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$200,000
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Property Description
Rare investment opportunity at 50-56 Oak Street, Derby, CT! This unique parcel features two houses sold as-is, ideal for investors seeking high returns. 50 Oak Street boasts a 2-year-old roof, new gutters, new water heater, and some updates to wiring and plumbing. The first floor offers a kitchen, bedroom, and bathroom, while the second floor's living area can easily convert to a third bedroom. With city water, city sewer, and natural gas available in-unit this home is ready for immediate rental income. 56 Oak Street, presents strong potential for a gut renovation, transforming it into a lucrative rental or resale property. The property is connected to city utilities. Investors can generate cash flow from 50 Oak Street while renovating 56 Oak Street for additional income or profit. Located in Derby's growing market, this dual-property package is a strategic investment to diversify your portfolio.
Full Property Details
Full Property Details for 50 Oak St
General
- Sold For: $200,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Single Family
- Source: SMARTMLS
- MLS ID: 24122141
- Added to Site: 173 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Gas Range, Oven/Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Primary Bedroom, Main
- Bedroom 1: Bedroom, Upper
Other Rooms
- Kitchen: Kitchen, Main
Parking
- Parking: None
Location
- County: New Haven
- Neighborhood: Downtown
- Driving Directions: GPS Friendly.
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Community
- Community Name: Downtown
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Air, Oil
- Heating Fuel: Oil
- Water Heater: Electric, Domestic, 50 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Ranch
- Construction Status: No/Resale
- Exterior Const.: Wood
- Basement Desc.: Full, Unfinished, Interior Access, Concrete Floor
- Roof: Asphalt Shingle
- Square Feet: 843
- Above Ground: 843 Sq. Ft.
- Year Built: 1840
Lot Features
- Lot Size (Acres): 0.35
- Zoning: CR
- Lot Description: Lightly Wooded, Sloping Lot
Financial Considerations
- Assessment Amount: $92,330
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1094085
Listed by BHGRE Gaetano Marra Homes, Nick Jones
Sold by Houlihan Lawrence WD, Pamela Benanto
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Schools
Schools serving 50 Oak St
School District:Derby School District
| Name | Grades | Distance |
|---|---|---|
Derby Middle School 73 Chatfield Street, Derby, CT 06418 | 6-8 | 0.8 mi |
Derby High School 75 Chatfield Street, Derby, CT 06418 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 50 Oak St
Date
Details
Price
Change
Source
10/10/2025
Sold
$200,000
4.14%
MLS
8/27/2025
Listed
$192,050
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
50 Oak Street, Derby, CT 06418 (MLS# 24122141) is a Single Family property that was sold at $200,000 on October 10, 2025. Want to learn more about 50 Oak Street? Do you have questions about finding other Single Family real estate for sale in Derby? You can browse all Derby real estate or contact a Coldwell Banker agent to request more information.

