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447 and 451 Meadow Street 2,935 SF Specialty Building Offered For Sale in Fairfield, CT 06824

Investment Highlights
- Income producing- 2, Cape-Style Residential Homes
- Desirable Fairfield location
- Future Development Potential
Executive Summary
Investment opportunity. Income producing assets with future development potential. Rare opportunity at acquire two Cape-style properties situated on a combined 0.35 acre site is a desirable Fairfield location. Currently leased and generating income, this property offers investors immediate cash flow while providing long term development potential.
Property Highlights:
* Two detached Cape-style homes
* Fully leased with existing rental income
* Combined site of approximately 0.35 acres
* Strategic Fairfield location with convenient access to major transportation corridors, retail amenities, and employment centers
* Flexible investment profile suitable for investors, developers and owner operators
Value-Add Development Opportunity:
The combined parcel configuration presents a compelling opportunity to explore redevelopment options, subject to municipal
approvals and zoning requirements. Investors can benefit from current rental income while evaluating the site's highest and best use.
The properties offer a unique combination of income, land value, and upside potential.
Property Highlights:
* Two detached Cape-style homes
* Fully leased with existing rental income
* Combined site of approximately 0.35 acres
* Strategic Fairfield location with convenient access to major transportation corridors, retail amenities, and employment centers
* Flexible investment profile suitable for investors, developers and owner operators
Value-Add Development Opportunity:
The combined parcel configuration presents a compelling opportunity to explore redevelopment options, subject to municipal
approvals and zoning requirements. Investors can benefit from current rental income while evaluating the site's highest and best use.
The properties offer a unique combination of income, land value, and upside potential.
Property Facts
| Sale Type | Investment | Lot Size | 0.34 AC |
| Property Type | Specialty | Building Size | 2,935 SF |
| Property Subtype | Residential Income | No. Stories | 2 |
| Building Class | C | Year Built | 1940 |
| Zoning | DID - DID- Design Industrial District | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 2,935 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Zoning | DID - DID- Design Industrial District |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $90,650 | |
| Land Assessment | $294,140 | Total Assessment | $384,790 |
Property Taxes
Parcel Numbers
Land Assessment
$294,140
Improvements Assessment
$90,650
Total Assessment
$384,790
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447 and 451 Meadow Street
