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  • Listed by: 

    Stephanie Saunders,

    Compass New England, LLC Cell:978-641-1114

    Bought with: Compass New England, LLC
    $480,000

    6 Marlboro Road, Derry, NH 03038

    7beds
    4,162sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $663,600 Zestimate®
    $115/sqft
    $2,650 Estimated rent

    Home value

    $663,600

    $604,000 - $730,000

    $2,650/mo

    Zestimate® history
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    What's special

    Looking for a multi-family property that offers an incredible location, immediate income-generating potential, and zoning for commercial use? Look no further than this 7-bedroom, 4-family property in Downtown Derry with Commercial Business District (CBD) zoning. Located in the heart of Derry and just minutes from transportation, shopping, and dining, this property is an investment opportunity for both seasoned investors and owner-occupants alike. The building is made up of four units, including a vacant owner's apartment on the entire first floor that has the potential to be split into two separate units, but will need some rehab. Three units are currently leased with very long-term tenants, ensuring immediate stream of income. Additionally, this property boasts two paved driveways for off-street parking and a 3-car detached garage with high ceilings and electricity. The property has a new 6 month old roof and on-site coin laundry, and is serviced by public water and public sewer. The first floor is heated by oil, while the second floor is heated by gas. With three tenants currently paying their own electric and hot water, this property is a fantastic opportunity, sold AS IS, & a quick close is possible. Showings of the first-floor owner’s unit and basement are available immediately, please do not disturb the 3 other units and tenants.  All offers due Monday April 3rd by 12pm.  Occupied unit showings will be scheduled Tuesday for buyers who submit offer by deadline.

    Zillow last checked: 8 hours ago

    Listing updated: April 24, 2023 at 08:09am

    Listed by:

    Stephanie Saunders,

    Compass New England, LLC Cell:978-641-1114

    Bought with:

    Stephanie Saunders

    Compass New England, LLC

    Source: PrimeMLS,MLS#: 4947230MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 4
    Heating
    • Propane, Oil, Baseboard, Forced Air
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Unfinished,Interior Entry
    Interior area
    • Total structure area: 5,812
    • Total interior livable area: 4,162 sqft
    • Finished area above ground: 4,162
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved, Storage Above, Detached, Driveway, Off Street
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Levels: 3
    Lot
    • Size: 9,583 sqft
    • Features: City Lot, Other, In Town, Near Shopping, Neighborhood
    Details
    • Zoning description: CBD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Aluminum Siding, Vinyl Exterior
    • Foundation: Fieldstone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Other
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & neighborhood

    Location
    • Region: Derry

    Price history

    DateEventPrice
    4/19/2023Sold$480,000+24.7%$115/sqft
    Source: PrimeMLS #4947230 Report a problem
    4/5/2023Contingent$385,000$93/sqft
    Source: PrimeMLS #4947230 Report a problem
    3/31/2023Listed for sale$385,000$93/sqft
    Source: PrimeMLS #4947230 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 03038

    Nearby schools

    GreatSchools rating
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    $663,600
    2% more+ $13,272
    With Zillow Showcase(estimated)
    $676,872