21-23 Derby Avenue

multifamily

21-23 Derby Avenue

Derby, Connecticut 6418

Price

$250,000

Price/SF

$41.47/SF

Building Size

6,029 SF

Lot Size

0.06 acres

Year Built

1879

Units

4

Property Description

Great opportunity for investors, developers, and owner-users! This mixed-use property offers three residential units plus a commercial storefront, providing excellent potential for multiple income streams once renovated. The property has experienced fire damage and requires significant rehabilitation, making it ideal for an experienced investor looking to restore and reposition the building. The existing layout offers the potential to create a combination of residential rental income and commercial space in a highly visible location. With the right vision and renovation, this property could be transformed into a valuable income-producing asset. This property is also being sold with 25 Derby Ave which is the parking lot attached to the property. Seller is selling this "as is" and there is no access inside. This property needs to be torn down and there might be possibility to save the store front but you need town's approval. Buyers should perform their own diligence regarding the building's condition, zoning, permits, utilities, and required repairs.

Interested?

Get details or book a tour — we respond within one business day.

Photo Gallery

21-23 Derby Avenue
21-23 Derby Avenue
21-23 Derby Avenue
21-23 Derby Avenue
21-23 Derby Avenue
21-23 Derby Avenue
21-23 Derby Avenue
21-23 Derby Avenue
21-23 Derby Avenue

Additional Details

Zoning

B-2

MLS Number

24199551

Property ID

8096b326-71a4-4364-b612-7c669739f4b8

Share This Listing

MLS Information

MLS#: 24199551

Listed by: Century 21 Scala Group

Agent: Carolyn Colon-Ortega • (203) 218-0702 • cortega.century21@gmail.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.