63 Derby Avenue, Derby, CT 06418
- Beds
- 12
- Baths
- 8
- Sqft
- 5,173
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 12
- Number of bathrooms
- 8
- Square feet
- 5,173
- Lot size (acres)
- 0.09
- Year built
- 1900
Interior features
- Basement
- Yes
Utilities
- Heating
- Electric, Natural gas, Forced air
- Cooling
- Window unit(s)
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount
- $10,049
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Smart MLS MLS®#: 24136435 Last checked: …

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