New - 5 days on Rocket
$5,819 Closing Credit¹
#24071688, Christopher Reid, Listing Office: Keller Williams Realty
#24071683·
Listing Office: Keller Williams Realty·
Listing Agent: Rafael Monegro·
Listing Office Phone: (203) 429-4020
$7,956
closing credit¹
105 Olivia St Derby, CT 06418
$670,000 List price
$7,956
Closing credit¹
7 beds
3 full, 2 partial
3,402 sqft
0.1 acres
$197 / sqft
Multi-Family
Property details
About 105 Olivia St
Introducing a rare 4-unit building with a day one, Current Gross Rents $6800/mo yielding 9% cap rate with easy updside to 11%. This property featuring three residential units and one office space, plus two detached garages for additional rental income. Located in the heart of Derby's redevelopment zone, this property benefits from city grants and development incentives and possible 5th unit expansion(Buyers to do their own due diligence), making it an excellent opportunity for investors and developers alike. Surrounded by new luxury buildings, restaurants, and retail spaces, this property is positioned in an area experiencing significant growth. With a strong rental history, this downtown location offers high visibility and easy access to major highways, public transportation, and local amenities. Whether you're looking for a high-yield investment or a chance to be part of Derby's revitalization, this property features strong income potential today with even greater upside in the future. Don't miss this opportunity!
Highlights
Home typeMulti Family
HeatingBaseboard
StatusActive
CoolingCeiling Fan(s)
Size3,402 sqft
BasementYes
Lot size0.12 Acres
Year built1885
ParkingDetached Garage, Off Street Parking
MLS #24071683
Garage3 spaces
ViewCity
Summary
- MLS Number: 24071683
- Office Name: Keller Williams Realty
- Office Phone: (203) 429-4020
- Office Email: rafaelmonegro.realtor@gmail.com
- Listing Agent: Rafael Monegro
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$670,000
105 Olivia St
$7,956
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 31, 2022 | Home Sold | $365,000 |
| Oct 18, 2001 | Home Sold | $165,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $168,980 | $7,300 |
| 2023 | $168,980 | $6,523 |
| 2022 | $129,290 | $4,991 |
| 2021 | $129,290 | $4,991 |
| 2020 | $174,930 | $7,674 |
| 2019 | $174,930 | $7,324 |
History based on county public records data.
Nearby schools
2
Irving School
Public District KG-5
0.4 mi
•9 Garden Pl
3
Bradley School
Public District KG-5
1.4 mi
•155 David Humphrey Rd
2
Prendergast School
Public District KG-6
1.8 mi
•59 Finney St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,376. Most Derby, CT residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
53%
<35k
36%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Pro Wrestling- UFC
Where do the neighbors shop?
Burlington
Family Dollar
Forever 21
Where do the neighbors go to eat?
Popeyes
Cicis Pizza
Burger King
What do the neighbors drive?
Dodge
Pontiac
Buick
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
$5,046 Closing Credit¹
#24006515, Patrick Laufer, Listing Office: Laufer Real Estate
This home is located at 105 Olivia St in Derby, CT and zip code 06418. This 3,402 square foot home, which was built in 1885, sits on a 0.12 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $670,000.
In January 2025 more than 3 listings in Derby, CT were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 5 were sold below. The inventory of homes for sale in Derby, CT between December and January 2025 decreased by 6.3%.
From Rocket Homes Real Estate and based on county public records data.