Prime investment opportunity in Derby! 2 spacious apartments consisting of two 2 bedrooms & 1 full bath each. First floor has been updated with luxury vinyl, second floor showcases beautiful refinished hardwoods floors. Each unit has their own seperate laundry hookups. There is a 3rd floor attic accessed from outside. Check with the town to make it a possible 3 family! Located minutes from Route 34, train station, shopping & an inviting revitalized downtown, these units will rent fast. Solid structure, a profitable cash flow, great location and off street parking! ***house had some frozen pipes during the winter. Plumber came in and gave us a. cost of $24,000 to repair. Being sold as is. Cash offers or rehab loan. ***Previous deal fell apart because buyer was layed off and could not obtain financing.
Multi-familyProperty Type
1850Year Built
4,356 sq ftLot Size
$188Price/Sq.Ft.
6 spacesParking
Listed by Linda Conchado• Century 21 AllPoints Realty
The purpose and intent of the Center Design Development District CDD regulations are to: Support future growth of Downtown Derby to enhance the tax base, ensure compatible and cohesive land uses, increase the City’s economic vitality, and further the goals of Derby’s Plan of Conservation and Development; Enable and encourage moderate-density and mixed-use development to increase the residential density and intensity of activity within the downtown area in support of viable and diverse locally-oriented businesses and cultural institutions; Capitalize on opportunities to attract and grow a variety of retail, service, and cultural establishments to serve local needs and create regional attractions and a robust economic base; Coordinate the placement, orientation, and design of buildings to ensure a coherent and pedestrian-friendly streetscape and traditional urban character by creating well-defined street edges with continuous building walls, articulated and transparent facades, and architectural features that create visual interest and an attractive pedestrian environment; Maintain the architectural character and appearance of the downtown and its existing historic buildings while promoting the rehabilitation and/or replacement of blighted and underutilized properties with new developments of an appropriate and high quality of design; Support and strengthen the viability of redevelopment activities and priorities for the area south of Main Street; Create activated corridors within the downtown area, and between the downtown core and key transportation linkages, including Bridge Street, the Derby Greenway, and the Derby Train Station; Enhance the viability of the downtown as a transit-oriented development hub.
Permitted uses
Include but are not limited to:
Bank
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Housing-Multiple units
Housing-Senior
Industrial
Mixed use building
Office
Medical office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Derby, CT • 06418
Average low and high temperatures (°F)
35
21
37
23
52
34
61
43
68
52
80
61
85
68
80
61
75
58
66
47
54
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 63 Minerva St
$360,864
$864 over list price of $360K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $360K to $585K.