$399,999 Price Analysis   ♡   Derby, CT 06418 6 bed 4 bath 2,027 SqFt ($197/SqFt) 0.55 acre lot. Built 1890 Listed 2024-03-08, Taxes $5,501 | Ⓧ USDA Ineligible due to location near Derby |
2 unit multi family for sale in the heart of Derby
Tremendous location within minutes t eve rything. Excellent for 1031 Exchange or general investment. Covered front porches, large paved driveway for plenty of parking and a huge bonus . a 2 car detached garage/shed outbuilding for storage. 2 new gas hot water heaters (2023)! The 2nd floor is rented month to month at $1, 600 (under market value) and a 3 bedroom, 1 and half bathroom -- which gives an owner occupant the perfect opportunity to have their mortgage cut down by the income from the 1st floor if they want to occupy the 2nd floor OR investors can enjoy the income coming in from both units once they rent out the 2nd unit and/or keep the tenant in place.
1st floor is $1, 600 leased until end of year but has a clause that the lease can be restructured or ended upon sale of the house (and is a 3 bedroom, 2 full bathroom). Both units have laundry in the basement and separate utilities. Being sold as is, so any inspection would be for informational purposes. 2nd floor is $1, 400 on month to month. 1st floor is $1, 600 leased until end of year but has a clause that the lease can be restructured or ended upon sale of the house. Being sold as is, so any inspection would be for informational purposes. property is cluttered, so please look beyond tenants clutter
Presented by Lauren Freedman at
Coldwell Banker Realty.
Property MLS #24000140 from SMARTMLS
Basement Description: Full
Full Bathrooms: 3
1/2 Bathrooms: 1
Heating Fuel: Natural Gas
Water Heaters: Natural Gas, 40 Gallon Tank
Covered Deck
Lot Size Acres: 0.55
Lot Size Square Feet: 23958
High School: Derby
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: New Haven
Directions: gps
Source Property Type: Multi-Family For Sale
Source Neighborhood: Hilltop
Postal Code Plus 4: 2194
Zoning: R-5
Property Subtype: 2 Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $118,510 + $24,010 $142,520 | $5,501 |
| 2021 | $118,510 + $24,010 $142,520 | $5,501 |
| 2020 | $70,840 + $24,010 $94,850 | $4,161 |
| 2019 | $70,840 + $24,010 $94,850 | $3,971 |
| 2018 | $70,840 + $24,010 $94,850 | $3,734 |
| 2017 | $70,840 + $24,010 $94,850 | $3,734 |
| 2016 | $70,840 + $24,010 $94,850 | $3,734 |
| 2015 | $68,390 + $29,050 $97,440 | $3,483 |
| 2013 | $68,390 + $29,050 $97,440 | $3,444 |
| 2006 | $87,220 + $27,510 $114,730 | $2,845 |
| 2005 | $55,020 + $22,330 $77,350 | $2,916 |
| 2004 | $55,020 + $22,330 $77,350 | $2,800 |
| 2003 | $55,020 + $22,330 $77,350 | $2,568 |
$399,999
SMARTMLS
Listed 2024-03-08
$425,000
SMARTMLS
Sold 2018-01-16
$138,500
Public Record
Listing removed 2017-12-13
$169,900
SMARTMLS
Listed 2017-09-03
$169,900
SMARTMLS
Sold 2005-07-20
$110,000
Public Record
Year Built: 1890
Above Grade Finished Area: 2027
Building Exterior Type: Vinyl Siding
Construction Materials: Frame
Foundation Details: Concrete
Property Age: 134
House Style: Units on different Floors
Total Area Sqft: 2027
Water Source: Public Water Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.