This multifamily property, boasting 100% occupancy and a 7.5% cap rate, is strategically positioned just 3 miles from Route 93 in Derry, NH. Within walking distance to local amenities and effortless access to major routes, including just 25 miles east to the NH Seacoast and 40 miles south to bustling Boston, MA, 7 Birch presents an exceptional investment opportunity in a prime location. Positioned within the Central Business District, this property presents a unique blend of residential and commercial opportunities, making it an attractive investment option with versatile potential.
Closed
Listed by:
Krissy LaPorte,
Keller Williams Realty-Metropolitan 603-232-8282
Bought with: RE/MAX Innovative Properties
$920,000
7 Birch Street, Derry, NH 03038
7beds
4,266sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$216/sqft
$2,763 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,763/mo
Zestimate® history
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$5,944/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: June 06, 2024 at 01:51pm
Listed by:
Krissy LaPorte,
Keller Williams Realty-Metropolitan 603-232-8282
Bought with:
Andrew W White
RE/MAX Innovative Properties
Source: PrimeMLS,MLS#: 4996504
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas, Gas Heater, Hot Air
Cooling
- None
Features
- Basement: Partial,Walk-Up Access
Interior area
- Total structure area: 5,490
- Total interior livable area: 4,266 sqft
- Finished area above ground: 3,042
- Finished area below ground: 1,224
Property
Parking
- Parking features: Concrete, Off Street, On Street, Parking Spaces 1 - 10
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 0.25 Acres
- Features: Landscaped, Trail/Near Trail, In Town, Near Shopping
Details
- Parcel number: DERYM30B157
- Zoning description: CBD-TBO
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Fieldstone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Gas On-Site
Community & neighborhood
Location
- Region: Derry
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2024 | Sold | $920,000+8.2%$216/sqft |
Source:  PrimeMLS #4996504 Report a problem | ||
| 5/28/2024 | Contingent | $850,000$199/sqft |
Source: PrimeMLS #4996504 Report a problem | ||
| 5/20/2024 | Listed for sale | $850,000+307.7%$199/sqft |
Source: PrimeMLS #4996504 Report a problem | ||
| 1/8/2001 | Sold | $208,500+64.2%$49/sqft |
Source: Public Record Report a problem | ||
| 8/5/1998 | Sold | $127,000+23.8%$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,819 +2.8% | $739,400 +13.7% |
| 2023 | $13,444 +8.6% | $650,100 |
| 2022 | $12,378 +3.3% | $650,100 +32.1% |
Find assessor info on the county website
Neighborhood: 03038
Nearby schools
GreatSchools rating
- 3/10Grinnell SchoolGrades: K-5Distance: 0.4 mi
- 4/10Gilbert H. Hood Middle SchoolGrades: 6-8Distance: 0.6 mi
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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- New Hampshire
- Rockingham County
- Derry
- 03038
- 7 Birch Street