermopane Windows
  • FoundationConcrete, Stone
  • Garage Parking InfoAttached Garage, Unpaved, Parking Lot
  • New construction typeNo
  • AtticYes
  • Attic descriptionWalk-up, Partially Finished, Floored
  • BasementFull With Walk-Out, Partially Finished, Heated, Interior Access, Liveable Space, Sump Pump
  • Full Bath2
  • Half Bath2

Water Body

  • Waterfront DescriptionNot Applicable
  • WaterfrontNo

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolDanbury

Location

  • StateCT
  • Zip06810
  • CountyFairfield
  • Middle Junior High SchoolPer Board of Ed

Property

  • Lot DescriptionCorner Lot, Level Lot, Sloping Lot, Treed
  • Driveway TypePrivate, Shared, Paved, Gravel
  • Garage1
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame, Stone

Amenities

  • Amenities
    • Golf Course
    • Medical Facilities
    • Park
    • Private School(s)
    • Public Transportation
    • Walk to Bus Lines

Auction

  • Bank owned propertyNo

Other

  • Radon mitigation airNo
  • Radon mitigation waterNo
  • Space is leasedNo
  • Remarks addendumOPPORTUNITY ZONE certifed 2 building package is Back On The Market! Stone House Commons, both #10 & #12 Downs St. Qualifies as haven to defer/reduce pay of capital gains from any sort of recent sale, plus potential elimination of capital gains taxes on re-sale ten years later!! Call Owner/Broker for details. Downs Street is a state maintained road that serves as the focal access to central Danbury off I-84. Rare to find such a high profile, FULL COMMERCIAL location, mere 500 feet removed from the Interstate, with ample parking that offers its own rare egress onto the little traveled side street, Smith Street, a quiet residential neighborhood. NEVER A HASSLE to get in and out of this location! Multiple possibilities for both properties, to include proven combination of professional offices with multi-family rental potential in both properties. Total of four fireplaces. Attractive old world built-ins & thick moldings + two-way staircase in #12. Architecturally pleasing old world details. ROOM FOR FURTHER UPGRADES TO COMPLY w/fed tax haven requirements for Opportunity Zone. Can buy subject to rental approvals.
  • View Count158
The Matthews Group
The Matthews Group
Office: 860.868.0511
4 Green Hill Road
Washington Depot, CT 06794
Listing Courtesy of Paul Valeri, Realtors

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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