Derby, CT 06418,63 Derby Avenue
Derby, CT 06418,63 Derby Avenue
Derby, CT 06418,63 Derby Avenue
10
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$1,150,000
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12 Beds
8 Baths
5,173 SqFt
Under Contract

63 Derby Avenue Derby, CT 06418

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Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,173 sqft

Price per Sqft $222

MLS Listing ID 24136435

Style Units on different Floors

Bedrooms 12

Full Baths 8

Year Built 1900

Annual Tax Amount $10,049

Lot Size 3,920 Sqft

Property Sub-Type 5 Family+

Property Description

Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 2 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!

Location

State CT

County New Haven

Zoning P

Rooms

Basement Full, Full With Hatchway

Interior

Heating Hot Air

Cooling Window Unit

Exterior

Exterior Feature Patio

Waterfront Description Not Applicable

Roof Type Flat

Building

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Irving

High Schools Derby


Listed by Justin Sudol • Alpha Capital Realty, LLC

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 15
  • 9

    Turkey Hill School

    Public | 1 - 6

  • 7

    Long Hill School

    Public | PK - 4

  • 7

    Sunnyside School

    Public | KG - 4

  • 6

    Perry Hill Elementary School

    Public | 5 - 6

  • 4

    Bradley School

    Public | PK - 5

  • 4

    Prendergast School

    Public | KG - 6

  • 4

    Mead School

    Public | KG - 6

  • 2

    Irving School

    Public | PK - 5

  • 0

    Kid's First Learning Center

    Private | PK - TKG

  • 0

    St Joseph School

    Private | PK - 8

  • 0

    St Mary & St Michael School

    Private | PK - 8

  • 0

    A Child's Garden

    Private | PK - KG

  • 0

    Assumption School

    Private | PK - 8

  • 0

    Julia Day Nursery and Kindergarten

    Private | PK - KG

  • 0

    The Foundation School Orange

    Private | KG - 9

Middle Schools 3
  • 6

    Intermediate School

    Public | 7 - 8

  • 2

    Derby Middle School

    Public | 6 - 8

  • 2

    Ansonia Middle School

    Public | 7 - 8

High Schools 4
  • 6

    Shelton High School

    Public | 9 - 12

  • 4

    Derby High School

    Public | 9 - 12

  • 4

    Emmett O'Brien Technical High School

    Public | 9 - 12

  • 3

    Ansonia High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Omar Harper

Omar Harper

Broker Associate

+1(845) 209-0133

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63 Derby Avenue