Amazing investment opportunity on the Danbury/Bethel line. Own two homes on one lot! The main house homes three families with established tenants and fair market value on all leases. All units are two bedrooms, one bath and offer washer/dryer in all the units. Separate metered oil, electric and propane for gas range. The other home is a single family also with 2 bedrooms and one full bath. This adorable home has just been painted and has new entry and kitchen flooring after becoming vacant after years of tenancy. Home offers plenty of storage or expansion with pull down stairs to full attic. Single family is known a 1A Martino Lane for mailing. Ideal for the owner occupied-live for FREE while collecting rents on the main house. Both homes have separate septic systems which are pumped annually. All of this on a quiet, out of town, level 0.39 acres. Manicured lawns for each house are great for summer barbecues or just to let the kids play! Property is just minutes to downtown Bethel and Danbury. Easy highway access. Don't let this exciting opportunity pass you by before its gone.
Multi-familyProperty Type
1945Year Built
0.39 acresLot Size
$326Est. Price/Sq.Ft.
8 spacesParking
Listed by Lisa Faillace• RE/MAX Right Choice
Bought with Chris Dibiase• Keller Williams Realty
Source:Smart MLS #170511844
Redfin Estimate
$946,606
$222K since sold in October 2022$29K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 54.4% higher than the average sale price ($613K) of 5 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.39 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Fairfield County
APN
88378
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2023.
RA-80
Single Family Residential District
It is the purpose and intent of these districts to promote the following: to provide for low density housing in appropriate locations, and to permit limited public and quasi-public uses appropriate for residential neighborhoods.; to protect residential areas from changes and intrusions, which may cause deterioration.; to promote environmental protection and to meet minimum standards of health and safety by protecting against hazards and nuisances.; to provide for adequate daylight, ventilation, quiet, privacy, and recreational opportunity and to prevent congestion and the overcrowding of land caused by excessive densities.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Recreation
Park & open space
Property details
Parking
Garage Information
Garage & Parking: Driveway
Parking Information
Parking Total Spaces: 8
Interior
Virtual Tour Information
Has Virtual Tour
Interior Information
Laundry Room Location: Laundry in each unit
Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer Some Units
Bathroom Information
# of Baths (Full): 4
Bedroom Information
Beds Total: 8
Room Information
Basement Description: None
Has Attic
Attic Description: Pull-Down Stairs
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Vinyl Siding
Exterior Features: Garden Area
Lot Information
Lot Description: Level Lot
Building Information
Foundation Type: Slab
Construction Description: Frame
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 4 Family
Financial
Assessments Information
Assessed Value: $276,500
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Septic
Hot Water Description: Domestic
Heat Type: Baseboard, Hot Water
Heat Fuel Type: Oil
Fuel Tank Location: Above Ground
Location
Multi-Unit Information
Unit Count: 4
Total Rooms Multi Family: 17
Total Number of Units: 4
School Information
Middle Jr High School: Per Board of Ed
Intermediate School: Per Board of Ed
High School: Danbury
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Nearby Amenities: Park, Private School(s), Public Transportation, Shopping/Mall
Directions: Mountainville Rd to Reservoir St to right on Reservoir Rd
County: Fairfield
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.39 acres
Style: Other
Year Built: —
Year Renovated: —
County: Fairfield County
APN: 88378
Home facts updated by county records on Jul 13, 2023
Other
Documents & Disclosures
Supplement Count Public: 2
Around this home
Schools
South Street School
Public K-5 • Assigned • 1.5mi
4/10
Rogers Park Middle School
Public 6-8 • Assigned • 1.2mi
3/10
Danbury High School
Public 9-12 • Assigned • 3.9mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Danbury, CT • 06810
Average low and high temperatures (°F)
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68
81
60
76
57
66
45
54
36
39
24
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$900,000 – $1.09M
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