122 Derby Avenue, New Haven, Connecticut

$599,900

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5

Beds

5

Baths

3,434

Square feet

0.46

Acres

About 122 Derby Avenue

Discover a prime investment opportunity in the heart of New Haven with this 5-unit building at 122 Derby Ave. Featuring two currently leased units, this property already generates income, while three additional units are unoccupied and ready for your personal touch or to attract new tenants. The three unoccupied units present an excellent opportunity increased rental income. Situated in a vibrant neighborhood, the property is close to local amenities, public transportation, and universities, ensuring high demand for rentals. New Haven's growing economy and community appeal promise a robust tenant base. Don't miss out on this exceptional chance to invest in a property with significant income potential and room for growth.

Features of 122 Derby Avenue

MLS® # 24052876
Price $599,900
Bedrooms 5
Bathrooms 5.00
Full Baths 5
Square Footage 3,434
Acres 0.46
Year Built 1900
Type Multi-Family For Sale
Sub-Type 5 Family+
Style Units on different Floors
Status Active

Community Information

Address 122 Derby Avenue
Area N/A
City New Haven
County New Haven
State Connecticut
Zip Code 06511

Amenities

Parking None
Is Waterfront No
Has Pool No

Interior

Heating Hot Air, Natural Gas, Oil
Cooling Window Unit
Fireplace No
Has Basement Yes
Basement Full, Unfinished

Exterior

Exterior Wood
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Concrete, Stone

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed October 10th, 2024
Days on Market 81
Zoning BA
RE / Bank Owned No

Listing Details

OfficeWilliam Raveis Real Estate

Listing Map

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