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.
- Heating System:
- Hot Air
- Cooling System:
- No
- Basement:
- Full, Unfinished
- Foundation Type:
- Concrete, Brick
- Heat Fuel Type:
- Natural Gas
- Exterior Features:
- Porch, Porch-enclosed
- Exterior Siding:
- Vinyl Siding
- Handicap Features:
- Ramps, Multiple Entries/exits
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 5
- Hot Water Description:
- Natural Gas, 40 Gallon Tank
- Lot Description:
- Level Lot
- Water Source:
- Public Water Connected
- Street:
- Derby
- Street Number:
- 122
- Floor Number:
- 0
- Longitude:
- W73° 2′ 59”
- Latitude:
- N41° 18′ 37.7”
- Office Name:
- Alpha Capital Realty, LLC
- Agent Name:
- Zachary Pinto
- List Agent MLSID:
- 850634
- List Office MLSID:
- 13577
- Tax Year:
- July 2025-June 2026
- Directions:
- GPS
- Elementary School:
- Barnard
- High School:
- Hill Regional
- HOA Fee Amount:
- $0
- Parcel Number:
- 1257422
- Property Tax:
- $8,919
- Zoning:
- Ba/Rm1
Multi-family For Sale
122 Derby, New Haven, 06511
- Property Type :
- Multi-family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24134193
- Price :
- $575,000
- Bedrooms :
- 7
- Baths Total :
- 5
- Bathrooms :
- 5
- Half Bathrooms :
- 0
- Square Footage :
- 3,434 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.46 Acre
- City:
- New Haven
- Zipcode:
- 06511
- Property Sub Type :
- 5 Family+
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
-
-
