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Back 63 Derby Avenue
Off Market

63 Derby Avenue

Derby CT 06418

12
8
5173 sq. ft.
0.09 ac.
Multi-Family
Last sold for $990,000
Justin SudolJustin Sudol, last sold this property on 27 March 2026 after 149 days on market.

Overview

Mixed-use investment opportunity in a high-demand area of Derby, CT. This income-producing property includes 6 residential units and 2 commercial spaces-(4) 2-bedroom/1-bath, (2) 1-bedroom/1-bath apartments, 2 deli/retail spaces, and 1 office-offering a diversified tenant mix with immediate cash flow. Four of the six residential units have been updated within the last year. All tenants are separately metered and cover their own utilities, and heating is provided via a mix of electric baseboard and gas systems, keeping overhead low. There is a clear value-add opportunity with below-market rents in both the residential and commercial units, creating upside through rent adjustments and lease restructuring. Strong visibility and steady local demand further enhance long-term growth potential. Whether you're an experienced investor or expanding your portfolio, this property offers both stability and upside. Schedule your private tour today!

Features

12 bedrooms
8 bathrooms
5173 sq. ft. floor area
0.09 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 12 bedroom multi families sold in Derby over the last 12 months.

Property history for 63 Derby Avenue

2026
Sold
$990,000
27 Mar 2026 by Justin Sudol, of Alpha Capital Realty, LLC

Happy sellers in Derby

95%
95% of sellers in Derby reported that their sale price either exceeded or met their price expectations.

Derby stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Derby over the last 12 months.

Local market activity for 12 bedroom multi families in Derby

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Derby

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Tony Salerno

Tony Salerno is a recommended agent for Derby.  They have 8 local sales and collected 4 local reviews across the last 12 months.

  •   5   (23 reviews)
  •  4 Reviews in Derby
  •  8 Sales in Derby
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John Armellino

John Armellino is an award winning recommended agent for Derby.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (125 reviews)
  •  2 Reviews in Derby
  •  1 Sale in Derby
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Sue Varrone

Sue Varrone is a recommended agent for Derby.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (16 reviews)
  •  1 Review in Derby
  •  2 Sales in Derby
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Arcy Khan

Arcy Khan is a recommended agent for Derby.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (20 reviews)
  •  1 Review in Derby
  •  1 Sale in Derby
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