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  • $380,000

    103 Caroline Street, Derby, CT 06418

    5beds
    1,856sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $450,200 Zestimate®
    $205/sqft
    $2,409 Estimated rent

    What's special

    ALL OFFERS DUE BY FRIDAY 1/26/2024 This 2-family home goes beyond the ordinary, offering versatile opportunities with two uniquely designed apartments. The first apartment spans two floors, providing 3 bedrooms and 2 full bathrooms, while the second apartment features 2-3 bedrooms and 1 full bath. Positioned amidst new developments, this property is not just a smart investment, boasting a projected cap rate of 9.7%, but also caters to those seeking a home with income potential. Imagine living in one unit and renting the other, potentially subsidizing most or all of your mortgage payment. Conveniently located near the Derby-Shelton train station, Route 34 expansion, and surrounded by growth, including Trolley Point and Cedar Village Minerva Square, this property is a gateway to both investment success and a place to call home.

    Zillow last checked: 7 hours ago

    Listing updated: February 16, 2024 at 10:07am

    Listed by:

    Christopher Reid,

    Keller Williams Realty,

    Listing Agent: Christopher Reid, Co-Listing Agent: Rafael Monegro,

    Keller Williams Realty

    Bought with:

    Nicole Fiorelli, REB.0795453

    Coldwell Banker Realty

    Buyer Agent: Nicole Fiorelli

    Source: Smart MLS,MLS#: 170619408MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full
    • Attic: Walk-up
    Interior area
    • Total structure area: 1,856
    • Total interior livable area: 1,856 sqft
    • Finished area above ground: 1,856

    Property

    Parking
    • Parking features: Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 10,018 sqft
    • Features: Sloped
    Details
    • Parcel number: 1094656
    • Zoning: CDD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter, Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Derby
    • Subdivision: Downtown
    Services availability
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    An equal housing lender. NMLS #10287.