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  • Listed by: 

    Mike Rennie,

    Keller Williams Realty Metro-Concord 603-226-2220

    Bought with: Keller Williams Realty Metro-Concord
    $825,000

    58 North High Street, Derry, NH 03038

    8beds
    3,893sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $873,500 Zestimate®
    $212/sqft
    $1,982 Estimated rent

    Home value

    $873,500

    $804,000 - $943,000

    $1,982/mo

    Zestimate® history
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    What's special

    Discover this prime investment opportunity. Three-unit Multi-Family featuring four additional garage bays and a shed, all fully rented. Located minutes off I-93 at Exit 4 on a spacious 1.58-acre lot, this property is ideal for investors with a solid cap rate of 7.4%. Property Highlights: Three Diverse Rental Units: Unit 1: Spacious 4-bedroom unit with three fireplaces, adding warmth and character. Unit 2: Includes three bedrooms, generous living and dining areas, a large kitchen, and access to a substantial attic for storage or expansion. Unit 3: Cozy 1-bedroom with electric heat. The 2,288 sqft basement with 10-foot ceilings offers extensive storage, plus laundry hookups for two washers and two dryers. Commercial and Storage Spaces: Garage Bay 1: 10-foot commercial door, ideal for larger vehicles or storage. Garage Bays 2 & 3: Each with 10-foot commercial doors, rented together for commercial use or separately. Garage 4: Standard residential-sized garage. Storage Shed: Leased for additional income. All these spaces are rented month-to-month, providing flexible rental income. Ample Parking: The property easily accommodates at least 12 vehicles in the rear of the property, ensuring secure parking. Offer Deadline: Tuesday, June 18th at 10 AM.

    Zillow last checked: 7 hours ago

    Listing updated: July 25, 2024 at 07:00pm

    Listed by:

    Mike Rennie,

    Keller Williams Realty Metro-Concord 603-226-2220

    Bought with:

    Mike Rennie

    Keller Williams Realty Metro-Concord

    Source: PrimeMLS,MLS#: 5000082MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Oil, Electric, Hot Water
    Cooling
    • None
    Appliances
    • Included: Tank Water Heater
    Features
    • Basement: Bulkhead,Concrete,Full,Exterior Stairs,Interior Stairs,Unfinished,Interior Access,Exterior Entry,Interior Entry
    Interior area
    • Total structure area: 10,139
    • Total interior livable area: 3,893 sqft
    • Finished area above ground: 3,893
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Off Street, Parking Spaces 5 - 10
    • Garage spaces: 4
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Patio & porch: Porch
    Lot
    • Size: 1.58 Acres
    • Features: Level, Wooded
    Details
    • Additional structures: Outbuilding
    • Parcel number: DERYM31B4
    • Zoning description: MHR2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Exterior
    • Foundation: Brick
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & neighborhood

    Location
    • Region: Derry

    Price history

    DateEventPrice
    7/24/2024Sold$825,000+13.8%$212/sqft
    Source: PrimeMLS #5000082 Report a problem
    6/18/2024Contingent$725,000$186/sqft
    Source: PrimeMLS #5000082 Report a problem
    6/12/2024Listed for sale$725,000+134.7%$186/sqft
    Source: PrimeMLS #5000082 Report a problem
    7/12/2004Sold$308,900+105.9%$79/sqft
    Source: Public Record Report a problem
    5/29/1996Sold$150,000$39/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$11,545 +14.5%$617,700 +26.7%
    2023$10,086 +8.6%$487,700
    2022$9,286 -15.2%$487,700 +8.5%

    Find assessor info on the county website

    Neighborhood: 03038

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Grinnell Elementary School
    • Middle: Gilbert H. Hood Middle School
    • High: Pinkerton Academy
    • District: Derry School District SAU #10

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $873,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $873,500