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$625,000
7 Beds ⋅ 4 Baths ⋅ 24192414 MLS
Four-Family Investment Opportunity. Great for investors, contractors, or buyers looking for a property with strong potential! This 4-family property offers an excellent opportunity to own a multi-unit investment property with the potential to generate rental income and build long term value. With the right vision and improvements, this property can be transformed into a highly desirable income-producing asset. This property is being offered SOLD AS-IS, providing the new owner with the flexibility to renovate, update, and improve the property according to their own plans and investment strategy. Whether you're an experienced real-estate investor or looking for a property with room to create value, this four family presents a great opportunity to purchase, improve, and maximize its potential. Additional highlights: 2 new roofs, newer windows 2 new and 2 newer hot water tanks. Visit Derby which offers convenience to public transportation, train station, shopping, restaurants, and much more. Bring your vision and take advantage of this opportunity!

55 Hawkins St, Derby
$575,000
6 Beds ⋅ 4 Baths ⋅ 24202817 MLS
DERBY MULTIFAMILY INVESTMENT OPPORTUNITY - TWO UNITS, SIX BEDROOMS, IMMEDIATE FLEXIBILITY! Investors, owner-occupants, and portfolio builders-this is the opportunity you've been waiting for! 509-511 Roosevelt Drive is a substantial side-by-side two-family property offering an exceptional combination of scale, flexibility, and income-producing potential in Derby. Built in 1985 and positioned on a 0.23-acre corner lot, this property delivers approximately 2,592 square feet above grade with 12 total rooms across two separate units. Each unit offers 3 bedrooms, creating an attractive six-bedroom multifamily configuration. The roof was recently replaced in 2022. Unit 509 features recently remodeled 2 full bathrooms with 1st flr bathroom having a jacuzzi tub and also connections for an additional half bath in the unfinished basement, hardwood floors, fireplace and a connection for a pellet stove in the unfinished basement and a recently updated deck. Unit 511 features recently remodeled kitchen with hardwood floors, remodeled 1 full and 1 half bathrooms, semi-finished basement, newer Anderson windows, back door and screen door with transferrable warranties and a powered retractable awning over the updated back deck.

509-511 Roosevelt Dr, Derby
$250,000
8 Beds ⋅ 4 Baths ⋅ 24199551 MLS
Great opportunity for investors, developers, and owner-users! This mixed-use property offers three residential units plus a commercial storefront, providing excellent potential for multiple income streams once renovated. The property has experienced fire damage and requires significant rehabilitation, making it ideal for an experienced investor looking to restore and reposition the building. The existing layout offers the potential to create a combination of residential rental income and commercial space in a highly visible location. With the right vision and renovation, this property could be transformed into a valuable income-producing asset. This property is also being sold with 25 Derby Ave which is the parking lot attached to the property. Seller is selling this "as is" and there is no access inside. This property needs to be torn down and there might be possibility to save the store front but you need town's approval. Buyers should perform their own diligence regarding the building's condition, zoning, permits, utilities, and required repairs.

21-23 Derby Ave, Derby

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