5 Prospect Street, Derby, CT 06418

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.