181 Derby Avenue, Derby, CT 06418

$380,000
8
BD
3
BA
2,799
SqFt
Sold Price
$380,000
List Price
$399,000
Status
CLOSED
MLS#
170568751
Closing Date
Jan 15, 2024
Year Built
1874
Style
3updown - Unit(s) per Floor
Bedrooms
8
Bathrooms
3
Acres
0.23
Living Area
2,799
Neighborhood
East Derby

Property Description

Welcome to 181 Derby Ave, Derby CT—an outstanding investment opportunity! This multifamily residence offers a beautiful home with the potential for living almost rent-free, as the other two units can cover your mortgage. Experience the perfect blend of comfort, convenience, and financial freedom in this well-maintained property. With three separate units, this property provides flexibility and income-generating potential. The main unit features 3Br/1Ba, offering ample space for you and your family. The additional two units also impress with their 3Br/1Ba, and a 2Br/1Br presenting a lucrative rental opportunity. The two additional units showcase tasteful design and functional layouts. Renting them out could significantly offset your mortgage expenses. Alternatively, you could convert one unit into a home office or studio space. Outside, a well-manicured yard offers a serene setting for outdoor activities. Located in a desirable area, 181 Derby Ave provides easy access to amenities, including shopping centers, restaurants, schools, and parks. Commuters will appreciate the proximity to major highways and public transportation. Don't miss this opportunity to own a home that practically pays for itself! Live comfortably in one unit while the other two generate income to cover your mortgage. Secure your financial future today. Owner Agent. 24-48hr Notice Needed for 1st fl showings. 2nd & 3rd fl are vacant.

Additional Information

Taxes
$6,655
Lot Size
10,018
Waterfront Desc
Not Applicable
Heating
Hot Air, Other
Fuel Type
Natural Gas
Cooling System Type
None
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Basement
Full With Walk-Out, Unfinished
Exterior
Aluminum
Elementary School
Per Board Of Ed
High School
Per Board Of Ed

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Anthony Jordan from Jordan RealtyCo.

Listing courtesy of Anthony Jordan from Jordan RealtyCo.

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