Connecticut
Derby
112 Smith Street

$519,000

112 Smith Street, Derby, CT 06418

7 beds |
3 baths |
2,344 sqft

Multi-Family Home
Built in 1920
4,792sqft lot
—— car garage
$221/sqft
Listed 11 days ago

Property Description

Presenting a prime investment opportunity in Derby! This well-maintained 3-family home is the perfect addition to your portfolio or an ideal start for an owner-occupant. The property features a spacious 3-bedroom unit on the first floor and two desirable, duplex-style 2-bedroom units on the second floor. Enjoy immediate cash flow from day one, with two units already occupied and generating $3,600 in monthly income ($1,750 for the 3-bed unit and $1,850 for one 2-bed duplex). The second 2-bedroom duplex unit ready for you to move in or rent at market The property includes a small backyard for private outdoor space and is conveniently located with easy access to shopping and major commuter routes like Route 8 and Route 34. Don't let this smart investment pass you by.

Listing Status:: Active
Date Added:: August 11, 2025 at 06:51PM
Listing Office:: Joseph Martino Real Estate : (203) 671-2384
Listing Agent:: Joseph Martino : (203) 671-2384
MLS ID:: 24118613

Basement: Partial
A/C: None
Heating: Hot AirNatural Gas
Fireplace: Fireplaces: 0

This listing courtesy of Joseph Martino, Joseph Martino Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Irving School

9 Garden Pl, Derby, CT, 06418

Grades KG-5

0.31 miles away

Derby Middle School

73 Chatfield St, Derby, CT, 06418

Grades 6-8

0.46 miles away

Derby High School

75 Chatfield St, Derby, CT, 06418

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.