21 Derby Avenue Derby, CT 06418
Listing Courtesy of: SMART MLS / Coldwell Banker Realty / Jerard Gibson

  21 Derby Avenue Derby, CT 06418

Active (4 Days)
$449,990
11
BED
6
BATH
6,029
SQFT

Description

Incredible Mixed-Use Investment Opportunity in the Heart of Derby! Welcome to 21-21 Derby Avenue, a unique and versatile 4-unit mixed-use property located in the rapidly growing city of Derby, CT. Just minutes from the Merritt Parkway and Route 8, this property offers prime accessibility for both residents and businesses alike. The two upper-level units are spacious, side-by-side townhome-style apartments, each offering two floors of living space with 4 bedrooms and 1.5 bathrooms. Both units also feature additional attic space, providing the potential to add up to 3 more bedrooms per unit-a rare value-add opportunity. The ground-level space has been fully gutted and is ready for transformation. Approved architectural plans are in place to convert the space into a 2-bedroom apartment and a commercial office unit, and these plans will transfer with the sale. This property is being sold as-is. Cash or investment financing preferred. Whether you're an experienced investor or a visionary looking to expand your portfolio, this is your chance to capitalize on Derby's continued growth and revitalization. Don't miss out on this rare, high-upside asset in one of Connecticut's most accessible locations.

MLS #:
24102380
Taxes
$9,628(2024)
Lot Size
2,614 SQFT
Type
Multifamily
Year Built
1879
Style
Units Are Side-by-Side
Views
City Views
County
Naugatuck Valley Planning Region
Community
East Derby

Listed By

Jerard Gibson, Coldwell Banker Realty
Source
SMART MLS
Last checked Jun 12 2025 at 9:36 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
  • Half Bathrooms: 2
Lot Information
  • City Views
  • Level Lot
  • Sloping Lot
Property Features
  • Foundation: Brick
Heating and Cooling
  • Baseboard
  • None
Exterior Features
  • Wood
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Public Sewer Connected
  • Fuel: Natural Gas
School Information
  • Elementary School: Per Board of Ed
  • High School: Derby
Garage
  • None
Living Area
  • 6,029 sqft
Location
   
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