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$420,000
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Property Description
Introducing a newly renovated and strategically designed multi-family investment home, offering an ideal opportunity for both investors and owner-occupiers. The property features two distinct units, each boasting two generously-sized bedrooms and full renovated bathrooms, providing a comfortable living space for residents. Recently revamped with careful attention to detail, this investment home showcases contemporary finishes and amenities, ensuring an attractive and comfortable living space for tenants. Both units have new kitchen appliances and hard wood floors. Experience year-round comfort with new AC and heating systems, a testament to the thoughtful upgrades implemented throughout. Additionally, both units are equipped with new water heaters, offering efficiency and reliability for daily living. The thoughtful design and modern upgrades enhance the property's appeal, making it an enticing prospect for investors and homebuyers alike. This multi-family gem is perfectly poised for a variety of investment strategies. Savvy investors can capitalize on the potential for dual rental income by leasing out both units. Alternatively, for those looking to live on-site, the property offers the flexibility of owner occupancy in one unit while renting out the other, providing a smart solution to offset costs and generate additional income. This property has easy access to shopping, and major highways. Seize the opportunity to add this property to your investment portfolio today!
Full Property Details
Full Property Details for 305 Derby Ave
General
- Sold For: $420,000
- Taxes: (July 2023-June 2024)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 170618525
- Added to Site: 808 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: All Units Have Hook-Ups, Washer/Dryer All Units
Exterior
- Exterior Features: Porch, Stone Wall
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Detached Garage, Driveway, Assigned Parking
Location
- County: New Haven
- Driving Directions: Derby Ave to Mansfield Street.
School Information
- Elementary School: Per Board of Ed
- High School: Derby
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Baseboard, Natural Gas
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Shingle, Wood
- Basement Desc.: Full
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 1,809
- Above Ground: 1,809 Sq. Ft.
- Year Built: 1879
Unit Information
Unit 1
- Square Feet: 900
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 900
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Square Feet: 900
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Square Feet: 900
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.25
- Driveway/Sidewalk: Paved
- Zoning: R-4
- Lot Description: City Views
Financial Considerations
- Assessment Amount: $139,370
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Property ID: 1095703
Listed by Preston Gray Real Estate, Katie Dansereau
Sold by eXp Realty, Eudou Torchon
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Schools
Schools serving 305 Derby Ave
School District:Derby School District
| Name | Grades | Distance |
|---|---|---|
Derby Middle School 73 Chatfield Street, Derby, CT 06418 | 6-8 | 1.1 mi |
Derby High School 75 Chatfield Street, Derby, CT 06418 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 305 Derby Ave
Date
Details
Price
Change
Source
3/18/2024
Sold
$420,000
7.72%
MLS
1/17/2024
Listed
$389,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
305 Derby Avenue, Derby, CT 06418 (MLS# 170618525) is a Multi-Family property that was sold at $420,000 on March 18, 2024. Want to learn more about 305 Derby Avenue? Do you have questions about finding other Multi-Family real estate for sale in Derby? You can browse all Derby real estate or contact a Coldwell Banker agent to request more information.

