Derby, CT 06418,5 Prospect Street

$409,000

$409,000

Est.Price: ?

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Est. payment /mo

7 Beds

4 Baths

3,520 SqFt


SOLD DATE : 04/06/2023

Key Details

Sold Price $409,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,520 sqft

Price per Sqft $116

MLS Listing ID 170536902

Sold Date 04/06/23

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

Bedrooms 7

Full Baths 4

Year Built 1854

Annual Tax Amount $5,055

Lot Size 7,840 Sqft

Property Description

This 3-family home has everything you are looking for, ideal for investors or owner occupancy. On a large corner lot with a 2 car detached garage with plenty of parking on the premises. Well maintained and recently updated with new mechanics and a new roof. This multi-family home is ready for new owners. Unit 5, spacious unit 2,219 sq. ft. with 3 floors of living space. This unit has been gutted to the studs and is currently framed. This unit needs to be finished to make it move-in ready. Potential for 4 bedrooms and 2 bathrooms. The unit has to be finished, being sold as is. Unit 5A is rented and was updated in 2020. New gas furnace, washer, and dryer in the unit. 1 bedroom, 1 bath. 430 sq. ft. Unit 7 has been recently updated for modern-day living, currently fully rented with 872 sq. ft. with 2 bedrooms and 1 bath. Washer and dryer in the unit. 2 car garage with the attic is 5,388 sq ft., plenty of opportunity for additional rental income from the garage space. A large lot has been dedicated to parking, along with plenty of on-street parking. A large courtyard provides plenty of outdoor living space for all the units. This is a rare opportunity to own an income-generating multi-family with endless potential for expansion and additional rental income from the garage space and unfinished unit. Close to Rt. 34 and Rt 8. Don't miss out on this well-maintained multi-family home.

Location

State CT

County New Haven

Zoning R-5

Rooms

Basement Crawl Space

Interior

Heating Gas on Gas, Zoned

Cooling None

Exterior

Exterior Feature Garden Area, Patio, Porch, Porch-Enclosed, Sidewalk

Parking Features Detached Garage, On Street Parking, Off Street Parking

Garage Spaces 2.0

Waterfront Description Not Applicable

Roof Type Fiberglass Shingle

Building

Lot Description City Views

Foundation Block, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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Listed by Sandra Ramalhete • Real Estate Two
Bought with Jessica Diaz • mygoodagent
agent-avatar

+1(203) 515-8852

samueljham@gmail.com

Stratford, Connecticut, 06614, United States

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