Sold

7 Padanaram Road Unit D98, Danbury, CT 06811

Beds
2
Bath
1
Sqft
851

View property features, location on map, relevant school information and overview from seller's agent.

Listed byColdwell Banker Realty
  • 1
  • 0

Overview

Strong ROI on Padanaram! Attention Investors: This 2-bedroom, 1-bath condominium on Danbury's west side is a rental investment opportunity you won't want to miss. Located in Brookside, this main-level unit offers over 850 sq. ft. with an open floor plan and a walk-out patio. In today's tight rental market, this condo projects a gross ROI of nearly 13%-far beyond what any bank is paying on idle savings! Brookside residents enjoy a large common laundry room, an in-ground pool for summer fun, and acres of greenspace for recreation. With plenty of parking, a well-maintained complex, and a newly improved management company in place, you'll benefit from reasonable common charges and no assessments-keeping your investment secure and cash-flow friendly. Not an investor? This affordable condo is also the perfect first-time homeowner opportunity at a price point rarely seen in today's market. Why pay rent when you can pay yourself? With just a little updating, this home is ready to shine-whether you're looking to live here or grow your portfolio with a proven money-maker.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of bedrooms
2
Number of bathrooms
1
Square feet
851
Year built
1976

Exterior features

Area amenities
Golf Course

Utilities

Heating
Electric, Baseboard
Cooling
Wall unit(s)
Sewer
Public sewer
Water
Public

Estimated monthly costs

HOA Fees
$360

Taxes

Tax Annual Amount
$2,503

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Smart MLS MLS®#: 24128286 Last checked:

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.