New Haven, CT 06511,122 Derby Avenue
New Haven, CT 06511,122 Derby Avenue
New Haven, CT 06511,122 Derby Avenue
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$599,000
Est. payment /mo
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7 Beds
5 Baths
3,434 SqFt
New

122 Derby Avenue New Haven, CT 06511

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Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 3,434 sqft

Price per Sqft $174

MLS Listing ID 24104436

Style Units on different Floors,Units are Side-by-Side

Bedrooms 7

Full Baths 5

Year Built 1900

Annual Tax Amount $8,716

Lot Size 0.460 Acres

Property Sub-Type 5 Family+

Property Description

Discover 122 Derby Avenue, a classic five-unit multi-family in New Haven's West River neighborhood. The unit mix includes two 2-bedrooms, two 1-bedrooms, and one large studio-ideal for a range of tenant types. Two units are currently leased and three are empty, making it a great opportunity for investors or owner-occupiers looking to generate strong rental income. The property includes a full unfinished basement with room for updates or value-add improvements. Just minutes from Yale University, downtown New Haven, and major highways, the location offers high rental demand and strong tenant appeal. Once fully leased, the building is projected to operate at a conservative 9% cap. Schedule your showing today.

Location

State CT

County New Haven

Zoning BA

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Hot Air, Radiator

Cooling None

Exterior

Exterior Feature Porch-Enclosed, Porch

Parking Features None, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Brick, Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Barnard

High Schools Hill Regional


Listed by Aharon Cowen • Alpha Capital Realty, LLC
agent
Vintia Mullen

Broker | REB. 0795145

+1(203) 910-5039 | vintia@nellsenrealtygroup.com

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122 Derby Avenue