182 Elizabeth Street, Derby, CT 06418

$499,000
3,366
SqFt
List Price
$499,000
Status
UNDER CONTRACT
MLS#
170582195
Year Built
1875
Levels
2
Acres
0.09
Living Area
3,366
Neighborhood
Downtown

Property Description

Mixed-Use Building(s) comprised of 6,986 sq.ft on .14 acres in Downtown Derby. Building 1 located at 182 Elizabeth St, 567 sq. ft Coffee / Retail with (Two) 2 Bdrm., 1 Ba apartments with Basement on .09 acres. Building 2 located at 184 Elizabeth St. 1,040 sq.ft Deli / Retail with (One) 3 Bdrm., 1 Ba apartment with basement on .05 acres. Retail spaces are connected between both buildings. Altimari's Italian Deli and Coffee Shop had been located for 38 years. All Leases are Month to Month, Current Estimated is NOI $43,403.21 or 8.7% CAP property being sold AS-IS, RE TAXES (182) $6,149.75 + (184) $4,593.40= $10,743.15 Ideal Investment for business/owner to locate in Retail space and benefit from income generated from Apartments. (RELATED MLS #170579197 184 Elizabeth St included in this sale)

Additional Information

Taxes
$6,150
Lot Size
3,920
Interior Features
Window Display
Flooring
Ceramic Tile, Vinyl, Wood
Heating
Hydro Air, No Heat
Fuel Type
Natural Gas
Cooling System Type
Central Air
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Exterior Features
Awnings, Gutters

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Fred A. Messore from Colonial Properties Inc

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