Danbury Condominium

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Listing Courtesy of Joseph Lilly of Sky Realty,LLC
Investors only. Studio condominium. Current Rent $1,000. Potential Rent $1,200. CONDO FEE INCLUDES HEAT AND HOT WATER FOR ONLY $133 Taxes are $91. Owner nets $776 per month first month of ownership or a 6.2% return on day one. After $200 increase, owner will net $976 per month or 7.8% return on investment. Unit will only be delivered with TAW tenant. Tenant pays on time every month. Condo association is in excellent financial condition, It currently has over $200,000 in reserves. Future owner management is minimal as there is no heating system and hot water tank to take care of. It is the condo association's responsibility. Unit has its own direct entrance from outside making entry very easy, it is only one step.

Property Details of 30 Danbury Drive, Unit 4

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