127 Park Avenue

Derby, CT 06418

$419,900
Price
5
Beds
2
Baths
1
1/2 Bath
2,074 Sq. Ft.
$202 / Sq. Ft.
2,074
Sq. Ft.
$202
per Sq. Ft.

Description

Presenting a remarkable multi-family property with two spacious units, perfect for investors seeking solid rental income or owner-occupants looking to live in one unit while renting out the other. Situated in a desirable location, this property combines comfort, functionality, and potential financial benefits. The first unit is the entire first floor which includes two bedrooms, a large eat-in kitchen, living room and a full bathroom. The second unit includes both the second and third floors with...Presenting a remarkable multi-family property with two spacious units, perfect for investors seeking solid rental income or owner-occupants looking to live in one unit while renting out the other. Situated in a desirable location, this property combines comfort, functionality, and potential financial benefits. The first unit is the entire first floor which includes two bedrooms, a large eat-in kitchen, living room and a full bathroom. The second unit includes both the second and third floors with the main level featuring a large living area, large eat in kitchen, half bath, full bath, laundry room, and an office. The second floor of the second unit includes 3 spacious bedrooms. This second unit is currently available for a new tenant or owner. Spacious units, modern amenities, off-street parking, and a beautiful level backyard makes this property a compelling choice for anyone looking to maximize their investment income or live comfortably while earning rental income. Don't miss this opportunity to own a property that offers both immediate and long-term financial benefits.
  1. Listed by Katie Dansereau • Preston Gray Real Estate
    P: (475) 269-5100 C: (203) 556-3526 katie.dansereau@prestongrayre.com

Property Details for 127 Park Avenue

Basement Description
Full, Heated, Partially Finished, Full With Walk-Out
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
None
Swimming Pool
No

Location

Listing Courtesy of Preston Gray Real Estate, Katie Dansereau
Add your commute
LISTING UPDATED: 05/23/2024 01:38 PM

Property Details for 127 Park Avenue

StatusUnder Contract
MLS #24014534
Days on Market5
Taxes$6,593 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1888
Lot Size0.23 AC / 10,018 SF
CountyNew Haven County

Location

Listing Courtesy of Preston Gray Real Estate, Katie Dansereau
Add your commute

Building Information for 127 Park Avenue

Stories-Residences2Year Built1888Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$2,841 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,292

Property Taxes

$549

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 127 Park Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS friendly
  • Elementary School: Per Board of Ed
  • High School: Derby
  • Latitude: 41.32861
  • Longitude: -73.102776
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $6,593
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Attic YN: No
  • Fireplaces Total: 1
  • Laundry Room Info: Washer/Dryer All Units
  • Rooms Total: 11
Property
Property and Assessments
  • Color: Green
  • Construction Description: Frame
  • Exterior Siding: Aluminum
  • Foundation Type: Brick, Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1888
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2074
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1092464
  • Sq Ft Est Heated Above Grade: 2074.0
  • Sq Ft Total: 2074.0
  • Zoning: R-5
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 11
Unit 1
  • Lease: Leased
  • Lease Expires: 07-31-2024
  • Listing Key: 1767A902B9207080E0631401100ADC15
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 05-23-2024
  • Unit Monthly Rent: $1,850
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Listing Key: 1767A902B9207080E0631401100ADC15
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 05-23-2024
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 7
  • Unit Occupied By: Vacant

Property History for 127 Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 127 Park Avenue

Taxable ValueLand$37,310Additions$133,490Total$170,800
Tax Record2023$6,593 ($549 / month)
Home Facts
Baths2.5Total Finished SqFt2,074 SqFtAbove Grade Finished SqFt2,074 SqFtStories3Lot Size10,019 SqFtStyleDuplexYear Built1888Year Renovated2013ZoningR-5CountyNEW HAVENAPNDERB M:10 B:3 L:124Fireplace TypeHas Fireplace

Schools near 127 Park Avenue

This home is within Derby School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Irving School
PublicK to 5

Derby Middle School
Public6 to 8

Derby High School
Public9 to 12

Bradley School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Preston Gray Real Estate, Katie Dansereau

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.