NOT LISTED FOR SALE

1 N Main St Derry, NH 03038

7 Beds
5 Baths
3,104 Sq Ft
10,019 Sq Ft Lot

Last Sold December 10, 2018

Last sale price $340,000 $110 Per Sq Ft

25 Days on Market

Highlights

  • New Englander Architecture
  • Hot Water Heating System
  • Walk-Up Access
  • Covered Patio or Porch

About This Home

As of December 2018

Fully rented investment property in convenient Derry location. Strong cash flow of $56,580 annually and room for increasing rents. Ample off street parking. Circuit breakers, recently paved parking lot, updated smoke detectors throughout. Each unit has electric stove and refrigerator, ample closets and storage. Fantastic investment opportunity!

Last Agent to Sell the Property

Andrew Kieffer

BHHS Verani Bedford Brokerage Phone: 603-491-5466 License #010710 Listed on: 09/15/2018

BHHS Verani Bedford

Last Buyer's Agent

Andrew Kieffer

BHHS Verani Bedford Brokerage Phone: 603-491-5466 License #010710 Listed on: 09/15/2018

BHHS Verani Bedford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,499

Year Built

  • Built in 1850

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,104 Sq Ft Home
  • 2.5-Story Property
  • Walk-Up Access

Outdoor Features

  • Covered Patio or Porch

Schools

  • Pinkerton Academy High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • 5 Units
  • Gross Income $56,580

Listing and Financial Details

  • Tax Block 078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,499

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, New Englander
  • Directions: Traffic circle to North Main. Property is on right. Parking in in the rear of the property off Thornton Street
  • Flood Zone: Unknown
  • Assessment Amount: 294500
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 109.54
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4670
  • Sq Ft - Apx Total Finished: 3104
  • Year Built: 1850
  • Remarks Public: Fully rented 5 unit investment property in convenient Derry location. Strong cash flow of $56,580 annually and some room for increasing rents. Ample off street parking recently re-paved. Circuit breakers, recently paved parking lot, updated smoke detectors throughout. Each unit has electric stove and refrigerator, ample closets and storage. Some long term tenants in the building. Fantastic investment opportunity!
  • List Agent: 6131
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead
  • Sq Ft - Apx Finished AG: 3104
  • Sq Ft - Apx Unfinished BG: 1566

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Paved

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 6
  • Total Heat Units: 1
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 1
  • Trash: Dumpster

Schools

  • School District: Derry School District SAU #10
  • High School: Pinkerton Academy
  • High School: Pinkerton Academy

Lot Info

  • Map: 37
  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: GC
  • Deed Book: 2540
  • Deed Page: 0352
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 56580
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8499
  • Tax Year: 2017

MLS Schools

  • School District: Derry School District SAU #10

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $340,000 -8.1% $110 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $369,900 -- $119 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4718754

PrimeMLS