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506 Old Stratfield Road

Fairfield, Connecticut 06825

ACTIVE - NEW$645,000
Beds
3
Baths
1 | 1
SqFt
1,352
Acres
0.15
Year Built
1924
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

This is a unique property listed under the category as a Neighborhood designated commercial district, meaning it is a multi use property, commercial can reside on bottom, must conform to the neighborhood such as bakery, yoga studio, office, salon, deli, this bottom commercial has required 7 parking spaces. PLEASE NOTE ALTHOUGH YOU CAN RENT UP AND DOWN THIS IS NOT DIVIDED INTO A 2 FAMILY, UPSTAIRS HAS BEEN RENTED AND ANOTHER SALON DOWNSTAIRS. THIS IS CROSS POSTED AND HS THE POTENTIAL TO ADD ON OR RENOVATE. The upper floor could be turned into "residential apartment" for solid income also has 2 parking spaces to conform if needed, or rented out as it currently has been to another business. Endless options. The original owners are still operating a salon and have now emptied the upper level which was also a beauty business. Willing to transfer all items or remove prior to sale. High visibility corner with operation hope coming soon bringing more foot traffic to the area. Do not miss the opportunity to own a property in fairfield especially with these options. Buyer to due diligence on how many apartments (floors) you can build. Brand new water heater installed 2026. Bring your vision and create your future investment .

Key Facts

City/Town
Fairfield
Neighborhood
Tunxis Hill
Property / Style
Multi-Family · Other
Year Built
1924
Days on Market
0 days
Beds
3
Baths
1 full · 1 half
Living Area
1,352 sq ft
Lot Size
0.15 acres
Garage / Parking
9 total
Property Taxes
$8,354 / Annually

Market Snapshot

The Fairfield Market

Multi-Family · trailing 12 months

View area

Median Days on Market

119

3 active listings

Median $ / Sq Ft

$477

3 active listings

Sale-to-List Ratio

100.0%

20 sales

How this home compares

List Price

$645,000

vs $725,000 median

11.0% below median

Price / Sq Ft

$477

vs $477 median

In line with median

Days on Market

0 days

vs 119 days median

119 days fresher than median

Based on 3 active and 20 closed sales (trailing 12 mo) of multi-family in Fairfield. Source: SmartMLS · As of September 24, 2026.

Location

506 Old Stratfield Road, Fairfield, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,354

per month

  • Principal & Interest$3,443
  • Property Taxes$696
  • Insurance$215
  • HOA$0

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

Location

City/Town
Fairfield
Neighborhood
Tunxis Hill
County
Fairfield

Residence

Property Type
Multi-Family
Subtype
Other
Style
Other
Year Built
1924
New Construction
No/Resale
Living Area
1,352 sq ft

Schools

Elementary
McKinley
High
Per Board of Ed

Interior

Heating
Hot Air
Heat Fuel
Oil
Cooling
Central Air
Laundry
Basement Hook-Up(s)
Laundry Location
basement
Basement
FullUnfinishedStorageInterior Access
Accessibility
Handicap Parking,Ramps

Exterior & Lot

Lot Size
0.15 acres
Zoning
NDBD
Garage / Parking
9 total parking spacesPavedOff Street ParkingDrivewayPrivate
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
No
Construction
Vinyl Siding
Color
beige
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
SidewalkGutters
Lot Description
City Views

Listing & Financials

Property Taxes
$8,354 / Annually
Days on Market
0
MLS #
24208896
MLS Status
Active

Similar Properties

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Listed By

Denise Daniels-Biagi

(203) 953-6933

Coldwell Banker Realty

(203) 254-7100

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

The IDX display contains information sourced from SmartMLS, Inc. as of 9/24/2026. 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 9/24/2026 at 7:11 PM UTC.