multifamily

70 Bank Street

Derby, Connecticut 6418

Price

$349,900

Price/SF

$151.34/SF

Building Size

2,312 SF

Lot Size

0.07 acres

Year Built

1889

Units

2

Property Description

Value-add opportunity just off Route 34 in Derby. This two-family home offers 2,312 sq ft of living space with four bedrooms and two full baths in total, plus a covered front porch. The first-floor unit is vacant, giving an owner-occupant or investor the chance to start renovations right away, while the second-floor unit is currently tenant-occupied. The home is ready for updates throughout and is priced accordingly, making it a strong candidate for a renovation plan aimed at increasing rental income and long-term value. City water, city sewer and natural gas provide a solid foundation for future improvements. Close to Route 8 with convenient access to New Haven and Fairfield, plus nearby shopping, dining and commuter routes. Live in one unit and rent the other, or renovate both and hold as an investment. Bring your vision to this Derby two-family. Second-floor unit is tenant-occupied; please do not disturb the tenant. Showings by appointment only. Buyer and buyer's agent to verify all information.

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Photo Gallery

70 Bank Street
70 Bank Street
70 Bank Street
70 Bank Street
70 Bank Street
70 Bank Street

Additional Details

Zoning

P

MLS Number

24196214

Property ID

66fef4c2-17f3-4f9f-b381-bc25a77c9a9a

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MLS Information

MLS#: 24196214

Listed by: Carey & Guarrera Real Estate

Agent: Chris Carey • (203) 231-3416 • ccarey23@yahoo.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.