This Multifamily Property is no longer advertised on LoopNet.com.

1 Siboney Ter
Danbury, CT 06811
Lakefront Units · Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Apartment Style Garden
Lot Size 0.22 AC
Building Size 3,000 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1953/2000
Zoning RA20

Amenities

Unit Amenities

  • Views
  • Deck
  • Dock

Site Amenities

  • Clubhouse
  • Waterfront
  • Cabana
  • Dock
  • Lake Access
  • Sundeck

About 1 SIBONEY TER , DANBURY, CT 06811

This unique Investment property offers 6 separate buildings, each 1 BR cottage with year round lake views . The 6 boats slips can be rented seasonally for additional income at $2,000/season. This property is located in a quiet cul-de-sac with direct waterfront access. Excellent upside potential for renovation. Units are fully rented. Current Rents are below market for this area. The property is an excellent income producing investment and a rare 7.7% Cap Rate for Lake front in Fairfield County. NOI: $68,717 (including boat & jet ski slips). Large, private lake front covered deck with built-in bar and tables is on-site for tenant only use

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,125 400 - 730

Property Taxes

Property Taxes

Parcel Number
DANB-000004I-000000-000005
Land Assessment
$359,940
Improvements Assessment
$296,170
Total Assessment
$656,110
  • Listing ID: 11586374

  • Date on Market: 2/13/2018

  • Last Updated:

  • Address: 1 Siboney Ter, Danbury, CT 06811

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