$1,150,000

63 Derby Avenue, Derby, CT 06418

  • 12 beds |
  • 8 baths |
  • 5,173 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $222/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

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!

Listing Status:
Pending
Date Added:
October 28, 2025
Data Last Updated:
March 27, 2026 at 4:50PM
Listing Office:
Alpha Capital Realty, LLC : (860) 507-3394
Listing Agent:
Justin Sudol : (203) 980-6412
MLS ID:
24136435
  • Laundry: Hook-Up In Unit 4
  • Basement: FullFull With Hatchway
  • A/C: Window Unit
  • Heating: Hot AirElectricNatural Gas
  • Fireplace: Fireplaces: 0
  • General: Patio
  • Style: Units on different Floors
  • Parking: Parking spaces: 0
  • Roofing: Flat
  • County: New Haven
  • Zoning: P1093880
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Justin Sudol , Alpha Capital Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

I

Irving School

9 Garden Pl, Derby, CT, 06418

Grades KG-5

0.76 miles away

D

Derby Middle School

73 Chatfield St, Derby, CT, 06418

Grades 6-8

1.47 miles away

D

Derby High School

75 Chatfield St, Derby, CT, 06418

Grades 9-12

1.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.