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241 Old Stratfield Road

Fairfield, Connecticut 06825

ACTIVE$755,000

Reduced from $775,000

Beds
4
Baths
2
SqFt
1,524
Acres
0.06
Year Built
1909
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

!!!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!!!

Key Facts

City/Town
Fairfield
Neighborhood
Stratfield
Property / Style
Multi-Family · Units on different Floors
Year Built
1909
Days on Market
78 days
Beds
4
Baths
2 full
Living Area
1,524 sq ft
Lot Size
0.06 acres
Property Taxes
$7,544 / Annually

Market Snapshot

The Fairfield Market

Multi-Family · trailing 12 months

Median Days on Market

78

3 active listings

Median $ / Sq Ft

$495

3 active listings

Sale-to-List Ratio

100.2%

23 sales

How this home compares

List Price

$755,000

vs $999,900 median

24.5% below median

Price / Sq Ft

$495

vs $495 median

In line with median

Days on Market

78 days

vs 78 days median

In line with median

Based on 3 active and 23 closed sales (trailing 12 mo) of multi-family in Fairfield. Source: SmartMLS · As of August 14, 2026.

Location

241 Old Stratfield Road, Fairfield, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,766

per month

  • Principal & Interest$3,885
  • Property Taxes$629
  • Insurance$252
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Fairfield
Neighborhood
Stratfield
County
Fairfield

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1909
New Construction
No/Resale
Living Area
1,524 sq ft

Schools

Elementary
McKinley
High
Fairfield Warde

Interior

Heating
Hot Water
Heat Fuel
Natural Gas
Cooling
Window Unit
Laundry
Washer/Dryer All Units
Laundry Location
basement
Basement
FullUnfinishedStorageWalk-outFull With Walk-Out

Exterior & Lot

Lot Size
0.06 acres
Zoning
B
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Stone
Exterior Features
PorchDeckGuttersGarden AreaLighting
Lot Description
Sloping Lot

Listing & Financials

Property Taxes
$7,544 / Annually
Days on Market
78
MLS #
24176561
MLS Status
Active
Financing
Assumable,FHA,VA,CHFA

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Andrei Balaj

(203) 550-3606

Higgins Group Real Estate

(203) 658-8282

Co-Listed By

Camilo Ramirez

Higgins Group Real Estate

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 8/14/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 8/14/2026 at 3:30 AM UTC.