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Serving Maine & New Hampshire
"Come and explore the possibilities!"

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1.800.988.3055

Multi-Family for Sale: 45 Birch Street, Derry, NH 03038 SOLD

6,662 sqft
$1,225,000
$1,225,000
45 Birch Street, Derry, NH 03038 SOLD
6,662 sqft
$1,225,000
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Selling Price: $1,225,000
Original List Price: $1,600,000
Sold at 76.6% of list price
Sold Date: 07/30/2024
Type Multi-Family
Style Multi-Family
Square Feet 6,662 sqft
Lot Size 0.30 acres
Year Built 1972
City Derry
County Rockingham
School District Derry School District SAU #10
MLS 5001086
Status Closed
DOM 9 days
This multifamily property, with 100% occupancy and a 6.11% cap rate, is ideally situated just 3 miles from Route 93 in Derry, NH. Offering convenient walking access to local amenities and easy connections to major routes, including just 25 miles east to the NH Seacoast and 40 miles south to vibrant Boston, MA, 45 Birch is an exceptional investment opportunity in a prime location. Located within the Office Medical Business zone, this property uniquely combines residential and commercial opportunities, enhancing its appeal as a versatile investment option. The residential units include one 3-bedroom apartment, four 2-bedroom apartments, and three 1-bedroom apartments, along with a commercial unit, all of which have demonstrated consistent rental income and high occupancy rates.

Lot & Building Features

Utilities Cable
Construction Wood Frame
Cooling None
Heat Source Gas - Natural
Heating Hot Air, Hot Water
Sewer Public
Tax Year 2023
Water Public
Basement Description Finished
Foundation Concrete
Lot Description Level
Roof Shingle - Asphalt
Garage No

Community and Schools

Elementary School Grinnell Elementary School
Junior High School Gilbert H. Hood Middle School
Senior High School Pinkerton Academy

Unit Features

Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1850.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Month to Month
Unit 1 Tenant Pays Electric
Unit 2 Rental Amount 1400.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Month to Month
Unit 2 Tenant Pays Electric
Unit 3 Rental Amount 1400.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Month to Month
Unit 3 Tenant Pays Electric
Unit 4 Rental Amount 1400.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Month to Month
Unit 4 Tenant Pays Electric
Unit 5 Rental Amount 1600.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Status Month to Month
Unit 5 Tenant Pays Electric
Unit 6 Rental Amount 975.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Status Month to Month
Unit 6 Tenant Pays Electric, Hot Water, Heat
Unit 7 Rental Amount 975.00
Unit 7 Rental Amt Freq Monthly
Unit 7 Status Leased
Unit 8 Rental Amount 1550.00
Unit 8 Rental Amt Freq Monthly
Unit 8 Status Month to Month
Unit 8 Tenant Pays Electric, Hot Water, Heat

Price History of 45 Birch Street, Derry, NH

Date Name Price Difference
06/18/2024 Listing Price $1,225,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 45 Birch Street, Derry, NH

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Listed by Keller Williams Realty-Metropolitan, Krissy LaPorte
Sold by RE/MAX Innovative Properties, Andrew White
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1%
6.75%
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Keller Williams Realty-Metropolitan

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/07/2024