465 Edward Street new Save Request In-Person Tour Request Virtual Tour
Fairfield,CT 06824
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,403 sqft
Price per Sqft $544
MLS Listing ID 24110084
Style Units are Side-by-Side
Bedrooms 10
Full Baths 7
Half Baths 1
Year Built 1961
Annual Tax Amount $20,696
Lot Size 9,147 Sqft
Property Sub-Type 2 Family
Property Description
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!
Location
State CT
County Fairfield
Zoning B
Rooms
Basement Full,Storage,Interior Access,Partially Finished
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Exterior Feature Sidewalk,Tennis Court,Deck,Gutters,Covered Deck,French Doors
Parking Features None,On Street Parking,Off Street Parking,Driveway
Waterfront Description Walk to Water,Beach Rights,Water Community
Roof Type Asphalt Shingle
Building
Lot Description Some Wetlands,Level Lot
Foundation Concrete
Sewer Public Sewer Connected,Public Sewer In Street
Water Public Water Connected,Public Water In Street
Schools
Elementary Schools Roger Sherman
Middle Schools Roger Ludlowe
High Schools Fairfield Ludlowe