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$990,000
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Property Description
Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 2 commercial spaces-(4) 2-bedroom/1-bath, (2) 1-bedroom/1-bath apartments, 2 deli/retail spaces, and 1 office-offering a diversified tenant mix with immediate cash flow. Four of the six residential units have been updated within the last year. All tenants are separately metered and cover their own utilities, and heating is provided via a mix of electric baseboard and gas systems, keeping overhead low. There is a clear value-add opportunity with below-market rents in both the residential and commercial units, creating upside through rent adjustments and lease restructuring. Strong visibility and steady local demand further enhance long-term growth potential. Whether you're an experienced investor or expanding your portfolio, this property offers both stability and upside. Schedule your private tour today!
Full Property Details
Full Property Details for 63 Derby Ave
General
- Sold For: $990,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24136435
- Added to Site: 170 day(s) ago
Interior
- Number of Rooms: 30
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: Hook-Up In Unit 4
Exterior
- Exterior Features: Patio
Location
- County: New Haven
- Driving Directions: GPS.
School Information
- Elementary School: Irving
- High School: Derby
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Hot Air, Electric, Natural Gas
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric, 40 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Aluminum
- Basement Desc.: Full, Full With Hatchway
- Roof: Flat
- Square Feet: 5,173
- Above Ground: 5,173 Sq. Ft.
- Year Built: 1900
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 5
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Full Bathrooms: 1
- Bedrooms: 1
Unit 8
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.09
- Zoning: P
- Lot Description: N/A
Financial Considerations
- Assessment Amount: $232,610
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1093880
Listed by Alpha Capital Realty, LLC, Justin Sudol
Sold by Milas Realty Advisors, Konstantinos Milas
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Schools
Schools serving 63 Derby Ave
School District:Derby School District
| Name | Grades | Distance |
|---|---|---|
Derby Middle School 73 Chatfield Street, Derby, CT 06418 | 6-8 | 1.5 mi |
Derby High School 75 Chatfield Street, Derby, CT 06418 | 9-12 | 1.4 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 63 Derby Ave
Date
Details
Price
Change
Source
3/27/2026
Sold
$990,000
-13.91%
MLS
10/28/2025
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
63 Derby Avenue, Derby, CT 06418 (MLS# 24136435) is a Multi-Family property that was sold at $990,000 on March 27, 2026. Want to learn more about 63 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.

