2 Derby Avenue

About Property

This spacious three-family home is ideally located just off Chapel Street, minutes from Downtown New Haven and only half a block from the newly expanding Yale New Haven Hospital Neurosciences Center at the St. Raphael Campus. This transformative, nearly 500,000-square-foot project-the largest healthcare construction in Connecticut history- is slated to be completed in 2026 with patient move-in anticipated in early 2027 and will bring expanded clinical services and research facilities to the neighborhood. Units 1 and 2 each offer three bedrooms, abundant natural light, and a decorative fireplace. Unit 2 also features a bonus room-ideal for a home office or nursery-as well as in-unit laundry hookups. The third-floor unit offers two bedrooms and is currently rented. Unit 1 and Unit 3 have electric heating, and Unit 2 has gas heating. An excellent investment opportunity near a major local employer and healthcare hub with significant economic impact and job growth during construction and once operational, enhancing long-term rental appeal.
Listed by Caplan Realty Corp., Naftali Caplan. Data sourced from SmartMLS