50 Oak St, Derby, CT 06418
- $200,000
- 2
- BD
- 1
- BA
- 843
- SqFt
- Sold Price
- $200,000
- List Price
- $192,050
- Status
- CLOSED
- Days on Market
- 44
- Closing Date
- Oct 10, 2025
- MLS#
- 24122141
- Subtype
- Single Family For Sale
- Style
- Ranch
- Year Built
- 1840
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 843
- Lot Size
- 15,245
- Acres
- 0.35
- Neighborhood
- Downtown
Property 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 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.
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Additional Information
- Taxes
- $3,989
- Property Description
- Ranch
- Zoning
- CR
- Appliances
- Gas Range, Range, Refrigerator
- Heating
- Hot Air
- Air Conditioning
- None
- Foundation
- Block, Masonry Perimeter
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Listing courtesy of Nick Jones from BHGRE Gaetano Marra Homes. (203) 988-0959 (203) 627-8726
Selling Office: Houlihan Lawrence WD.Mortgage Calculator
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