SOLD
$550,000
Date 01/31/2023

235 Danbury Road
Wilton, CT 06897

Multi-Family
Residential
1
bed
2
Baths
2,024
Sq. Ft.
0.24
Acre Lot
Courtesy: Joe Balestriere - William Raveis Real Estate
Agent Websites> Connecticut> Wilton> 06897
Welcome to one of Wilton's rare multi-family or commercial finds! This four unit retail storefront is located on Danbury Road with tens of thousands of cars passing by each day. It's located close to downtown, and quick access to the Merritt Parkway and I-95. There is the possibility of retail, business, office and residential uses. The four units include a retail space currently used as a salon, a smaller space currently used as a nail salon ($250), a 1 bedroom apartment ($1500), and a studio apartment ($850). Gross rent is now $55,200 with potential for this to increase substantially. Rents for the apartments are well under market value. All currently fully rented, there is a huge cash-flow for this building. They are all in excellent condition and well-maintained by the current owner. There is central air throughout the building, and all mechanicals are in the dry basement as well as laundry and space for plenty of storage. There are 15 parking spaces for tenants and retail customers. All utilities are paid by current landlord.
170467013
Multi-Family, Other
1
Fairfield
2 Full
1946
0.24 Acres
Private Well
Vinyl siding
Public Sewer Connected
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Joe Balestriere - William Raveis Real Estate
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