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5 Prospect Street

Derby, CT 06418
  • $409,000
  • STATUS: Active Under Contract
  • ON SITE: 71 Days
  • MLS #: 170536902
Under Contract
UPDATED: 66 min ago
$409,000
  • 7
    BEDS
  • 0.18
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,520
    SQFT
  • $116
    $/SQFT
Type:
Multi-Family
Built:
1854
County:
Area:

School Information

Elementary School:
High School:

Description

This 3-family home has everything you are looking for, ideal for investors or owner occupancy. On a large corner lot with a 2 car detached garage with plenty of parking on the premises. Well maintained and recently updated with new mechanics and a new roof. This multi-family home is ready for new owners. Unit 5, spacious unit 2,219 sq. ft. with 3 floors of living space. This unit has been gutted to the studs and is currently framed. This unit needs to be finished to make it move-in ready. Potential for 4 bedrooms and 2 bathrooms. The unit has to be finished, being sold as is. Unit 5A is rented and was updated in 2020. New gas furnace, washer, and dryer in the unit. 1 bedroom, 1 bath. 430 sq. ft. Unit 7 has been recently updated for modern-day living, currently fully rented with 872 sq. ft. with 2 bedrooms and 1 bath. Washer and dryer in the unit. 2 car garage with the attic is 5,388 sq ft., plenty of opportunity for additional rental income from the garage space. A large lot has been dedicated to parking, along with plenty of on-street parking. A large courtyard provides plenty of outdoor living space for all the units. This is a rare opportunity to own an income-generating multi-family with endless potential for expansion and additional rental income from the garage space and unfinished unit. Close to Rt. 34 and Rt 8. Don't miss out on this well-maintained multi-family home.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-02-01T19:09:53.11.
www.faifmangroup.com/homes/134927354
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5 Prospect Street Derby, CT 06418

  • Price: $409,000
  • Status: Active Under Contract
  • On Site: 71 Days
  • Updated: 66 min ago
  • MLS #: 170536902
7
Beds
4
Baths
0
½ Baths
0.18
Acres
3,520
SQFT
$116
$/SQFT
1854
Built
County:
New Haven
Area:
Derby
Elementary School:
per board of ed
High School:
per board of ed
Property Description
This 3-family home has everything you are looking for, ideal for investors or owner occupancy. On a large corner lot with a 2 car detached garage with plenty of parking on the premises. Well maintained and recently updated with new mechanics and a new roof. This multi-family home is ready for new owners. Unit 5, spacious unit 2,219 sq. ft. with 3 floors of living space. This unit has been gutted to the studs and is currently framed. This unit needs to be finished to make it move-in ready. Potential for 4 bedrooms and 2 bathrooms. The unit has to be finished, being sold as is. Unit 5A is rented and was updated in 2020. New gas furnace, washer, and dryer in the unit. 1 bedroom, 1 bath. 430 sq. ft. Unit 7 has been recently updated for modern-day living, currently fully rented with 872 sq. ft. with 2 bedrooms and 1 bath. Washer and dryer in the unit. 2 car garage with the attic is 5,388 sq ft., plenty of opportunity for additional rental income from the garage space. A large lot has been dedicated to parking, along with plenty of on-street parking. A large courtyard provides plenty of outdoor living space for all the units. This is a rare opportunity to own an income-generating multi-family with endless potential for expansion and additional rental income from the garage space and unfinished unit. Close to Rt. 34 and Rt 8. Don't miss out on this well-maintained multi-family home.
Exterior Features

Color Yellow Construction Description Frame Driveway Type SharedPaved Exterior Features Garden AreaPatioPorchPorch-EnclosedSidewalk Exterior Siding Vinyl Siding Foundation Type BlockStone Lot Description City Views Parking Total Spaces 4 Roof Information Fiberglass Shingle Style Units On Different FloorsUnits Are Side-By-Side Waterfront Description Not Applicable

Interior Features

Attic Yn Yes Basement Description Crawl Space Cooling System None Heat Type Gas On GasZoned Hot Water Description DomesticNatural Gas Laundry Room Location in Units

Property Features

Association Amenities None Bank Owned Property Yn No Direct Waterfront Yn No Fuel Tank Location Non Applicable Garage Parking Info Detached GarageOn Street ParkingOff Street Parking Heat Fuel Type Natural Gas Hoa Yn No Intermediate School Per Board Of Ed Laundry Room Info Hook-Up In Unit 1Hook-Up In Unit 2Washer/Dryer Some Units Nearby Amenities LibraryParkShopping/MallWalk To Bus Lines New Construction Type No/Resale Possession Availability Flexible Potential Short Sale Yn No Property Sub Type 3 Family Property Tax 5055 Sewage System Public Sewer Connected Sign Yn Yes Swimming Pool Yn No Water Source Public Water Connected Zoning R-5

Listing information © 2023 Smart MLS
Listing provided courtesy of Sandra Ramalhete of Real Estate Two: (203) 926-1122.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-02-01T19:09:53.11.
 
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