34A Padanaram Rd Unit 121, Danbury, CT, 06811

About the Home

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"