465 Edward Street

Fairfield, Connecticut 06824

Status
For Sale
Square Feet
4,403
Beds
10
Price
$2,398,000
Type
Multi-Family For Sale
Garages
Baths
8
MLS
24110084

Price

$2,398,000

Contact an Agent

Interior Details

Interior Size
4,403 Sq Ft
Bedrooms
10
Bathrooms
8
Rooms Total
Garage

Exterior Details

Lot Size
0.21 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected,Public Sewer In Street
Construction
Construction
Cooling
Window Unit

Other Information

Property Tax
$20,696
Assessed Value
$728,980
Elementary School
Roger Sherman
Middle School
Roger Ludlowe
High School
Fairfield Ludlowe

About Property

Extremely rare opportunity to own a side-by-side, Colonial style duplex with over 4400sqft in total and 10 bedrooms-in the heart of the Fairfield beach area. The home is currently rented each academic year through May 2028. Cap spreadsheet is in attachments, illustrating the very positive income flow. Academic rental $19,000-$21,000 per month for entire house. Converting to a 10-month lease after May 2028, currently 9-month with summer furnished available for rent. It is a perfect distance from beach and town, centrally located to all that Fairfield has to offer. The property and home offer a multitude of options, it can remain an academic and summer furnished rental, it can be converted to a single family, survey and elevation certificate available for new construction or live in one side and rent or have family on the other side. Truly a turn-key, easy investment for long term!
Listed by William Raveis Real Estate, Jessica Walsh. Data sourced from SmartMLS

Schedule Showing