tomo logo

$179,900

Beds
1
Baths
1.0
sq ft
726

34 Padanaram Rd Unit 121, Danbury, CT 06811

34 Padanaram Rd Unit 121

Danbury, CT 06811

  • 1 day on market
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"

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$248

Year built

1975

Annual property taxes

$2,600

Monthly HOA fee

$354

Price History

03/10/2025
SmartMLS

SmartMLS #24077246

Listed
$179,900

Schools & Community

Elementary school: 

Per Board of Ed

Middle school: 

Per Board of Ed

High school: 

Danbury

Status: Active

Tomo last checked: 03/12/2025 at 12:25 AM

Listing updated: 03/10/2025 at 2:15 PM

Listed by: Sandy J. Anderson, Berkshire Hathaway NE Prop. Phone #: (203) 948-4164

MLS: SmartMLS #24077246

SmartMLS logo

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