Value-add opportunity just off Route 34 in Derby. This two-family home offers 2,312 sq ft of living space with four bedrooms and two full baths in total, plus a covered front porch. The first-floor unit is vacant, giving an owner-occupant or investor the chance to start renovations right away, while the second-floor unit is currently tenant-occupied. The home is ready for updates throughout and is priced accordingly, making it a strong candidate for a renovation plan aimed at increasing rental income and long-term value. City water, city sewer and natural gas provide a solid foundation for future improvements. Close to Route 8 with convenient access to New Haven and Fairfield, plus nearby shopping, dining and commuter routes. Live in one unit and rent the other, or renovate both and hold as an investment. Bring your vision to this Derby two-family. Second-floor unit is tenant-occupied; please do not disturb the tenant. Showings by appointment only. Buyer and buyer's agent to verify all information.
Multi-familyProperty Type
1889Year Built
3,049 sq ftLot Size
$151Price/Sq.Ft.
Listed by Chris Carey• Carey & Guarrera Real Estate
Listed by Keenan Carey• Carey & Guarrera Real Estate
The intent of this zone is to provide areas for public and semi-public land uses and associated activities which are in harmony with surrounding development and conform with the Derby Plan of Zoning.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Senior
Infrastructure
Recreation
Park & open space
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, 16 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
84
67
80
61
75
58
66
47
54
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 70 Bank St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $335,000 and $624,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $335K to $624K.