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$480,000
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Property Description
Looking for a multi-family property that offers an incredible location, immediate income-generating potential, and zoning for commercial use? Look no further than this 7-bedroom, 4-family property in Downtown Derry with Commercial Business District (CBD) zoning. Located in the heart of Derry and just minutes from transportation, shopping, and dining, this property is an investment opportunity for both seasoned investors and owner-occupants alike. The building is made up of four units, including a vacant owner's apartment on the entire first floor that has the potential to be split into two separate units, but will need some rehab. Three units are currently leased with very long-term tenants, ensuring immediate stream of income. Additionally, this property boasts two paved driveways for off-street parking and a 3-car detached garage with high ceilings and electricity. The property has a new 6 month old roof and on-site coin laundry, and is serviced by public water and public sewer. The first floor is heated by oil, while the second floor is heated by gas. With three tenants currently paying their own electric and hot water, this property is a fantastic opportunity, sold AS IS, & a quick close is possible. Showings of the first-floor owner's unit and basement are available immediately, please do not disturb the 3 other units and tenants. All offers due Monday April 3rd by 12pm. Occupied unit showings will be scheduled Tuesday for buyers who submit offer by deadline.
Full Property Details
Full Property Details for 6 Marlboro Rd
General
- Sold For: $480,000
- Taxes: $9,790 (2022)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 4947230
- Added to Site: 1, 092 day(s) ago
Rental Information
- Lease Terms: Unit2=Month to Month, Unit3=Month to Month, Unit4=Month to Month,
Rooms
Bathrooms
- Total Bathrooms: 4
- 3/4 Bathrooms: 4
Exterior
- Color: Tan
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking: Driveway, Off Street, Paved
- Garage Description: Storage Above
Location
- County: Rockingham
- Neighborhood: Business District, In Town, Near Shopping, Neighborhood, Other
- Driving Directions: Use gps.
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Forced Air
- Heating Fuel: Gas - LP/Bottle, Oil
- Water Heater: Electric
- Water Heaters: 4
Utilities
- Sewer: Public
- Water: Public
- Separate Meters: Yes
Structural Information
- Architectural Style: Multi-Family
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Aluminum, Vinyl
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Unfinished
- Roof: Shingle - Asphalt
- Stories/Levels: 3
- Finished Total: 4,162 Sq. Ft.
- Finished Above Grnd: 4,162 Sq. Ft.
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 3
Unit 1
- Level: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Unit Description: townhome style 2 stories
- Level: 2F
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Level: 2R
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Level: 3R
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Frontage: TBD
- Street/Road Desc.: Public
- Driveway/Sidewalk: Paved
- Zoning: CBD
- Lot Description: City Lot
Financial Considerations
- Price Per Sq. Ft.: $92.5
- Tax Amount: $9,790.37
- Tax Year: 2022
Listed by Compass New England, LLC, Stephanie Saunders
Sold by Compass New England, LLC, Stephanie. Saunders
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Schools
Schools serving 6 Marlboro Rd
School District:Derry Cooperative School District
| Name | Grades | Distance |
|---|---|---|
Grinnell School 6 Grinnell Road, Derry, NH 03038 | K-5 | 0.3 mi |
Gilbert H. Hood Middle School 5 Hood Road, Derry, NH 03038 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6 Marlboro Rd
Date
Details
Price
Change
Source
4/19/2023
Sold
$480,000
24.68%
MLS
3/31/2023
Listed
$385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6 Marlboro Road, Derry, NH 03038 (MLS# 4947230) is a Multi-Family property that was sold at $480,000 on April 19, 2023. Want to learn more about 6 Marlboro Road? Do you have questions about finding other Multi-Family real estate for sale in Derry? You can browse all Derry real estate or contact a Coldwell Banker agent to request more information.

