$2,398,000

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465 Edward Fairfield, CT, United States 06824

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!

Amenities

  • Bedrooms: 10
  • Full Bathrooms: 7
  • Partial Bathrooms: 1
  • Property Type: Residential
  • Home size: 4,403 ft2 / 409.05 m2
  • MLS: 24110084
  • Status: Active

Property brokered by

William Raveis Real Estate - CT

(877) 339-4082

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