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For sale
  • Price cut: $1K (7/28)
    $349,000

    98 Water Street, Derby, CT 06418

    6beds
    1,075sqft
    : 
    Multi Family
    Built in 1825
    -- sqft lot
    $295,500 Zestimate®
    $325/sqft
    $-- HOA

    What's special

    A fantastic opportunity for investors. This fully occupied, side-by-side duplex offers immediate cash flow from day one. Each unit features a unique, multi-level layout. The first floor includes the kitchen and a full bath. The second floor hosts a spacious living room and a bedroom, while the top floor contains two additional cozy bedrooms. Benefit from the simplicity and low maintenance of electric heat, reducing worries about complex mechanicals. Key features include convenient in-unit laundry hookups and dedicated off-street parking for each unit. With its duplex style offering excellent privacy for tenants, this property is a stable and attractive rental. Don't miss this turnkey investment. Do not disturb tenants.
    21 days
    on Zillow
    |
    2,222
    |
    141
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 08, 2025 at 03:08am

    Listed by:

    Joseph Martino,

    Joseph Martino Real Estate

    Source: Smart MLS,MLS#: 24114709MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 98 Water Street.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Water Heater
    • Laundry: In Unit
    Features
    • Basement: None
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,075
    • Total interior livable area: 1,075 sqft
    • Finished area above ground: 1,075

    Property

    Parking
    • Parking features: None
    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 5,662.8 Square Feet
    Details
    • Parcel number: 1094041
    • Zoning: CDD

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Masonry
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1825

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Derby

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $75,950
    • Annual tax amount: $3,281
    • Date on market: 7/26/2025
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