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$429,000
Est. payment /mo
4 Beds
3 Baths
1,666 SqFt
UPDATED:
09/12/2024 06:53 PM
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 1,666 sqft
Price per Sqft $257
MLS Listing ID 24003336
Style Other
Bedrooms 4
Full Baths 3
Year Built 1901
Annual Tax Amount $8,251
Lot Size 7,840 Sqft
Property Description
Attention Builders / Investors...Rare New Build / Ownership opportunity in the heart of sought-after Black Rock. NX1 - Neighborhood Zone. Preliminary Highest & Best Use considerations indicate a minimum of 4 to 6 units. Owner financing open to discussion. A strong "Land Bank" option. Lease back to owner while you pursue entitlements. Spruce up the existing SF dwelling and rent longer term. A new right sized multifamily dwelling will remain a distinct rental / tenant draw in spite of the recent surge in large apartment building / new development and supply. Black Rock will persist as a Path of Growth investment centric neighborhood. Walk to the Fairfield Metro Station. Enjoy a vibrant downtown Black Rock and its array of boutique shops, restaurants, and entertainment. Stroll along the Long Island Sound shoreline in coveted St Mary's by the Sea or visit other nearby beach and park locations. Do not walk the site without an appointment. An interior inspection of the existing home will be made available as part of a contingency of an offer to purchase. No representation being made as to the condition of existing structures.
Location
State CT
County Fairfield
Zoning NX1
Rooms
Basement Full
Interior
Heating Hot Air
Cooling None
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Waterfront Description Walk to Water
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Black Rock
High Schools Bassick
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Listed by Tom Preston • Keller Williams Realty
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