Fairfield, CT 06824,465 Edward Street
Fairfield, CT 06824,465 Edward Street
Fairfield, CT 06824,465 Edward Street
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$2,398,000
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10 Beds
8 Baths
4,403 SqFt
Open Thu 11AM-2PM

465 Edward Street Fairfield, CT 06824

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Thu Jul 17, 11:00am - 2:00pm

Sun Jul 20, 12:00pm - 2:00pm

UPDATED:

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


Listed by Jessica Walsh • William Raveis Real Estate

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agent

Judes Joseph

Broker | License ID: REB.0794553

+1(203) 246-6842

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465 Edward Street