JUST REDUCED-AMAZING PRICE. Exceptional investment opportunity in the heart of New Canaan. This fully leased, income-producing 3-family property offers immediate cash flow and long-term value in one of Fairfield County's most desirable communities. Generating $8,450 per month in rental income, the property is meticulously maintained and features 3 well appointed residences, each with in-unit laundry, garage and functional layouts that attract quality tenants. A rare offering, the property incls 6 garage spaces-4 attached to the main residence plus a detached 2-car garage with loft storage-providing additional rental potential, storage, or future flexibility. The charming grounds feature a delightful garden setting, creating an appealing environment for residents. Ideally located within walking distance to New Canaan's vibrant downtown, residents enjoy easy access to fine dining, boutique shopping, parks, cultural attractions, and the Metro-North train with direct service to Grand Central Terminal. Consistently recognized for its top-rated schools, picturesque New England character, and exceptional quality of life, New Canaan remains one of Connecticut's most sought-after residential destinations. Whether expanding an investment portfolio or seeking a multi-generational living opportunity with strong income potential, this turnkey property presents a rare chance to own a premier multi-family asset in an exceptional location. This is a rare opportunity for a savvy purchaser.
48 days
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519
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17
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Zillow last checked:
Listing updated:
Listed by:
Denise Gannalo(203)981-7927,
William Raveis Real Estate203-966-3555
Source: Smart MLS,MLS#: 24179698
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3
Heating
Hot Water, Oil, Propane
Cooling
Ductless, Window Unit(s)
Appliances
Included: Water Heater
Laundry: In Unit
Features
Basement: Full,Garage Access,Walk-Out Access
Attic: None
Number of fireplaces: 1
Interior area
Total structure area: 2,534
Total interior livable area: 2,534 sqft
Finished area above ground: 2,534
Property
Parking
Total spaces: 6
Parking features: Attached, Detached
Attached garage spaces: 6
Features
Exterior features: Balcony, Garden
Lot
Size: 9,147 Square Feet
Features: Level
Details
Parcel number: 187251
Zoning: BRES
Construction
Type & style
Home type: MultiFamily
Architectural style: Units are Side-by-Side
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Stucco
Foundation: Concrete Perimeter
Roof: Asphalt
Condition
New construction: No
Year built: 1941
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Library, Paddle Tennis, Park, Playground, Pool, Tennis Court(s)
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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