Welcome to 50 Exchange Place, a spacious multifamily property offering 5 bedrooms and 3 full bathrooms. The first unit has been completely renovated, while the second unit is newly constructed and currently occupied by excellent tenants, providing immediate rental income. With its flexible layout and updated living spaces, this property offers a great opportunity to live in one unit while benefiting from rental income from the other. Conveniently located near shopping, dining, schools, public transportation, and major roadways, 50 Exchange Place offers a combination of modern updates, convenience, and income potential. Schedule your showing today!
!!!ASSUMABLE 3% VA LOAN - APPROX. $468,000 BALANCE!!! A rare opportunity to secure a substantial portion of your financing at just 3% on this fully renovated Fairfield two-family! Current rents total $4,650/month and are believed to be below market, creating a compelling opportunity for owner-occupants and investors alike. Live in one unit and let the other help offset your housing costs or add a turnkey income-producing property to your portfolio. Completely renovated and thoughtfully updated from top to bottom, the home features a 1 bedroom, 1 bath first-floor apartment & a 3 bedroom, 1 bath apartment spanning the 2nd & 3rd floors. Both units offer updated kitchens with quartz countertops, custom white cabinetry, stainless steel appliances and designer tile backsplashes, along with renovated baths, crown molding, recessed lighting, updated flooring and neutral contemporary finishes. The upper unit includes flexible living space, a dedicated office/flex room and walk-in closet. Instant hot water heaters & extensive renovation work offer added efficiency & peace of mind for years to come. Outside, enjoy a covered front porch, multi-level rear decks, & a fully fenced backyard with fire pit area w/cafe lighting. Convenient to schools, shopping, restaurants, parks, Metro-North &major commuting routes. Current rents: $1,925 for the 1BR & $2,725 for the 3BR. Loan assumption subject to servicer approval & buyer qualification. !!!ASSUMABLE 3% VA LOAN - APPROX. $468,000 BALANCE!!!
OPPORTUNITY KNOCKS TWICE with the only two-family home on Fairfield beach road Peninsula. Great rental income. Newly painted inside and out and completely furnished. This duplex features a spacious four-bedroom unit and a two-bedroom unit on the creek side with private gate access to the beach just across the road. Features include a wrap-around deck on the creek side with boat access to Long Island Sound, laundry room, and an oversized two-car garage with extra storage. Enjoy the beach and have generous rental income all at once. Opportunity does knock twice.
Fairfield is located in Connecticut. Fairfield, Connecticut has a population of 61,737. Fairfield is more family-centric than the surrounding county with 39.47% of the households containing married families with children. The county average for households married with children is 34.39%.
The median household income in Fairfield, Connecticut is $149,641. The median household income for the surrounding county is $101,194 compared to the national median of $69,021. The median age of people living in Fairfield is 40.4 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 21.6 degrees. The average rainfall is approximately 47.3 inches per year, with 28.6 inches of snow per year.
