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.
For sale
Price cut: $1K (7/28)
$349,000
98 Water Street, Derby, CT 06418
6beds
1,075sqft
Est.:
Multi Family
Built in 1825
-- sqft lot
$295,500 Zestimate®
$325/sqft
$-- HOA
What's special
- 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#: 24114709

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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