21 Derby Avenue Under Contract Save Request In-Person Tour Request Virtual Tour
Derby,CT 06418
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 6,029 sqft
Price per Sqft $74
MLS Listing ID 24102380
Style Units are Side-by-Side
Bedrooms 11
Full Baths 4
Half Baths 2
Year Built 1879
Annual Tax Amount $9,628
Lot Size 2,613 Sqft
Property Sub-Type 4 Family
Property Description
Incredible Mixed-Use Investment Opportunity in the Heart of Derby! Welcome to 21-21 Derby Avenue, a unique and versatile 4-unit mixed-use property located in the rapidly growing city of Derby, CT. Just minutes from the Merritt Parkway and Route 8, this property offers prime accessibility for both residents and businesses alike. The two upper-level units are spacious, side-by-side townhome-style apartments, each offering two floors of living space with 4 bedrooms and 1.5 bathrooms. Both units also feature additional attic space, providing the potential to add up to 3 more bedrooms per unit-a rare value-add opportunity. The ground-level space has been fully gutted and is ready for transformation. Approved architectural plans are in place to convert the space into a 2-bedroom apartment and a commercial office unit, and these plans will transfer with the sale. This property is being sold as-is. Cash or investment financing preferred. Whether you're an experienced investor or a visionary looking to expand your portfolio, this is your chance to capitalize on Derby's continued growth and revitalization. Don't miss out on this rare, high-upside asset in one of Connecticut's most accessible locations.
Location
State CT
County New Haven
Zoning B-2
Rooms
Basement None
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description City Views,Level Lot,Sloping Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Derby