Last Sold Price
8 beds2,906 sqft$249/sqft
2 Reservoir Rd, Danbury, CT 06810

Description

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...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.
LISTING CLOSED: 10/31/2022 12:00 AM

  1. Listed by Lisa Faillace • RE/MAX Right Choice
    P: (203) 300-4971 C: (203) 300-4971 lfaillace@aol.com

Property Details for 2 Reservoir Road

Status
MLS #
170511844
Days on Market
73
Taxes
$7,803 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / 4 Family
Year Built
1945
Lot Size
0.39 AC / 16,988 SF
Basement Description
None
Direct Waterfront
No
Garages Number
0
Neighborhood
Long Ridge
Style
Units on different Floors
Garage Parking Info
Driveway
Swimming Pool
No

Recent comparable sales

Median sold price

$790,000

Avg days on market

19

Sale-to-list ratio

100.2%

Danbury, CT

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Square Feet
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$790,000 | 3 Prospect Street, Danbury, CT 06810
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Location

Listing Courtesy of RE/MAX Right Choice, Lisa Faillace

Sold By Keller Williams Realty, Chris Dibiase

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Building Information for 2 Reservoir Road

Stories-Residences4Year Built1945Building Size-Lot Size0.39 AC / 16,988 SF

Payment Calculator

$4,335 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,685

Property Taxes

$650

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2 Reservoir Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Mountainville Rd to Reservoir St to right on Reservoir Rd
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Danbury
  • Intermediate School: Per Board of Ed
  • Latitude: 41.366566
  • Longitude: -73.433912
  • Middle Jr High School: Per Board of Ed
  • Neighborhood Amenities: Park, Private School(s), Public Transportation, Shopping/Mall
  • State: Connecticut
Parking
  • Parking Total Spaces: 8
HOA and Fees
  • Home Owner's Assocation: No
  • Property Tax: $7,803
Interior and Exterior Features
Exterior Features
  • Exterior Features: Garden Area
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Pull-Down Stairs
  • Cooling System: None
  • Heat Type: Baseboard, Hot Water
  • Attic YN: Yes
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer Some Units
  • Laundry Room Location: Laundry in each unit
  • Rooms Total: 17
Property
Property and Assessments
  • Construction Description: Frame
  • Elevation Certificate: No
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Slab
  • Fuel Tank Location: Above Ground
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1945
  • Year Built Source: Approximate
  • Bank Owned Property: No
  • Sq Ft Est Heated Below Grade: 0
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 88378
  • Sq Ft Est Heated Above Grade: 2906.0
  • Sq Ft Total: 2906.0
  • Zoning: RA80
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Domestic
  • Sewage System: Septic
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 13000
  • Gross Annual Income: 80700
  • Net Operating Income: $67,700
  • Occupied By: Tenant
  • Total Number of Units: 4
  • Total Rooms Multi Family: 17
Building Details
  • Unit Count: 4
Unit 1
  • Unit Appliances: Electric Range,Refrigerator,Washer,Dryer
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 07-26-2022
  • Unit Monthly Rent: $2,000
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 2
  • Unit Appliances: Electric Range,Refrigerator,Washer,Dryer
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 07-26-2022
  • Unit Monthly Rent: $2,000
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 3
  • Lease: Leased
  • Lease Expires: 04-01-2023
  • Unit Appliances: Gas Range,Refrigerator,Washer,Dryer
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 07-26-2022
  • Unit Monthly Rent: $1,700
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Leased
  • Lease Expires: 04-01-2023
  • Unit Appliances: Gas Range,Refrigerator,Washer,Dryer
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 07-26-2022
  • Unit Monthly Rent: $1,700
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Lease Expires: 04-01-2023
  • Unit Appliances: Gas Range,Refrigerator
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 07-26-2022
  • Unit Monthly Rent: $1,550
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Leased
  • Lease Expires: 04-01-2023
  • Unit Appliances: Gas Range,Refrigerator,Washer,Dryer
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 07-26-2022
  • Unit Monthly Rent: $1,700
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 7
  • Lease: Leased
  • Lease Expires: 04-01-2023
  • Unit Appliances: Gas Range,Refrigerator
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 07-26-2022
  • Unit Monthly Rent: $1,550
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 8
  • Lease: Leased
  • Lease Expires: 04-01-2023
  • Unit Appliances: Gas Range,Refrigerator,Washer,Dryer
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 07-26-2022
  • Unit Monthly Rent: $1,700
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 2 Reservoir Road

DateEvent & SourcePriceAppreciation
Nov 7, 2003

Closed (Public Record)

Public Record #128058541

$400,000
DateEvent & SourcePrice
11/07/2003

Closed (Public Record)

Public Record #128058541

$400,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2 Reservoir Road

Taxable ValueLand$81,900Additions$364,840Total$446,740
Tax Record2025$11,164 ($930 / month)
Home Facts
Lot Size16,988 SqFtStyleMulti-Family Dwelling (2-4)ZoningRA80CountyWESTERN CONNECTICUTAPNDANB M:K19 L:3

Schools near 2 Reservoir Road

This home is within Danbury School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
South Street School
PublicK to 5

Rogers Park Middle School
Public6 to 8

Danbury High School
Public9 to 12

Alternative Center For Excellence
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2 Reservoir Road, Danbury, CT 06810
$725,000
8
2,906
16,988
$76,000
32,234
$407,000
3
3,100
14,374
$130,000
101,494
$17,000
3
2
1,175
5,227
2
1
1,210
40,946

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Right Choice, Lisa Faillace

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.