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Listed price in listed location currency (USD).
$1,150,000

1280

MLS® 24136435

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 5173 sqft
Garage No
Taxes $10,049
Days Active 75
Lot Size 0.09 acres
Approx. Age 1900
Avg. Price Per Sqft $222
MLS® Number 24136435

Property Address: 63 Derby Ave, Derby, CT, 06418-2062

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number24136435
Laundry LevelHook-Up In Unit 4
Central VacNo
FireplaceNo
Acreage0.09
Exterior
GarageNo
Approx. Age1900
BasementFull, Full With Hatchway
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

Other

Oct 28, 2025List Date
$1,150,000List Price
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Starting Address
Destination Address
63 Derby Ave, Derby, CT

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