Derry, NH 03038,45 Birch ST
Derry, NH 03038,45 Birch ST
Derry, NH 03038,45 Birch ST
18
Listed by Krissy LaPorte • Keller Williams Realty-Metropolitan
Bought with Andrew W White • RE/MAX Innovative Properties
$1,600,000
Est.Price: ?

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6,662 SqFt

45 Birch ST Derry, NH 03038

Est. payment /mo
SOLD DATE : 07/30/2024

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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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