10-12 Downs Street #2, Danbury, CT 06810 is now new to the market!

by Paul Valeri 02/18/2019

10-12 Downs Street #3, Danbury, CT 06810
MultifamilyPending
$799,000
10-12 Downs Street #3
Danbury, CT 06810
MLS: SmartMLS
4Baths
5,220Sq Ft
Est. Mortgage
$4,224/mo

Both buildings in new federally designated OPPORTUNITY ZONE, allows deferral +reduction on current capital gains taxes, and eventual tax-free sale of this asset!! Highly visible right off I-84 in central Danbury, CT. Package of two separately deeded multi-use commercial properties, #12 & #10 Downs. Allows full control of 15 car+ parking easy on/off to I-84 at Exit 5, I-84 East. Ideal pro offices + income production out of single family rented stone house. Top notch renovations with room to comply with O.Z. requirements. Has triple pane windows, 50 yr roof, mini-split air in #12. Long precedent for professional offices &/or stately residence in #12, + separate residence in the charming stone house. Mixed-Use possibilities galore! Owner/Broker's real estate company has thrived here since 1975. High profile, signature quality location with hard-to-find, carefree egress onto side street, seconds from the Interstate! Room to make further improvements to comply with Opportunity Zone guidelines, in order to take advantage of AMAZING, heretofore unheard of tax benefits.

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About the Author
Author

Paul Valeri

Put my record as the longest standing Certified Residential Specialist in all of Western Connecticut to work for you today. Licensed broker in CT since 1973, REALTOR Emeritus, I remain at your service, full-time and vital as ever, specializing in Fairfield and Litchfield county residential & serious commercial activity. My picture on the porch of my current home speaks to the fact that I, also, specialize in the design, sale, and construction of classic full log homes, carefully crafted out of specimen full logs originating from First Nation forests off the west coast of British Columbia. Scandinavian scribed, these full log homes are rarely, if ever, available in the eastern United States.

Paul Valeri: born In 1948, married, resides in Bridgewater, CT in their lodge of full log western red cedar. A graduate of the University of Notre Dame. Bronze Star decorated Vietnam Veteran. Owner-Broker of Paul Valeri, REALTORS since 1975. President of the Non-Profit Development Corp of Danbury since 1981. Founder of Danbury’s Vet House, home for ten previously homeless veterans. Canadian Board of Directors for the Miramichi Salmon Association, and founder of its First Cast MSA, a mentorship program that introduces new blood to Atlantic salmon fly fishing. Trustee with the Danbury Museum & Historical Society and its Moderator for The Hat City Ball.

Hobbies include mountain hiking, fly fishing, and playing golf (badly), walking preferred!