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$ 519,000
Est. payment /mo
Under Contract
112 Smith Street Derby, CT 06418
7 Beds
3 Baths
2,344 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,344 sqft
Price per Sqft $221
MLS Listing ID 24118613
Style 3updown - Unit(s) per Floor
Bedrooms 7
Full Baths 3
Year Built 1920
Annual Tax Amount $4,953
Lot Size 4,791 Sqft
Property Sub-Type 3 Family
Property Description
Presenting a prime investment opportunity in Derby! This well-maintained 3-family home is the perfect addition to your portfolio or an ideal start for an owner-occupant. The property features a spacious 3-bedroom unit on the first floor and two desirable, duplex-style 2-bedroom units on the second floor. Enjoy immediate cash flow from day one, with two units already occupied and generating $3,600 in monthly income ($1,750 for the 3-bed unit and $1,850 for one 2-bed duplex). The second 2-bedroom duplex unit ready for you to move in or rent at market The property includes a small backyard for private outdoor space and is conveniently located with easy access to shopping and major commuter routes like Route 8 and Route 34. Don't let this smart investment pass you by.
Location
State CT
County New Haven
Zoning R-5
Rooms
Basement Partial
Interior
Heating Hot Air
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Joseph Martino • Joseph Martino Real Estate