#24099541, Fred Thompson, Listing office: US Asset Realty

98 Water St Derby, CT 06418
Property details
About 98 Water St
A fantastic opportunity for investors. This fully occupied, side-by-side duplex offers immediate cash flow from day one. Each unit features a unique, multi-level layout. The first floor includes the kitchen and a full bath. The second floor hosts a spacious living room and a bedroom, while the top floor contains two additional cozy bedrooms. Benefit from the simplicity and low maintenance of electric heat, reducing worries about complex mechanicals. Key features include convenient in-unit laundry hookups and dedicated off-street parking for each unit. With its duplex style offering excellent privacy for tenants, this property is a stable and attractive rental. Don't miss this turnkey investment. Do not disturb tenants.
Highlights
Summary
- Full Bathrooms: 2
- Basement: No
- Total Bedroom Count: 6
- Attached Garage: No
- Private Pool: No
- Parking: None
- View: City
- Heating: Baseboard
- Cooling: None
- List Price: $349,000
- Price/SqFt: $324
- Annual Tax Amount: $3,281
- Tax Year: 2024
- Lot: City Lot
- Directions: GPS
- Year Built: 1825
- Living Area: 1,075 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 24114709
- Office Name: Joseph Martino Real Estate
- Office Phone: (203) 671-2384
- Office Email: joe@joemartinore.com
- Listing Agent: Joseph Martino
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 05, 2021 | Home Sold | $210,000 |
Jan 02, 2007 | Home Sold | $13,333 |
Jan 02, 2007 | Home Sold | $26,666 |
Mar 24, 1987 | Home Sold | $70,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $75,950 | $3,281 |
2023 | $75,950 | $2,932 |
2022 | $75,950 | $2,932 |
2021 | $75,950 | $2,932 |
2020 | $63,560 | $2,788 |
2019 | $63,560 | $2,661 |
History based on county public records data.
Nearby schools
2
Irving School
Public District KG-5
0.3 mi
•9 Garden Pl
3
Bradley School
Public District KG-5
1.2 mi
•155 David Humphrey Rd
2
Prendergast School
Public District KG-6
1.6 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 $68,015. The majority of Derby, CT residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 98 Water St
The listing price of 98 Water St property is $349,000.
The property 98 Water St is a multi located in Derby, Connecticut, 06418.
Active Listing: 98 Water St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 98 Water St are: Irving School (GreatSchools Rating 2/10), Bradley School (GreatSchools Rating 3/10), Prendergast School (GreatSchools Rating 2/10), Derby Middle School (GreatSchools Rating 4/10), Perry Hill Elementary School (GreatSchools Rating 6/10), Ansonia Middle School (GreatSchools Rating 2/10), Derby High School (GreatSchools Rating 1/10), Ansonia High School (GreatSchools Rating 2/10), Emmett O'Brien Technical High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $3,281 (source: MLS/based on county public records data).
The last sale was on January 5, 2021 for $210,000 (source: MLS/tax record).
The property 98 Water St is 1,075 SqFt (source: MLS/tax record).
The year of construction for 98 Water St is 1825.
This home is located at 98 Water St in Derby, CT and zip code 06418. This 1,075 square foot home, which was built in 1825, sits on a 0.13 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $349,000.
Over 4 listings were sold over their listed price in June 2025 in Derby, CT. In the same period over 5 listings were sold below the listed price and 0 listings were sold for the listed price. In June 2025 in Derby, CT there were 5% less homes for sale than in May.