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!

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Property Details of 115 Welch Terrace, Beach

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Listed by Tara Hawley of Coldwell Banker Realty

Listing Sold by William Pitt Sotheby's Int'l

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