For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,851 sqft
Price per Sqft $183
MLS Listing ID 24119865
Style 3updown - Unit(s) per Floor
Bedrooms 8
Full Baths 4
Year Built 1930
Annual Tax Amount $12,103
Lot Size 9,147 Sqft
Property Sub-Type 3 Family
Property Description
8 Smith Street, Danbury - Legal 3-Family with Income Potential in Prime Location Discover nearly 4,000 sq ft of income-generating space (not including the finished basement) in the heart of Danbury. This legal 3-family property offers multiple revenue streams and is ideal for both investors and owner-occupants. Unit 1 - Recently remodeled with spacious bedrooms, 2 full baths, gleaming hardwood floors, and fresh paint throughout. Perfect for immediate occupancy or top-dollar rental income. Current Rents + Future Potential Two units are already rented. With Unit 1 ready to go, you can begin collecting income immediately. Run the numbers-this is a strong cash-flow opportunity. Added Value Features Finished basement - freshly painted, great for storage or future enhancement Solar panels - reduce utility costs and increase ROI Paved parking lot - ample space for multiple tenants or visitors Prime Location Just a short walk to downtown Danbury, shops, restaurants, and public transit-making this a location tenants actively seek out.
Location
State CT
County Fairfield
Zoning R3
Interior
Heating Hot Water
Cooling None
Exterior
Parking Features None, Paved
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description City Views, Level Lot
Foundation Concrete
Sewer Public Sewer In Street
Water Public Water Connected
Schools
Elementary Schools Morris Street
High Schools Danbury
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Maria Bardelli • Douglas Elliman of Connecticut
GET MORE INFORMATION



