105 Olivia Street Derby, CT 06418
Multi-Family (2-4 Units)
MLS #: 24071683
Courtesy Of Keller Williams Realty
$670,000
7 beds
|
3 baths
|
2 half baths
|
3,402 sq ft
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Estimated monthly payments:
$2,929/mo.* (recalculate)
Property InformationDescription
Introducing a rare 4-unit building with a day one, Current Gross Rents $6800/mo yielding 9% cap rate with easy updside to 11%. This property featuring three residential units and one office space, plus two detached garages for additional rental income. Located in the heart of Derby's redevelopment zone, this property benefits from city grants and development incentives and possible 5th unit expansion(Buyers to do their own due diligence), making it an excellent opportunity for investors and developers alike. Surrounded by new luxury buildings, restaurants, and retail spaces, this property is positioned in an area experiencing significant growth. With a strong rental history, this downtown location offers high visibility and easy access to major highways, public transportation, and local amenities. Whether you're looking for a high-yield investment or a chance to be part of Derby's revitalization, this property features strong income potential today with even greater upside in the future. Don't miss this opportunity!
Features
- Age: Over 50 Years Old
- Amenities: Dock, Ceiling Fan
- Architecture Style: Other
- Cooling System: Ceiling Fan(s)
- Exterior Type: Brick, Vinyl Siding
- Heating System: Baseboard
- Lot Size: 0.12 Acres
- Roof Type: Asphalt
- Rooms: Basement
- View Type: City
MAP & DIRECTIONS
School Information
105 Olivia Street, Derby, CT 06418
Elementary School
Grades KG-5 |
Public School
IRVING SCHOOL
Derby, CT 06418
9 Garden Pl
203.736.5043
Distance: 0.4 mi
School Rating
D
Student:Teacher Ratio
7:1
Total Students
272
Middle School
Grades 6-8 |
Public School
DERBY MIDDLE SCHOOL
Derby, CT 06418
73 Chatfield St
203.736.1426
Distance: 0.9 mi
School Rating
C
Student:Teacher Ratio
12:1
Total Students
322
High School
Grades 9-12 |
Public School
DERBY HIGH SCHOOL
Derby, CT 06418
75 Chatfield St
203.736.5032
Distance: 0.9 mi
School Rating
F
Student:Teacher Ratio
11:1
Total Students
333
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| St Mary & St Michael School | 0.4 mi | Private | PK-8 | |
| Little Raiders University | 0.8 mi | Public | PK | |
| Perry Hill Elementary School | 0.9 mi | Public | 5-6 | B- |
| Ansonia Middle School | 1.3 mi | Public | 7-8 | D |
| Ansonia High School | 1.3 mi | Public | 9-12 | D- |
| Bradley School | 1.4 mi | Public | KG-5 | D+ |
| Shelton High School | 1.5 mi | Public | 9-12 | C |
| Emmett O'brien Technical High School | 1.6 mi | Public | 9-12 | B- |
| Intermediate School | 1.6 mi | Public | 6-8 | C+ |
| Prendergast School | 1.8 mi | Public | KG-6 | D- |
| Assumption School | 1.9 mi | Private | PK-8 | |
| Mead School | 2.3 mi | Public | PK-6 | D+ |
| Sunnyside School | 2.3 mi | Public | PK-4 | A |
| Elizabeth Shelton School | 2.4 mi | Public | KG-4 | C |
| Long Hill School | 2.7 mi | Public | PK-4 | A- |
| The Foundation School Orange | 3.0 mi | Private | 1-11 | |
| Turkey Hill School | 3.2 mi | Public | 1-6 | A |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Derby, CT 06418
| Median Age: | 46.4 |
|---|---|
| Married: | 40% |
| Number of Households: | 5,396 |
| Households with Children: | 20.7% |
Derby, CT 06418
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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