Estimated payment $1,376/month
Highlights
- Popular Property
- Ranch Style House
- Concrete Flooring
- Property is near public transit
- Public Transportation
- 5-minute walk to Derby Green
About This Home
Rare investment opportunity at 50-56 Oak Street, Derby, CT! This unique parcel features two houses sold as-is, ideal for investors seeking high returns. 50 Oak Street boasts a 2-year-old roof, new gutters, new water heater, and some updates to wiring and plumbing. The first floor offers a kitchen, bedroom, and bathroom, while the second floor's living area can easily convert to a third bedroom. With city water, city sewer, and natural gas available in-unit this home is ready for immediate rental income. 56 Oak Street, presents strong potential for a gut renovation, transforming it into a lucrative rental or resale property. The property is connected to city utilities. Investors can generate cash flow from 50 Oak Street while renovating 56 Oak Street for additional income or profit. Located in Derby's growing market, this dual-property package is a strategic investment to diversify your portfolio.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,989
Year Built
- Built in 1840
Lot Details
- 0.35 Acre Lot
- Property is zoned CR
Home Design
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Block Exterior
- Masonry
Interior Spaces
- 843 Sq Ft Home
- Concrete Flooring
Kitchen
- Oven or Range
- Gas Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- Property is near public transit
Utilities
- Heating System Uses Oil
- Electric Water Heater
- Fuel Tank Located in Basement
Community Details
- Public Transportation
Listing and Financial Details
- Assessor Parcel Number 1094085
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,989 | $92,330 | $21,930 | $70,400 |
| 2024 | $3,989 | $92,330 | $21,980 | $70,350 |
| 2023 | $3,564 | $92,330 | $21,980 | $70,350 |
| 2022 | $3,564 | $92,330 | $21,980 | $70,350 |
| 2021 | $3,564 | $92,330 | $21,980 | $70,350 |
| 2020 | $3,194 | $72,800 | $21,980 | $50,820 |
| 2019 | $3,470 | $82,880 | $21,980 | $60,900 |
| 2018 | $3,263 | $82,880 | $21,980 | $60,900 |
| 2017 | $3,263 | $82,880 | $21,980 | $60,900 |
| 2016 | $3,263 | $82,880 | $21,980 | $60,900 |
| 2015 | $3,142 | $87,920 | $27,020 | $60,900 |
| 2014 | $3,142 | $87,920 | $27,020 | $60,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | For Sale | $192,050 | -- | $228 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $12,125 | -- | |
| Warranty Deed | $12,125 | -- | |
| Warranty Deed | $12,125 | -- |
Source: SmartMLS
MLS Number: 24122141
APN: DERB-000009-000002-001920
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