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Closed
  • Listed by: 

    Krissy LaPorte,

    Keller Williams Realty-Metropolitan 603-232-8282

    Bought with: RE/MAX Innovative Properties
    $1,225,000

    45 Birch Street, Derry, NH 03038

    --beds
    --baths
    6,662sqft
    Multi Family
    Built in 1972
    -- sqft lot
    $1,273,600 Zestimate®
    $184/sqft
    $2,331 Estimated rent

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    $2,331/mo

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    $2,331/mo

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    $6,577/mo

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    $6,577/mo

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    What's special

    This multifamily property, with 100% occupancy and a 6.11% cap rate, is ideally situated just 3 miles from Route 93 in Derry, NH. Offering convenient walking access to local amenities and easy connections to major routes, including just 25 miles east to the NH Seacoast and 40 miles south to vibrant Boston, MA, 45 Birch is an exceptional investment opportunity in a prime location. Located within the Office Medical Business zone, this property uniquely combines residential and commercial opportunities, enhancing its appeal as a versatile investment option. The residential units include one 3-bedroom apartment, four 2-bedroom apartments, and three 1-bedroom apartments, along with a commercial unit, all of which have demonstrated consistent rental income and high occupancy rates.

    Zillow last checked: 8 hours ago

    Listing updated: July 30, 2024 at 01:00pm

    Listed by:

    Krissy LaPorte,

    Keller Williams Realty-Metropolitan 603-232-8282

    Bought with:

    Andrew W White

    RE/MAX Innovative Properties

    Source: PrimeMLS,MLS#: 5001086MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas, Hot Air, Hot Water
    Cooling
    • None
    Features
    • Basement: Finished,Walk-Out Access
    Interior area
    • Total structure area: 8,128
    • Total interior livable area: 6,662 sqft
    • Finished area above ground: 6,662
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: Two
    • Frontage length: Road frontage: 80
    Lot
    • Size: 0.30 Acres
    • Features: Level
    Details
    • Zoning description: OMB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Concrete
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & neighborhood

    Location
    • Region: Derry

    Other

    Other facts
    • Road surface type: Paved
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    $1,273,600
    2% more+$25,472
    With Zillow Showcase(estimated)$1,299,072