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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 Facts

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
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • FAIR-000080-000000-000184
  • FAIR-000080-000000-000185
Land Assessment
$294,140
Improvements Assessment
$90,650
Total Assessment
$384,790
  • Listing ID: 41028501

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 447 and 451 Meadow Street, Fairfield, CT 06824

Contact the Sale Advisor

447 and 451 Meadow Street

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