Sold for $200,000

$200,000

50 Oak Street, Derby, CT 06418

2beds

843sqft

Single Family Residence

Built in 1840

0.35 Acres Lot

$206,200 Zestimate^®

$237/sqft

$1,951 Estimated rent

Home value

$206,200

$184,000 - $231,000

$1,951/mo

Zestimate^® history

Owner options

List your home for rent

$1,951/mo

Rent Zestimate^®

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$1,951/mo

Rent Zestimate^®

Refinance and save

$1,488/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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$1,488/mo

Est. payment

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What's special

New water heaterNew gutters

Rare investment opportunity at 50-56 Oak Street, Derby, CT! This unique parcel features two houses sold as-is, ideal for investors seeking high returns. 50 Oak Street boasts a 2-year-old roof, new gutters, new water heater, and some updates to wiring and plumbing. The first floor offers a kitchen, bedroom, and bathroom, while the second floor's living area can easily convert to a third bedroom. With city water, city sewer, and natural gas available in-unit this home is ready for immediate rental income. 56 Oak Street, presents strong potential for a gut renovation, transforming it into a lucrative rental or resale property. The property is connected to city utilities. Investors can generate cash flow from 50 Oak Street while renovating 56 Oak Street for additional income or profit. Located in Derby's growing market, this dual-property package is a strategic investment to diversify your portfolio.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Main

Bedroom

Level: Upper

Kitchen

Level: Main

Heating

Forced Air, Oil

Cooling

None

Appliances

Included: Gas Range, Oven/Range, Refrigerator, Electric Water Heater, Water Heater

Features

Basement: Full,Unfinished,Interior Entry,Concrete
Attic: None
Has fireplace: No

Interior area

Total structure area: 843
Total interior livable area: 843 sqft
Finished area above ground: 843

Property

Parking

Parking features: None

Lot

Size: 0.35 Acres
Features: Few Trees, Sloped

Details

Parcel number: 1094085
Zoning: CR

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Block, Masonry
Roof: Asphalt

Condition

New construction: No
Year built: 1840

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Basketball Court, Health Club, Library, Medical Facilities, Park, Near Public Transport

Location

Region: Derby
Subdivision: Downtown

Price history

Date	Event	Price
10/14/2025	Pending sale	$192,050-4%$228/sqft
Source: Smart MLS #24122141 Report a problem
10/10/2025	Sold	$200,000+4.1%$237/sqft
Source: Smart MLS #24122141 Report a problem
8/28/2025	Listed for sale	$192,050$228/sqft
Source: Smart MLS #24122141 Report a problem