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$ 250,000
Est. payment /mo
New
21-23 Derby Avenue Derby, CT 06418
11 Beds
6 Baths
6,029 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,029 sqft
Price per Sqft $41
MLS Listing ID 24199551
Style Other
Bedrooms 11
Full Baths 4
Half Baths 2
Year Built 1879
Annual Tax Amount $11,495
Lot Size 2,613 Sqft
Property Sub-Type Other
Property Description
Great opportunity for investors, developers, and owner-users! This mixed-use property offers three residential units plus a commercial storefront, providing excellent potential for multiple income streams once renovated. The property has experienced fire damage and requires significant rehabilitation, making it ideal for an experienced investor looking to restore and reposition the building. The existing layout offers the potential to create a combination of residential rental income and commercial space in a highly visible location. With the right vision and renovation, this property could be transformed into a valuable income-producing asset. This property is also being sold with 25 Derby Ave which is the parking lot attached to the property. Seller is selling this "as is" and there is no access inside at this time concerning safety reasons. This property needs to be torn down and there might be possibility to save the store front but you need town's approval. Buyers should perform their own diligence regarding the building's condition, zoning, permits, utilities, and required repairs.
Location
State CT
County New Haven
Zoning B-2
Rooms
Basement None
Interior
Heating No Heat
Cooling None
Exterior
Parking Features Paved, Parking Lot
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Treed, Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Carolyn Colon-Ortega • Century 21 Scala Group