50 Oak St

843 Sq. Ft.
$237 / Sq. Ft.
843
Sq. Ft.
$237
per Sq. Ft.

Description

Rare investment opportunity at 50-56 Oak Street, Derby, CT! This unique parcel features two houses sold as-is, ideal for investors seeking high returns. 50 Oak Street boasts a 2-year-old roof, new gutters, new water heater, and some updates to wiring and plumbing. The first floor offers a kitchen, bedroom, and bathroom, while the second floor's living area can easily convert to a third bedroom. With city water, city sewer, and natural gas available in-unit this home is ready for immediate rental...Rare investment opportunity at 50-56 Oak Street, Derby, CT! This unique parcel features two houses sold as-is, ideal for investors seeking high returns. 50 Oak Street boasts a 2-year-old roof, new gutters, new water heater, and some updates to wiring and plumbing. The first floor offers a kitchen, bedroom, and bathroom, while the second floor's living area can easily convert to a third bedroom. With city water, city sewer, and natural gas available in-unit this home is ready for immediate rental income. 56 Oak Street, presents strong potential for a gut renovation, transforming it into a lucrative rental or resale property. The property is connected to city utilities. Investors can generate cash flow from 50 Oak Street while renovating 56 Oak Street for additional income or profit. Located in Derby's growing market, this dual-property package is a strategic investment to diversify your portfolio.
  1. Listed by Nick A Jones • BHGRE Gaetano Marra Homes
    P: (203)-988-0959 C: (203)-988-0959 RealtorNickJones@gmail.com

Property Details for 50 Oak Street

Basement Description
Full, Unfinished, Interior Access, Concrete Floor
Direct Waterfront
No
Neighborhood
Downtown
Style
Ranch
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 10/14/2025 07:48 PM

Property Details for 50 Oak Street

StatusClosed
MLS #24122141
Days on Market2
Taxes$3,989 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1840
Lot Size0.35 AC / 15,246 SF
CountyNew Haven County

Location

Listing Courtesy of BHGRE Gaetano Marra Homes, Nick A Jones

Sold By Houlihan Lawrence WD, Pamela Benanto

Add your commute

Building Information for 50 Oak Street

Stories-Year Built1840Building Size-Lot Size0.35 AC / 15,246 SF

Payment Calculator

$1,307 per month

30 year fixed, 6.15% Interest

Principal and Interest

$975

Property Taxes

$332

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 50 Oak Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly.
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.323679
  • Longitude: -73.093578
  • Neighborhood Amenities: Basketball Court, Health Club, Library, Medical Facilities, Park, Public Transportation
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $3,989
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Appliances Included: Gas Range, Oven/Range, Refrigerator
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 4
Room 1
  • Room Entry Order: 1
  • Room Level: Main
  • Room Type: Kitchen
Room 2
  • Room Entry Order: 2
  • Room Level: Main
  • Room Type: Primary Bedroom
Room 3
  • Room Entry Order: 3
  • Room Level: Upper
  • Room Type: Bedroom
Property
Property and Assessments
  • Construction Description: Frame, Brick, Block
  • Exterior Siding: Wood
  • Foundation Type: Block, Masonry
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1840
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: Conditioned Square Footage
  • Living Area SQFT Per Public Records: 0
Lot Information
  • Lot Description: Lightly Wooded, Sloping Lot
  • Parcel Number: 1094085
  • Sq Ft Est Heated Above Grade: 843.0
  • Sq Ft Total: 843.0
  • Zoning: CR
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Electric, Domestic, 50 Gallon Tank
  • Radon Mitigation Air: Unknown
  • Radon Mitigation Water: Unknown
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Vacant

Schools near 50 Oak Street

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.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. 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 BHGRE Gaetano Marra Homes, Nick A Jones

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.