51 Locust Avenue

Danbury, CT 06810

$600,000
Price
5
Beds
3
Baths
4,188 Sq. Ft.
$143 / Sq. Ft.
4,188
Sq. Ft.
$143
per Sq. Ft.

Description

Investors take notice! 3 residential units with a detached 2 car garage. All units have separate updated utilities. Rents are currently below market value. Neighboring property at 53 Locust Avenue also available for sale separately for $675k or as a package.Investors take notice! 3 residential units with a detached 2 car garage. All units have separate updated utilities. Rents are currently below market value. Neighboring property at 53 Locust Avenue also available for sale separately for $675k or as a package.
  1. Listed by Joseph M Perun • Perun Properties
    P: (203) 313-5197 C: (203) 313-5197 josephmperun@yahoo.com

Property Details for 51 Locust Avenue

Basement Description
Full
Direct Waterfront
No
Garages Number
2
Neighborhood
Germantown
Style
Units on different Floors
Garage Parking Info
Detached Garage, Paved, Off Street Parking
Swimming Pool
No

Location

Listing Courtesy of Perun Properties, Joseph M Perun
Add your commute
LISTING UPDATED: 04/30/2024 03:28 PM

Property Details for 51 Locust Avenue

StatusActive
MLS #24003594
Days on Market32
Taxes$6,727 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1883
Lot Size0.08 AC / 3,484 SF
CountyFairfield County

Location

Listing Courtesy of Perun Properties, Joseph M Perun
Add your commute

Building Information for 51 Locust Avenue

Stories-Residences3Year Built1883Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

$3,835 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$561

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 51 Locust Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Near Corner of Locust Avenue and Osborne Street
  • Elementary School: Per Board of Ed
  • High School: Danbury
  • Intermediate School: Per Board of Ed
  • Latitude: 41.40344
  • Longitude: -73.44202
  • Middle Jr High School: Per Board of Ed
  • Neighborhood Amenities: Basketball Court, Commuter Bus, Health Club, Lake, Medical Facilities, Park, Public Transportation, Shopping/Mall
  • State: Connecticut
Parking
  • Parking Total Spaces: 8
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $6,727
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch-Enclosed
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Pull-Down Stairs
  • Cooling System: None
  • Heat Type: Radiator
  • Attic YN: Yes
  • Laundry Room Location: Basement of #53
  • Rooms Total: 11
Property
Property and Assessments
  • Color: White
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1883
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Est Heated Below Grade: 1988
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 83384
  • Sq Ft Est Heated Above Grade: 2200.0
  • Sq Ft Total: 4188.0
  • Zoning: RM12
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 12400
  • Gross Annual Income: 47768
  • Net Operating Income: $35,368
  • Occupied By: Tenant
  • Total Number of Units: 3
Unit 1
  • Lease: Leased
  • Lease Expires: 10-31-2024
  • Listing Key: 139770B527A357AEE063D501100ABF20
  • Unit Appliances: Electric Range,Refrigerator
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 04-30-2024
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Listing Key: 139770B527A357AEE063D501100ABF20
  • Unit Appliances: Electric Range,Range Hood,Refrigerator
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 04-30-2024
  • Unit Monthly Rent: $600
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
Unit 3
  • Lease: Leased
  • Lease Expires: 07-31-2024
  • Listing Key: 139770B527A357AEE063D501100ABF20
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 04-30-2024
  • Unit Monthly Rent: $1,800
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 51 Locust Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 51 Locust Avenue

Taxable ValueLand$61,460Additions$226,870Total$288,330
Tax Record2023$6,727 ($561 / month)
Home Facts
Baths3Total Finished SqFt2,200 SqFtAbove Grade Finished SqFt2,200 SqFtUnfinished Basement SqFt1,100 SqFtStories2Lot Size3,485 SqFtStyleTriplexYear Built1883ZoningR-3CountyFAIRFIELDAPNDANB M:J12 L:85

Schools near 51 Locust Avenue

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
Ellsworth Avenue School
PublicK to 5

Broadview 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.

Similar Homes

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Similar Sold Homes

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51 Locust Avenue is a multi-family home for sale in Danbury, CT 06810. This property was listed for sale on April 1, 2024 by Perun Properties, it's currently listed at $600,000. It has been on the market for a total of 32 days and was last sold on October 8, 2015. This listing's school district is Danbury School District. Nearby schools include Ellsworth Avenue School, Broadview Middle School and Danbury High School. 51 Locust Avenue is a 5-bed, 3-bath, 4,188 sqft multi-family home built in 1883.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Perun Properties, Joseph M Perun

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.