$1,150,000 ($222.31 per sqft)

Under Contract

Est. Mortgage $5,369/mo *

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Listing courtesy of Justin Sudol (203) 980-6412, Alpha Capital Realty, LLC (860) 507-3394

63 Derby Avenue, Derby , CT, 06418

63 Derby Avenue, Derby , CT, 06418
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31 rooms

13 beds

9 Full baths

1900

Units on different Floors

5,173 sqft

Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 3 commercial spaces-(4) 2-bedroom/1-bath, (2) 1-bedroom/1-bath apartments, 2 deli/retail spaces, and 1 office-offering a diversified tenant mix with immediate cash flow. Four of the six residential units have been updated within the last year. All tenants are separately metered and cover their own utilities, and heating is provided via a mix of electric baseboard and gas systems, keeping overhead low. There is a clear value-add opportunity with below-market rents in both the residential and commercial units, creating upside through rent adjustments and lease restructuring. Strong visibility and steady local demand further enhance long-term growth potential. Whether you're an experienced investor or expanding your portfolio, this property offers both stability and upside. Schedule your private tour today!

Status:

Under Contract

Type:

Multi-family

Laundry Remarks:

Hook-Up In Unit 4

Units:

9

Zoning:

P

Heating:

Hot Air

Cooling:

Window Unit

Basement:

Full, Full With Hatchway

Acreage:

0.09

Est. Taxes:

$10,049

Assessment

$232,610

Lot Description:

N/A

Elementary School:

Irving

High School:

Derby

Days on Market:

9

MLS #:

24136435

Community Info

School Info

Walk Score

Mass Transit

Yelp

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