63 Derby Avenue, Derby, CT 06418
Local realty services provided by:ERA Key Realty Services
63 Derby Avenue,Derby, CT 06418
$1,150,000
- 13 Beds
- 9 Baths
- 5,173 sq. ft.
- Multi-family
- Pending
Listed by: justin sudol
Office: alpha capital realty, llc
MLS#:24136435
Source:CT
Price summary
- Price:$1,150,000
- Price per sq. ft.:$222.31
About this home
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!
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Home facts
- Year built:1900
- Listing ID #:24136435
- Added:17 day(s) ago
- Updated:November 15, 2025 at 08:45 AM
Rooms and interior
- Bedrooms:13
- Total bathrooms:9
- Full bathrooms:9
- Living area:5,173 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Hot Air
Structure and exterior
- Roof:Flat
- Year built:1900
- Building area:5,173 sq. ft.
- Lot area:0.09 Acres
Schools
- High school:Derby
- Elementary school:Irving
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$222.31
- Tax amount:$10,049 (July 2025-June 2026)
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