1 day on market
$4.7K
Estimated value as of Jun 2025
MLS® # 24104436
Discover 122 Derby Avenue, a classic five-unit multi-family in New Haven's West River neighborhood. The unit mix includes two 2-bedrooms, two 1-bedrooms, and one large studio-ideal for a range of tenant types. Two units are currently leased and three are empty, making it a great opportunity for investors or owner-occupiers looking to generate strong rental income. The property includes a full unfinished basement with room for updates or value-add improvements. Just minutes from Yale University, downtown New Haven, and major highways, the location offers high rental demand and strong tenant appeal. Once fully leased, the building is projected to operate at a conservative 9% cap. Schedule your showing today.
Category
Residential
Style
Multi-Family For Sale
Type
Units on different Floors,Units are Side-by-Side
Taxes / Year
$8,716 / July 2024-June 2025
Status
New
Days on Market
1 days ago
List Date
06/16/2025
Listing Updated On
06/16/2025
Year Built
1900
Total Beds
7
Baths
5
Heating Type
Baseboard,Hot Air,Radiator
Air Conditioning
None
Fireplaces
No
Total Parking
5
Parking Type
None, Off Street Parking
Type
Full,Unfinished
Year Built
1900
Foundation Type
Brick,Concrete
Roof Material
Asphalt Shingle
Exterior
Vinyl Siding
Water Supply
Public Water Connected
Sewer
Public Sewer Connected
Brokerage
Alpha Capital Realty, LLC
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