50 Oak Street Under Contract Save Request In-Person Tour Request Virtual Tour
Derby,CT 06418
Key Details
Property Type Single Family Home
Listing Status Under Contract
Purchase Type For Sale
Square Footage 843 sqft
Price per Sqft $227
MLS Listing ID 24122141
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1840
Annual Tax Amount $3,989
Lot Size 0.350 Acres
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.
Location
State CT
County New Haven
Zoning CR
Interior
Heating Hot Air
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Lightly Wooded,Sloping Lot
Foundation Block,Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed