63 Derby Avenue, Derby, CT 06418

Local realty services provided by:Better Homes and Gardens Real Estate Shore & Country Properties
63 Derby Avenue,Derby, CT 06418
$1,150,000
  • 13 Beds
  • 9 Baths
  • 5,173 sq. ft.
  • Multi-family
  • Active
Listed by:justin sudol
Office:alpha capital realty, llc
MLS#:24136435
Source:CT

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$222.31

About this home

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!

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Home facts

  • Year built:1900
  • Listing ID #:24136435
  • Added:3 day(s) ago
  • Updated:November 01, 2025 at 11:29 AM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:9
  • Full bathrooms:9
  • Living area:5,173 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Hot Air

Structure and exterior

  • Roof:Flat
  • Year built:1900
  • Building area:5,173 sq. ft.
  • Lot area:0.09 Acres

Schools

  • High school:Derby
  • Elementary school:Irving

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$222.31
  • Tax amount:$10,049 (July 2025-June 2026)
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