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Under contract
  • $1,150,000

    63 Derby Avenue, Derby, CT 06418

    13beds
    5,173sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 3 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!
    46 days
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    61
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    Zillow last checked: 8 hours ago

    Listing updated: November 06, 2025 at 07:23am

    Listed by:

    Justin Sudol (203)980-6412,

    Alpha Capital Realty, LLC 860-507-3394

    Source: Smart MLS,MLS#: 24136435MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 9
    • Full bathrooms: 9
    Heating
    • Forced Air, Electric, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Water Heater, Water Heater
    • Laundry: In Unit
    Features
    • Basement: Full
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 5,173
    • Total interior livable area: 5,173 sqft
    • Finished area above ground: 5,173

    Property

    Parking
    • Parking features: None
    Features
    • Patio & porch: Patio
    Lot
    • Size: 3,920.4 Square Feet
    Details
    • Parcel number: 1093880
    • Zoning: P

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Derby

    Financial & listing details

    • Price per square foot: $222/sqft
    • Tax assessed value: $232,610
    • Annual tax amount: $10,049
    • Date on market: 10/28/2025
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/6/2025Pending sale$1,150,000$222/sqft
    Source: Smart MLS #24136435 Report a problem
    10/28/2025Listed for sale$1,150,000+161.4%$222/sqft
    Source: Smart MLS #24136435 Report a problem
    9/10/2024Sold$440,000+900%$85/sqft
    Source: Public Record Report a problem
    4/18/1989Sold$44,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$10,049 $232,610
    2024$10,049 +11.9%$232,610
    2023$8,979 $232,610

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $8,302/mo
    Principal & interest
    $5858
    Property taxes
    $2041
    Home insurance
    $403

      Climate risks

      Neighborhood: 06418

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Irving
      • High: Derby

      Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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