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    63 Derby Ave Derby, CT 06418

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    For Sale
    $1,150,000

    Income-producing property with residential and commercial units in Derby, CT.

    Lot size:
    0.09 Acres

    Property Features for 63 Derby Ave

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1900

    Source: Alpha Capital Realty, LLC Agent Justin Sudol

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Derby Mixed-Use Investment Opportunity

    This mixed-use property in Derby, CT, presents an investment opportunity with immediate cash flow. The property features a diversified tenant mix, including 6 residential units and 3 commercial spaces. The residential component consists of (4) 2-bedroom/1-bath apartments and (2) 1-bedroom/1-bath apartments. The commercial spaces include 2 deli/retail spaces and 1 office. Four of the six residential units have been updated within the last year. All tenants are separately metered and cover their own utilities. Heating is provided via a mix of electric baseboard and gas systems. The property offers a value-add opportunity through rent adjustments and lease restructuring, as both the residential and commercial units have below-market rents. Strong visibility and steady local demand enhance long-term growth potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lasowiak Deli

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0806468
    Latitude
    41.3178533

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    FAQs

    What type of property is this?
    Mixed-use property - Income-producing property with residential and commercial units in Derby, CT.
    Where is this mixed-use property located?
    The property is located at 63 Derby Ave Derby, CT.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Income-producing mixed-use property with 6 residential units and 3 commercial spaces.; - Diversified tenant mix provides immediate cash flow.; - Value-add opportunity through below-market rent adjustments and lease restructuring.
    (203) 980-6412
    Request Owner's contact information
    63 Derby Ave Derby, CT 06418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    63 Derby Ave Derby, CT 06418
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