NOT LISTED FOR SALE

20 Franklin St Derry, NH 03038

1 Bed
12 Baths
7,758 Sq Ft
1.07 Acres

Last Sold October 29, 2019

Last sale price $1,320,000 $170 Per Sq Ft

40 Days on Market

Highlights

  • Patio
  • Baseboard Heating
  • Walk-Up Access
  • Landscaped
  • Level Lot
  • 2-minute walk to Hood Park

About This Home

As of October 2019

12 unit ranch style building built in 1985. Two buildings, one containing 4 units the other building having 8 units. All units are about 600 sq. ft. and have one bedroom and one bath and are all the same floor plan. Eat in Kitchen, Living room, Bedroom w/ walk in closet and full bath. Access to patio with privacy walls in rear of property. Exterior all recently renovated, all new patios, siding, windows, landscaping and pavement in parking lot. Nothing left to do but collect the rents. All units are at $900 month with leases ending 5/31/2020. All units are or will be converted to separate utilities. Heat & hot water will have hydronic flow meters installed. Tenants pay electric ands will pay metered heat and hot water . Close to Municipal complex, shopping, recreation, and dining. See attachment to listing for financials and photos depicting each units Kitchens & baths and typical setup for floor plan. Gross rents ar $129,600 annually with $49,760 in expenses. Great condo conversion property!

Last Agent to Sell the Property

Rod Clermont

RE/MAX Innovative Properties License #003251 Listed on: 07/26/2019

RE/MAX Innovative Properties

Last Buyer's Agent

Travis Warner

EXP Realty License #068822

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,516

Year Built

  • Built in 1985

Lot Details

  • 1.07 Acre Lot
  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • 12 Full Bathrooms
  • 7,758 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Up Access
  • Crawl Space

Parking

  • 21 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Patio

Schools

  • Pinkerton Academy High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Oil
  • Separate Meters
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 083

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $49,790
  • Gross Income $129,600
  • Net Operating Income $79,810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,516

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Ranch
  • Flood Zone: Unknown
  • Assessment Amount: 1326000
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 1
  • Price Per Sq Ft: 170.15
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7758
  • Sq Ft - Apx Total Finished: 7758
  • Year Built: 1985
  • Remarks Public: 12 unit ranch style building built in 1985. Two buildings, one containing 4 units the other building having 8 units. All units are about 600 sq. ft. and have one bedroom and one bath and are all the same floor plan. Eat in Kitchen, Living room, Bedroom w/ walk in closet and full bath. Access to patio with privacy walls in rear of property. Exterior all recently renovated, all new patios, siding, windows, landscaping and pavement in parking lot. Nothing left to do but collect the rents. All units are at $900 month with leases ending 5/31/2020. All units are or will be converted to separate utilities. Heat & hot water will have hydronic flow meters installed. Tenants pay electric ands will pay metered heat and hot water . Close to Municipal complex, shopping, recreation, and dining. See attachment to listing for financials and photos depicting each units Kitchens & baths and typical setup for floor plan. Gross rents ar $129,600 annually with $49,760 in expenses. Great condo conversion property!
  • List Agent: 4249
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Crawl Space
  • Sq Ft - Apx Finished AG: 7758

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Poured Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Patio

Garage/Parking

  • Parking: Parking Spaces 21+

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler, Oil
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Cooling: Wall AC Units
  • Separate Utilities: Yes
  • Total Electric Meters: 12
  • Total Heat Units: 12
  • Total Ranges: 12
  • Total Refrigerators: 12
  • Total Water Heaters: 12
  • Trash: Owner
  • Utilities: Cable - At Site

Schools

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

Lot Info

  • Map: 30
  • Lot: 083
  • Lot Sq Ft: 46609
  • Lot Acres: 1.07
  • Lot Description: Landscaped, Level
  • Surveyed: Unknown
  • Zoning: CBD
  • Deed Book: 1784
  • Deed Page: 5991
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 129600
  • Net Income: 79810
  • Total Full Baths: 12
  • Total Units: 12
  • Total1 Bedroom Units: 12

Tax Info

  • Tax Gross Amount: 34516
  • Tax Year: 2018

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
10/29/2019 10/29/19 Sold $1,320,000 -4.0% $170 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $1,375,000 0.0% $177 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $1,375,000 -- $177 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rod Clermont

    Seller's Agent in 2019

    Rod Clermont

    RE/MAX

    (603) 204-9288

    101 Total Sales

    Rod Clermont
    Section Image

  • T

    Buyer's Agent in 2019

    Travis Warner

    EXP Realty

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4767313

PrimeMLS
New Hampshire Rockingham County Derry 03038

20 Franklin St, Derry, NH

This home is located at 20 Franklin St, Derry, NH 03038 since 26 July 2019. This property was built in 1985. 20 Franklin 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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