NOT LISTED FOR SALE

6 Marlboro Rd Derry, NH 03038

7 Beds
4 Baths
4,162 Sq Ft
9,583 Sq Ft Lot

Last Sold April 19, 2023

Last sale price $480,000 $115 Per Sq Ft

5 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forced Air Heating System
  • Coin Laundry
  • Parking Storage or Cabinetry
  • Baseboard Heating
  • Community Storage Space

About This Home

As of April 2023

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.

Last Agent to Sell the Property

Stephanie Saunders

Foundation Brokerage Group License #075634 Listed on: 03/31/2023

Last Buyer's Agent

Stephanie Saunders

Foundation Brokerage Group License #075634 Listed on: 03/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,790

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,162 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater

Community Details

Overview

  • 4 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,790

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Use gps.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 115.33
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5812
  • Sq Ft - Apx Total Finished: 4162
  • Year Built: 1900
  • Remarks Public: 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.
  • List Agent: 285033
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 4162
  • Sq Ft - Apx Unfinished BG: 1650

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum, Vinyl
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 3
  • Parking: Driveway, Off Street, Paved
  • Garage: Yes
  • Garage Description: Storage Above
  • Garage Type: Detached

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle, Oil
  • Heating: Baseboard, Forced Air
  • Separate Utilities: Yes
  • Total Water Heaters: 4

Condo/Co-op/Association

  • Association Amenities: Coin Laundry, Storage - Indoor

Lot Info

  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: CBD
  • Deed Book: 5163
  • Deed Page: 2972
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 9790.37
  • Tax Year: 2022

Multi Family

  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

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
04/19/2023 04/19/23 Sold $480,000 +24.7% $115 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $385,000 0.0% $93 / Sq Ft
08/24/2015 08/24/15 Rented $905 +1.1% --
08/13/2015 08/13/15 Under Contract -- -- --
07/28/2015 07/28/15 For Rent $895 +5.3% --
09/10/2014 09/10/14 Rented $850 -5.0% --
08/25/2014 08/25/14 Under Contract -- -- --
07/02/2014 07/02/14 For Rent $895 +1.1% --
06/12/2013 06/12/13 Rented $885 -1.7% --
05/13/2013 05/13/13 Under Contract -- -- --
03/28/2013 03/28/13 For Rent $900 -- --
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4947230

PrimeMLS