$449,000
201 Derby Ave, Derby, CT 06418
Current Rent **
$4,180
Projected Rent **
$5,100
Unit 1 Details
- Current Rent: $1,550
- Bedroom: 2 bd
- Bathroom: 1 ba
- Square Footage: 1000 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: No
Unit 2 Details
- Current Rent: $2,630
- Bedroom: 4 bd
- Bathroom: 1 ba
- Square Footage: 1700 sqft
- Occupied: No
- Needs Repairs: No
- Off MLS: No
8% Cap l House Hack l Duplex
Introducing this charming and well-maintained 2-family home located in the Eastern-Side of Derby, Connecticut. Boasting a convenient and sought-after location, this property will appeal to both investors and owner-occupants alike.
Each apartment within this duplex-style home enjoys its own private terrace yard and garden, providing ample space for outdoor relaxation and entertainment.
Parking is a breeze with four off-street parking spaces accessed via a private driveway shared with the condo complex, ensuring ease of access for residents and guests alike.
The first-floor apartment comprises two bedrooms and one bathroom, while the second apartment spans two floors, offering a total of four bedrooms and one bath. One of the bedrooms features a generously sized walk-in closet, providing ample storage space.
This property has seen numerous recent upgrades and improvements, including a new concrete walkway on the first floor, fully insulated basement ceiling for improved heat efficiency in 2023, and fresh interior paint throughout in 2022. Additionally, a third floor attic conversion was completed in 2022, adding two new bedrooms to the second apartment. New flooring and trim have been installed throughout most of the building, enhancing its overall appeal and functionality.
Whether you're looking for an investment opportunity or a place to call home, this well-appointed 2-family property in Derby offers the perfect blend of comfort, convenience, and potential. Don't miss out on the chance to make it yours!
Location:
201 Derby Ave, Derby, CT 06418
Report Abuse
* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
Only paying BiggerPockets members can do this!
Upgrade your account to a Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!