Looking for rental income while living in the main house? This is the home for you! This legal two family expanded cape home in not your traditional multi-family home. The property is situated in the coveted Fairfield beach area on a dead end cul-de-sac within minutes to downtown Fairfield, the train station, Southport village and a number of beautiful town beaches. The home offers a number of options for prospective buyers. The current homeowners live in the main 4 bedroom 1.5 bath home while renting the completely separate legal apt., with its own entrance above the garage. The apartment is currently occupied by a month to month tenant for $1,500 a month. Have a loved one living with you? What an ideal opportunity to have separate living quarters while being close by to tend to their needs. Are you an investor looking for rental income with a good ROI? Look no further! This home is an excellent investment opportunity. Note, the recently built condominium unit next door to this property sold for $810,000 in November 2019. Upon entering the main home is the dining area which leads into the kitchen. Both the dining room and kitchen step down to the family room. On the main level there are two bedrooms with a full bath. Upstairs there are two additional bedrooms with a half bath. The apartment above the oversized 2 car garage is a one bedroom, one full bath unit with a full kitchen and living area. Many reasons to make this your next purchase!
Full Property Details
Full Property Details for 115 Welch Terrace
Taxes: $9,997 (July 2020-June 2021)
MLS ID: 170363527
Added: 14 day(s) ago
Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Total Bedrooms: 4
Laundry: Washer/Dryer All Units
Exterior Features: Deck, Patio, Porch-Enclosed
Attached garage: Yes
Garage Spaces: 2
Parking: Attached Garage
Garage Description: Attached Garage
Driving Directions: Ruane Street to Welch Terrace
Elementary School: Per Board of Ed
Middle School: Roger Ludlowe
High School: Fairfield Ludlowe
Community Name: Beach
Heating & Cooling
Cooling Type: Central Air
Heating Type: Baseboard, Hot Air, Natural Gas
Heating Fuel: Natural Gas
Water Heater: 40 Gallon Tank, Natural Gas
Sewer: Public Sewer Connected
Water: Public Water Connected
Architectural Style: Units on different Floors
Construction Status: No/Resale
Exterior Const.: Frame, Vertical Siding, Wood
Basement Desc.: Full, Unfinished
Roof: Asphalt Shingle
Square Feet: 2,095
Year Built: 1958
Total Bathrooms: 2
Partial Bathrooms: 1
Total Bathrooms: 1
Lot Size (Acres): 0.89
Lot Description: On Cul-De-Sac, Some Wetlands, Level Lot
Water Front Desc.: Water Community, Beach Rights
Energy Features: Active Solar, Storm Doors, Storm Windows, Thermopane Windows
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Listed by YellowBrick Real Estate LLC Sold by William Raveis Real Estate
115 Welch Terrace, Fairfield, CT 06824 (MLS# 170363527) is a
Multi-Family property with 2 units containing 4 bedrooms, 2 full bathrooms and 1 partial bathroom.
115 Welch Terrace is currently listed for $649,900 and was received on January 13, 2021.
This property is listed by Tara Rowe Hawley from our Fairfield Office.Want to learn more about 115 Welch Terrace?
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