63 Derby
Derby, CT 06418

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 13 BR
Bathrooms: 9
Pets: Pets Unknown
Area: 5173 sq ft

Financials

Price:$1,150,000
Annual Taxes:$10,049
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Justin Sudol of Alpha Capital Realty, LLC

Mixed use investment opportunity in a high demand area of Derby, CT.

Description

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!

Amenities

  • Elementary School - Irving
  • High School - Derby
  • Intermediate School -
  • Patio
  • Window Unit

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