New Haven, CT 06511,122 Derby Avenue
New Haven, CT 06511,122 Derby Avenue
New Haven, CT 06511,122 Derby Avenue
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$575,000
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7 Beds
5 Baths
3,434 SqFt
Price Dropped by $24K

122 Derby Avenue New Haven, CT 06511

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Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 3,434 sqft

Price per Sqft $167

MLS Listing ID 24134193

Style Units on different Floors,Units are Side-by-Side

Bedrooms 7

Full Baths 5

Year Built 1900

Annual Tax Amount $8,919

Lot Size 0.460 Acres

Property Sub-Type 5 Family+

Property Description

Discover 122 Derby Avenue, a classic five-unit multi-family in New Haven's West River neighborhood. The unit mix includes two 2-bedrooms, two 1-bedrooms, and one large studio-ideal for a range of tenant types. Once fully leased, the building is projected to operate at a conservative 9 cap. One unit is currently leased and four are empty, making it a great opportunity for investors or owner-occupiers looking to generate strong rental income. The property includes a full unfinished basement with room for updates or value-add improvements. Seller will find tenants to occupy units prior to closing to help with financials. Just minutes from Yale University and within close proximity to Southern Connecticut State, downtown New Haven, and major highways - the location offers high rental demand and strong tenant appeal.

Location

State CT

County New Haven

Zoning Ba/Rm1

Rooms

Basement Full, Unfinished

Interior

Heating Hot Air

Cooling None

Exterior

Exterior Feature Porch-Enclosed, Porch

Parking Features None, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Brick, Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Barnard

High Schools Hill Regional


Listed by Zachary Pinto • Alpha Capital Realty, LLC

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Worthington Hooker School

    Public | KG - 8

  • 5

    Forest Elementary School

    Public | KG - 4

  • 5

    Washington Elementary School

    Public | KG - 4

  • 5

    Amistad Academy

    Public | KG - 12

  • 4

    May V. Carrigan Intermediate School

    Public | 5 - 6

  • 4

    Mauro - Sheridan Interdistrict Magnet School

    Public | PK - 8

  • 4

    Betsy Ross Arts Magnet School

    Public | 5 - 8

  • 4

    Church Street School

    Public | PK - 6

  • 4

    Lincoln - Bassett Community School

    Public | PK - 6

  • 4

    Highville Charter School

    Public | PK - 9

  • 4

    Conte/West Hills Magnet School

    Public | PK - 8

  • 3

    Davis Academy for Arts & Design Innovation Magnet School

    Public | PK - 8

  • 3

    Edgewood Magnet School

    Public | KG - 8

  • 3

    Helen Street School

    Public | PK - 6

  • 3

    John C. Daniels School

    Public | PK - 8

  • 3

    East Rock Community & Cultural Studies Magnet School

    Public | PK - 8

  • 2

    Brennan Rogers School

    Public | PK - 8

  • 2

    King / Robinson Interdistrict Magnet School

    Public | PK - 8

  • 2

    Hill Central School

    Public | PK - 8

  • 2

    Wexler - Grant Community School

    Public | PK - 8

Middle Schools 3
  • 6

    Engineering - Science University Magnet School

    Public | 6 - 11

  • 0

    Hopkins School

    Private | 7 - 12

  • 0

    Cedarhurst School

    Private | 6 - 12

High Schools 16
  • 6

    Sound School

    Public | 9 - 12

  • 5

    Cooperative High School

    Public | 9 - 12

  • 4

    Common Ground High School

    Public | 9 - 12

  • 4

    Hill Regional Career High School

    Public | 9 - 12

  • 2

    Metropolitan Business High School

    Public | 9 - 12

  • 2

    Hyde Leadership School

    Public | 9 - 12

  • 2

    New Haven Academy

    Public | 9 - 12

  • 2

    Wilbur Cross High School

    Public | 9 - 12

  • 1

    Eli Whitney Technical High School

    Public | 9 - 12

  • 1

    James Hillhouse High School

    Public | 9 - 12

  • 1

    High School in the Community

    Public | 9 - 12

  • 0

    Chapel Haven School

    Private | 12 - 12

  • 0

    Notre Dame High School

    Private | 9 - 12

  • 0

    Riverside Education Academy

    Public | 9 - 12

  • 0

    Yeshiva Beis Dovid Shlomo

    Private | 9 - 12

  • 0

    Polly T. Mccabe Center

    Public | 9 - 12

School and business data provided by Attom Data.

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James Corby

James Corby

Broker Associate | REB.REB.0794596

+1(860) 865-8197

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122 Derby Avenue