NOT LISTED FOR SALE

11 Elm St Derry, NH 03038

-- Bed
5 Baths
2,264 Sq Ft
0.48 Acres

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

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
  • Remarks Public: 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.
  • 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

Range of Values:

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List Price
Sold Price
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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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Daniels

    Seller's Agent in 2021

    Brian Daniels

    BHHS Verani Londonderry

    (603) 289-2488

    28 in this area

    62 Total Sales

    Brian Daniels
    Section Image
  • Rich Racine

    Buyer's Agent in 2021

    Rich Racine

    RE/MAX

    (603) 738-0898

    3 in this area

    93 Total Sales

    Rich Racine
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4880852

PrimeMLS
New Hampshire Rockingham County Derry 03038

11 Elm St, Derry, NH

This home is located at 11 Elm St, Derry, NH 03038 since 03 September 2021. This property was built in 1910. 11 Elm St is a home located in Rockingham County with nearby schools including Grinnell School, Gilbert H. Hood Middle School, and Pinkerton Academy.

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