63 Minerva Street

Derby, CT 06418

$163,000
Last Sold Price
4
Beds
2
Baths
1,920 Sq. Ft.
$85 / Sq. Ft.
1,920
Sq. Ft.
$85
per Sq. Ft.

Description

Opportunity to own a turn key two-family in Derby with 10+% ROI. The units are each 5 rooms with 2 beds/1 bath and are updated with newer kitchens and bathsm washer/dryers in units + both currently 100% occupied. The 3rd floor is partially finished - buyer can complete for additional unit + value add! The property features: vinyl siding and replacement windows + off-street parking. The utilities are separate and tenant paid: gas heat with baseboards and tank-less hot water heaters with Navien hot...Opportunity to own a turn key two-family in Derby with 10+% ROI. The units are each 5 rooms with 2 beds/1 bath and are updated with newer kitchens and bathsm washer/dryers in units + both currently 100% occupied. The 3rd floor is partially finished - buyer can complete for additional unit + value add! The property features: vinyl siding and replacement windows + off-street parking. The utilities are separate and tenant paid: gas heat with baseboards and tank-less hot water heaters with Navien hot water heating system + electrical is updated to circuit breakers. Great location for commuters - near Rte 8, Rte 34 and downtown Derby + walking distance to public transportation. There is off-street parking behind the property. If you're looking to invest or possibly owner occupy in a more residential area, this is a great opportunity to consider.
  1. Listed by Amanda R Faroni • Berkshire Hathaway NE Prop.
    P: (203) 314-4219 C: (203) 3144219 amandafaroni25@gmail.com

Property Details for 63 Minerva Street

Basement Description
Full, Unfinished
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
Off Street Parking
Swimming Pool
No

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Amanda R Faroni

Sold By Keller Williams Realty Prtnrs., Davante Mallard

Add your commute
LISTING UPDATED: 12/22/2020 09:35 PM

Property Details for 63 Minerva Street

StatusClosed
MLS #170336990
Days on Market44
Taxes$3,823 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1850
Lot Size0.10 AC / 4,356 SF
CountyNew Haven County

Location

Listing Courtesy of Berkshire Hathaway NE Prop., Amanda R Faroni

Sold By Keller Williams Realty Prtnrs., Davante Mallard

Add your commute

Building Information for 63 Minerva Street

Stories-Residences2Year Built1850Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$1,208 per month

30 year fixed, 7.25% Interest

Principal and Interest

$890

Property Taxes

$319

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 63 Minerva Street

Summary
Property and Location
  • Acres Source: Public Records
  • Association Amenities: None
  • Directions: Caroline St to Minerva - Near Home Depot
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Derby
  • Intermediate School: Per Board of Ed
  • Latitude: 41.321136
  • Longitude: -73.08805
  • Middle Jr High School: Per Board of Ed
  • Neighborhood Amenities: Public Transportation, Shopping/Mall, Walk to Bus Lines
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2020-June 2021
  • Property Tax: $3,823
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Gutters, Lighting, Porch, Sidewalk, Underground Utilities
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Crawl Space
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Attic YN: Yes
  • Laundry Room Info: Washer/Dryer All Units
  • Rooms Total: 10
Property
Property and Assessments
  • Color: Beige
  • Construction Description: Frame
  • Driveway Type: Cement
  • Elevation Certificate: No
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Fuel Tank Location: Non Applicable
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1850
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 1920
Lot Information
  • Lot Description: N/A
  • Parcel Number: 1093192
  • Sq Ft Est Heated Above Grade: 1920.0
  • Sq Ft Total: 1920.0
  • Zoning: CDD
Utilities
  • Energy Features: Thermopane Windows
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 8207
  • Gross Annual Income: 24096
  • Net Operating Income: $14,684
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 10
Building Details
  • Unit Count: 2
Unit 1
  • Lease: Monthly
  • Listing Key: DD6F74D67688219AE0531401100A447C
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 960
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 10-25-2020
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Listing Key: DD6F74D67688219AE0531401100A447C
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 960
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 10-25-2020
  • Unit Monthly Rent: $1,008
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant

Property History for 63 Minerva Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 63 Minerva Street

Taxable ValueLand$19,460Additions$116,130Total$135,590
Tax Record2023$5,234 ($436 / month)
Home Facts
Baths2Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtStories2Lot Size4,356 SqFtStyleDuplexYear Built1850Year Renovated2010ZoningCDDCountyNEW HAVENAPNDERB M:8 B:5 L:106Fireplace TypeHas Fireplace

Schools near 63 Minerva 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.

Similar Homes

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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 Berkshire Hathaway NE Prop., Amanda R Faroni

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.