About 63 Derby Avenue
Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 3 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!
Features of 63 Derby Avenue
| MLS® # | 24136435 |
|---|---|
| Price | $1,150,000 |
| Bedrooms | 13 |
| Bathrooms | 9.00 |
| Full Baths | 9 |
| Square Footage | 5,173 |
| Acres | 0.09 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 63 Derby Avenue |
|---|---|
| Area | N/A |
| City | Derby |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06418 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Air, Electric, Natural Gas |
|---|---|
| Cooling | Window Unit |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Full With Hatchway |
Exterior
| Exterior | Aluminum |
|---|---|
| Exterior Features | Patio |
| Lot Description | N/A |
| Roof | Flat |
| Foundation | Concrete |
School Information
| Elementary | Irving |
|---|---|
| High | Derby |
Additional Information
| Date Listed | October 28th, 2025 |
|---|---|
| Days on Market | 5 |
| Zoning | P |
| RE / Bank Owned | No |
Listing Details
| Office | Alpha Capital Realty, LLC |
|---|