Property
| Ownership: | Multi-Family |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | 10 BR |
| Bathrooms: | 8 |
| Pets: | Pets Unknown |
| Area: | 4403 sq ft |
FinancialsPrice:$2,398,000Annual Taxes:$20,696
DescriptionExtremely 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- Covered Deck
- Deck
- Elementary School - Roger Sherman
- French Doors
- Gutters
- High School - Fairfield Ludlowe
- Intermediate School -
- Ridge Vents
- Sidewalk
- Tennis Court
- Window Unit
NeighborhoodMore listings:
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!
- Covered Deck
- Deck
- Elementary School - Roger Sherman
- French Doors
- Gutters
- High School - Fairfield Ludlowe
- Intermediate School -
- Ridge Vents
- Sidewalk
- Tennis Court
- Window Unit
NeighborhoodMore listings:
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.
DescriptionExtremely 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- Covered Deck
- Deck
- Elementary School - Roger Sherman
- French Doors
- Gutters
- High School - Fairfield Ludlowe
- Intermediate School -
- Ridge Vents
- Sidewalk
- Tennis Court
- Window Unit
NeighborhoodMore listings:
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!
- Covered Deck
- Deck
- Elementary School - Roger Sherman
- French Doors
- Gutters
- High School - Fairfield Ludlowe
- Intermediate School -
- Ridge Vents
- Sidewalk
- Tennis Court
- Window Unit
NeighborhoodMore listings:
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