63 Derby Ave

Derby, CT 06418

$990,000
Last Sold Price
12
Beds
5,173 Sq. Ft.
$191 / Sq. Ft.
5,173
Sq. Ft.
$191
per Sq. Ft.
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Closed 3/27/26
Closed 3/27/26
a front view of a building

Description

Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 2 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...Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 2 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!
  1. Listed by Justin Sudol • Alpha Capital Realty, LLC
    P: (203)-980-6412 C: (203)-980-6412 justin@alphacapitalfunds.com

Property Details for 63 Derby Avenue

Basement Description
Full, Full With Hatchway
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Units on different Floors
Swimming Pool
No
LISTING UPDATED: 03/27/2026 06:59 PM

Property Details for 63 Derby Avenue

StatusClosed
MLS #24136435
Days on Market9
Taxes$10,049 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountyNew Haven County
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Location

Listing Courtesy of Alpha Capital Realty, LLC, Justin Sudol

Sold By Milas Realty Advisors, Konstantinos Milas

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Building Information for 63 Derby Avenue

Stories-Residences8Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

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$5,823 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,985

Property Taxes

$837

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 63 Derby Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS.
  • Elementary School: Irving
  • High School: Derby
  • Latitude: 41.317933
  • Longitude: -73.080709
  • State: Connecticut
Parking
  • Parking Total Spaces: 0
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $10,049
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Laundry Room Info: Hook-Up In Unit 4
  • Rooms Total: 30
Room 5
  • Listing Key: 423922D274595889E0631A01100ABA8E
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Flat
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 5173
Lot Information
  • Lot Description: N/A
  • Parcel Number: 1093880
  • Sq Ft Est Heated Above Grade: 5173.0
  • Sq Ft Total: 5173.0
  • Zoning: P
Utilities
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric, 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 37288
  • Gross Annual Income: 118560
  • Net Operating Income: $81,271
  • Occupied By: Tenant
  • Total Number of Units: 8
  • Total Rooms Multi Family: 30
Unit 1
  • Lease: Monthly
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Modified Date: 12-29-2025
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 12-29-2025
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 12-29-2025
  • Unit Monthly Rent: $1,850
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
Unit 4
  • Lease: Monthly
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 12-29-2025
  • Unit Monthly Rent: $1,550
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Vacant
Unit 5
  • Lease: Monthly
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 12-29-2025
  • Unit Monthly Rent: $1,750
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Monthly
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 12-29-2025
  • Unit Monthly Rent: $1,100
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 7
  • Lease: Monthly
  • Unit Entry Order: 8
  • Unit Full Baths: 1
  • Unit Modified Date: 12-29-2025
  • Unit Monthly Rent: $650
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 1
  • Unit Occupied By: Tenant
Unit 8
  • Lease: Monthly
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 12-29-2025
  • Unit Monthly Rent: $1,100
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 63 Derby Avenue

DateEvent & SourcePriceAppreciation
Sep 3, 2024

Closed (Public Record)

Public Record #1540754598

$440,000—
DateEvent & SourcePrice
09/03/2024

Closed (Public Record)

Public Record #1540754598

$440,000

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

Public Records for 63 Derby Avenue

Taxable ValueLand$88,210Additions$144,400Total$232,610
Tax Record2024$10,049 ($837 / month)
Home Facts
Total Finished SqFt5,173 SqFtAbove Grade Finished SqFt5,173 SqFtUnfinished Basement SqFt907 SqFtStories4Lot Size3,920 SqFtStyleOffice BuildingYear Built1900ZoningPCountyNEW HAVENAPNDERB M:7 B:6 L:24

Schools near 63 Derby Avenue

This home is within Derby School District.
Rating
School
Type
Grades
Distance
Irving School
Public - K to 5
Derby Middle School
Public - 6 to 8
Derby High School
Public - 9 to 12
Bradley School
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, 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, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Alpha Capital Realty, LLC, Justin Sudol

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.