NOT LISTED FOR SALE

5 Prospect St Derby, CT 06418

7 Beds
4 Baths
3,520 Sq Ft
7,841 Sq Ft Lot

Last Sold April 06, 2023

Last sale price $409,000 $116 Per Sq Ft

97 Days on Market

Highlights

  • City View
  • No HOA
  • Enclosed Patio or Porch
  • Attic
  • 2 Car Detached Garage
  • Zoned Heating

About This Home

As of April 2023

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.

Last Agent to Sell the Property

Sandra Ramalhete

Real Estate Two License #RES.0799488 Listed on: 11/21/2022

Last Buyer's Agent

Jessica Diaz

mygoodagent License #RES.0816568

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,055

Year Built

  • Built in 1854

Lot Details

  • 7,841 Sq Ft Lot
  • Garden

Home Design

  • Side-by-Side
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 3,520 Sq Ft Home
  • City Views
  • Crawl Space
  • Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Additional Features

  • Enclosed Patio or Porch
  • Property is near shops and bus stop

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,055

Year Built

Built in 1854

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3520
  • Public Record Living Room Sq Ft: 2808
  • Total Sq Ft: 3520
  • Year Built: 1854
  • Nearby Amenities: Library, Park, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Crawl Space
  • Laundry Room Location: in units
  • Laundry Room Info: Hook-Up In Unit 1, Hook-Up In Unit 2, Washer/Dryer Some Units
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Patio, Porch, Porch-Enclosed, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Stone
  • Roof Information: Fiberglass Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, On Street Parking, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Shared, Paved
  • Total Parking Spaces: 4

Utilities

  • Heat Type: Gas on Gas, Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1800
  • Lot Description: City Views
  • Zoning: R-5

Multi Family

  • Unit Count: 3
  • Total Multi Family: 21
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 5055
  • Mil Rate Base: 38.600
  • Assessor Parcel Number: 1094737

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $409,000 0.0% $116 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
12/01/2022 12/01/22 For Sale $409,000 -- $116 / Sq Ft
Source: SmartMLS

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170536902

SmartMLS
Your Personal Tour Guide

Ask me questions while you tour the home.