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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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
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