122 Derby Avenue

New Haven, CT 06511

$599,900
Price
5
Beds
3,434 Sq. Ft.
$175 / Sq. Ft.
3,434
Sq. Ft.
$175
per Sq. Ft.

Description

Discover a prime investment opportunity in the heart of New Haven with this 5-unit building at 122 Derby Ave. Featuring two currently leased units, this property already generates income, while three additional units are unoccupied and ready for your personal touch or to attract new tenants. The three unoccupied units present an excellent opportunity increased rental income. Situated in a vibrant neighborhood, the property is close to local amenities, public transportation, and universities, ensuring...Discover a prime investment opportunity in the heart of New Haven with this 5-unit building at 122 Derby Ave. Featuring two currently leased units, this property already generates income, while three additional units are unoccupied and ready for your personal touch or to attract new tenants. The three unoccupied units present an excellent opportunity increased rental income. Situated in a vibrant neighborhood, the property is close to local amenities, public transportation, and universities, ensuring high demand for rentals. New Haven's growing economy and community appeal promise a robust tenant base. Don't miss out on this exceptional chance to invest in a property with significant income potential and room for growth.
  1. Listed by Sean Doran • William Raveis Real Estate
    P: (203)-623-6189 C: (203)-623-6189 seandoranrealestate@gmail.com

Property Details for 122 Derby Avenue

Basement Description
Full, Unfinished
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 12/11/2024 02:58 AM

Property Details for 122 Derby Avenue

StatusActive
MLS #24052876
Days on Market129
Taxes$8,716 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1900
Lot Size0.46 AC / 20,037 SF
CountyNew Haven County

Building Information for 122 Derby Avenue

Stories-Residences5Year Built1900Building Size-Lot Size0.46 AC / 20,037 SF

Property Information for 122 Derby Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.310442
  • Longitude: -72.950313
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $8,716
Interior and Exterior Features
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 20
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Wood
  • Foundation Type: Concrete, Stone
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3434
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1257422
  • Sq Ft Est Heated Above Grade: 3434.0
  • Sq Ft Total: 3434.0
  • Zoning: BA
Utilities
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 5
  • Total Rooms Multi Family: 20
Unit 1
  • Listing Key: 24216D1B35B9305DE063D501100AAD7F
  • Unit Average Sq Ft: 687
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 10-10-2024
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 2
  • Listing Key: 24216D1B35B9305DE063D501100AAD7F
  • Unit Average Sq Ft: 687
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 10-10-2024
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 3
  • Lease: Leased
  • Lease Expires: 07-31-2025
  • Listing Key: 24216D1B35B9305DE063D501100AAD7F
  • Unit Average Sq Ft: 687
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 10-10-2024
  • Unit Monthly Rent: $1,300
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Listing Key: 24216D1B35B9305DE063D501100AAD7F
  • Unit Average Sq Ft: 687
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 10-10-2024
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 5
  • Lease: Leased
  • Lease Expires: 06-30-2025
  • Listing Key: 24216D1B35B9305DE063D501100AAD7F
  • Unit Average Sq Ft: 687
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 10-10-2024
  • Unit Monthly Rent: $950
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 122 Derby Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 122 Derby Avenue

Taxable ValueLand$83,370Additions$143,010Total$226,380
Tax Record2023$8,716 ($726 / month)
Home Facts
Baths5Total Finished SqFt3,434 SqFtAbove Grade Finished SqFt3,434 SqFtStories2Lot Size20,059 SqFtStyleMiscellaneous CommercialYear Built1900ZoningBACountyNEW HAVENAPNNHVN M:339 B:0190 L:00600

Schools near 122 Derby Avenue

This home is within New Haven School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 4
Rating
School
Distance
Barnard Environmental Magnet School
PublicPK to 8

Hill Regional Career High School
Public9 to 12

Augusta Lewis Troup School
PublicPK to 8

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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122 Derby Avenue is a multi-family home for sale in New Haven, CT 06511. This property was listed for sale on October 10, 2024 by William Raveis Real Estate, it's currently listed at $599,900. It has been on the market for a total of 129 days and was last sold on August 17, 2012. This listing's school district is New Haven School District. Nearby schools include Barnard Environmental Magnet School, Hill Regional Career High School and Augusta Lewis Troup School. 122 Derby Avenue is a 5-bed, 5-bath, 3,434 sqft multi-family home built in 1900.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis Real Estate, Sean Doran

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.