Location, Value & Cash Flow Great Multifamily Investment Opportunity -- $600,000

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Welcome to 31 Cleveland St in Danbury, CT! Located on a desirable residential street in one of Danbury's most convenient neighborhoods, this well-maintained multifamily property is within walking distance of Western Connecticut State University and Danbury Hospital. Whether you're an investor seeking a fully leased, income-producing asset or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and value. Built in 1983, this newer multifamily home offers the advantages of modern construction with pride of ownership and thoughtful maintenance that shows throughout. On the top floor is a spacious 2 Bedroom apartment that features a huge Living Room and 2 generously sized Bedrooms, creating a comfortable and inviting living space. Newer Kitchen with Hardwood laminate flooring and Pantry. The full bath includes a tub with classic subway tile surround and a convenient linen closet. The front 1st-floor apartment is a 1 bedroom unit with an open-concept layout. Its spacious Living area features a Bay Window that fills the room with light and a casual dining area which opens to the Kitchen. Theres plenty of cabinet and counterspace and easy access to the shared Laundry area with Washer and Dryer. The last apartment is located on the 1st floor in the back. It features a Living Room, galley style Kitchen and 1 Bedroom. In the hallway and bath is attractive Hardwood laminate flooring. Tucked in the rear of the property is a Storage Shed and parking for 4 vehicles. With its combination of location, age, condition, and income potential, this property offers a unique opportunity in today's market. 31 Cleveland St in Danbury, Connecticut is listed by Peter Testa with Kiwi Homes. For more information or to schedule a viewing please contact Peter at 203-442-3873.

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