Bought with Andrew W White • RE/MAX Innovative Properties
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45 Birch ST Derry, NH 03038
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Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,662 sqft
Price per Sqft $183
MLS Listing ID 5001086
Sold Date 07/30/24
Construction Status Existing
Year Built 1972
Annual Tax Amount $14,360
Tax Year 2023
Lot Size 0.300 Acres
Acres 0.3
Property Description
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.
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning OMB
Rooms
Basement Entrance Walkout
Basement Finished
Interior
Heating Gas - Natural
Cooling None
Exterior
Utilities Available Cable
Roof Type Shingle - Asphalt
Building
Story 2
Foundation Concrete
Sewer Public
Construction Status Existing
Schools
Elementary Schools Grinnell Elementary School
Middle Schools Gilbert H. Hood Middle School
High Schools Pinkerton Academy
School District Derry School District Sau #10
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