105 Olivia Street Derby, CT 06418

Rarely-Available CDD-Zoned Investment Property with Impressive Cap Rate! Located in a revitalization-rich area only steps from the Derby Superior Courthouse, this 4-unit downtown property features three rental units and an office space. Two of the 2BR/1BA residential apartments have a large living area, a fully-equipped kitchen, and well-sized bedrooms, while the 1BR/1BA rental includes an eat-in kitchen and a spacious bedroom. As time progresses with the widening of Downtown Derby Main Street, the area will see a spike in fashionable establishments for intergenerational marketing appeal. Posing long-term investment potential, this cashflow opportunity is perfect for the forward-thinking investor. Other details: 2-car garage, street parking, alarm system, updated mechanicals, fire suppression system, storm cellar, steps to dining, Aldi, and shopping, and much more!