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34A Padanaram Road #121 Danbury, CT 06811
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Key Details
Sold Price $179,900
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 726 sqft
Price per Sqft $247
MLS Listing ID 24077246
Sold Date 04/08/25
Style Ranch,Mid Rise
Bedrooms 1
Full Baths 1
HOA Fees $354/mo
Year Built 1975
Annual Tax Amount $2,600
Property Sub-Type Condominium
Property Description
This one-bedroom, one-bathroom condo offers a promising opportunity for both investors and homeowners looking for a property with potential. Located on the main level of a secure building, the unit provides easy access to the front entrance and shared amenities, including a laundry room, a spacious recreation/party room, a pool table room, a gym, and a swimming pool. While the unit requires some updates and new appliances, recent improvements such as a new 50-gallon hot water heater and toilet add value. Priced to reflect the needed updates, this condo presents an attractive investment. The "as-is" condition acknowledges the work required, but the property's potential is clear. Common charges cover water/sewer, maintenance, trash and snow removal, pool upkeep, fire system, and security cameras. The building itself has seen key upgrades, including a new roof installed around 2018 and a recently paved and curbed parking lot, with all assessments paid. Additionally, the current owner has covered common charges through August, easing the transition for the next owner. With average monthly rents around $1,800, this condo offers strong rental potential, making it an appealing choice for those seeking passive income. The property's convenient location, desirable amenities, and solid rental prospects make it a valuable opportunity for both investors and buyers looking for a home with potential. Sold "AS IS"
Location
State CT
County Fairfield
Zoning CN20
Rooms
Basement Full, Unfinished, Shared Basement, Storage, Interior Access, Concrete Floor
Interior
Interior Features Cable - Available, Elevator, Intercom
Heating Baseboard, Radiant
Cooling Wall Unit
Exterior
Exterior Feature Breezeway, Awnings, Patio
Parking Features None, Paved, Parking Lot, Unassigned Parking
Pool Safety Fence, In Ground Pool
Waterfront Description Brook
Building
Lot Description Secluded, Some Wetlands, On Cul-De-Sac
Sewer Public Sewer Connected
Water Public Water Connected
Level or Stories 1
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Danbury
Others
Pets Allowed No
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Bought with Indira Goris • Coldwell Banker Realty