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42 Poe Court 42 Poe Ct 4 Unit Apartment Building $1,800,000 ($450,000/Unit) 6.61% Cap Rate Fairfield, CT 06825



Investment Highlights
- Access & Connectivity
- Nearby Higher Education
- Separately Metered Utilties
- Area Amenities & Demand Drivers
- Recently Renovated Asset
- Off-Street Parking
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 42 Poe Court in Fairfield, CT (the “Property”). The two-story building contains four (4) total units comprised of two (2) 3-Bedroom/2.5-Bathroom units and two (2) 2-Bedroom/1-Bathroom units with 4,875 square feet of gross living area in 4,939 square feet of gross area. The Property is situated upon a 0.34-acre parcel and features off-street parking spaces. 42 Poe Court is well-positioned in Fairfield, offering strong access to the town’s vibrant retail corridors, surrounding residential neighborhoods, and coastal amenities. The property benefits from convenient connectivity to major regional routes including Interstate 95 and Merritt Parkway, as well as proximity to the Fairfield Metro Station, providing efficient commuter rail access to New York City, Stamford, and the broader Connecticut Gold Coast.
Property Facts
| Price | $1,800,000 | Building Class | C |
| Price Per Unit | $450,000 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 4,939 SF |
| Cap Rate | 6.61% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1966/2023 |
| Property Subtype | Apartment | ||
| Zoning | C | ||
| Price | $1,800,000 |
| Price Per Unit | $450,000 |
| Sale Type | Investment |
| Cap Rate | 6.61% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 4,939 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1966/2023 |
| Zoning | C |
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Property Taxes
| Parcel Number | FAIR-000079-000000-000229-A000000 | Improvements Assessment | $393,820 |
| Land Assessment | $211,960 | Total Assessment | $605,780 |
Property Taxes
Parcel Number
FAIR-000079-000000-000229-A000000
Land Assessment
$211,960
Improvements Assessment
$393,820
Total Assessment
$605,780
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42 Poe Court | 42 Poe Ct
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