305 Derby Avenue

Derby CT 06418

1809 sq. ft.

0.25 ac.

Duplex

Last sold for $420,000

Katie Dansereau, last sold this property on 18 March 2024 after 60 days on market.

Overview

Introducing a newly renovated and strategically designed multi-family investment home, offering an ideal opportunity for both investors and owner-occupiers. The property features two distinct units, each boasting two generously-sized bedrooms and full renovated bathrooms, providing a comfortable living space for residents. Recently revamped with careful attention to detail, this investment home showcases contemporary finishes and amenities, ensuring an attractive and comfortable living space for tenants. Both units have new kitchen appliances and hard wood floors. Experience year-round comfort with new AC and heating systems, a testament to the thoughtful upgrades implemented throughout. Additionally, both units are equipped with new water heaters, offering efficiency and reliability for daily living. The thoughtful design and modern upgrades enhance the property's appeal, making it an enticing prospect for investors and homebuyers alike. This multi-family gem is perfectly poised for a variety of investment strategies. Savvy investors can capitalize on the potential for dual rental income by leasing out both units. Alternatively, for those looking to live on-site, the property offers the flexibility of owner occupancy in one unit while renting out the other, providing a smart solution to offset costs and generate additional income. This property has easy access to shopping, and major highways. Seize the opportunity to add this property to your investment portfolio today!, Multiple offers. Highest and Best all offers due Tuesday January 23 at noon.

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1809 sq. ft. floor area

0.25 ac. lot size

Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Derby over the last 12 months, the estimated median property value of 305 Derby Avenue is $420k.

Median value

$420k

Estimated value range

$329k - $570k

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Derby. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.