NOT LISTED FOR SALE

5 Prospect St Derby, CT 06418

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

Sale Details

Date Sold: April 6, 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: SmartMLS

MLS Number: 170536902

SmartMLS
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