NOT LISTED FOR SALE

11 Elm St Derry, NH 03038

Studio
5 Baths
2,264 Sq Ft
20,909 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $450,000 $199 Per Sq Ft

6 Days on Market

Highlights

  • Deck
  • Shed
  • High Speed Internet
  • Porch
  • Hot Water Heating System
  • Level Lot

About This Home

As of October 2021

Great Income producing Multi Family located in the heart of Derry! This would be a great addition to any investor portfolio - High income producing and Low Maintenance. All units are currently rented. This 4 family building has a two one-bedroom units, one two-bedroom unit and one three-bedroom unit. Newer roof, electrical on demand heating system, coin-op laundry and plenty of paved parking for tenants. Plenty of backyard privacy for tenants and additional storage. Great location with easy access to local schools, restaurants and all major highways.

Last Agent to Sell the Property

Brian Daniels

BHHS Verani Londonderry License #058773 Listed on: 09/03/2021

BHHS Verani Londonderry

Last Buyer's Agent

Rich Racine

RE/MAX Innovative Properties License #072506

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,974

Year Built

  • Built in 1910

Lot Details

  • 0.48 Acre Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Propane
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Block 131

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $17,502
  • Gross Income $69,480
  • Net Operating Income $51,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,974

Year Built

Built in 1910

Lot Details

0.48 Acres

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: GPS
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 198.76
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3956
  • Sq Ft - Apx Total Finished: 2264
  • Year Built: 1910
  • List Agent: 6228
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2264
  • Sq Ft - Apx Unfinished AG: 572
  • Sq Ft - Apx Unfinished BG: 1120

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum, Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck, Porch, Shed

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: On Demand
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Hot Water
  • Utilities: Cable, Gas - Lp/Bottle, Internet - Cable, Phone

Lot Info

  • Map: 29
  • Lot Sq Ft: 20909
  • Lot Acres: 0.48
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: MHR2
  • Deed Book: 5423
  • Deed Page: 2846
  • Deed Recorded Type: Foreclosure

Multi Family

  • Gross Income: 69480
  • Net Income: 51978
  • Total Full Baths: 5
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 8974
  • Tax Year: 2020
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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 List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $450,000 0.0% $199 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $450,000 -- $199 / Sq Ft
Source: PrimeMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,035 $475,800 $211,700 $264,100
2024 $8,893 $475,800 $211,700 $264,100
2023 $8,756 $423,400 $179,900 $243,500
2022 $8,062 $423,400 $179,900 $243,500
2021 $9,129 $368,700 $136,100 $232,600
2020 $8,974 $368,700 $136,100 $232,600
2019 $8,369 $320,400 $103,000 $217,400
2018 $8,589 $320,400 $103,000 $217,400
2017 $7,857 $288,600 $89,000 $199,600
2016 $7,810 $288,600 $89,000 $199,600
2015 $6,588 $225,400 $74,900 $150,500
2014 $6,631 $225,400 $74,900 $150,500
2013 $6,591 $209,300 $70,200 $139,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4880852

PrimeMLS
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