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7 Birch Street, Derry, NH 03038
$920,000
7 Birch Street, Derry, NH 03038View this property at 7 Birch Street, Derry, NH 03038
7 Birch StreetDerryNH03038
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Property Description
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.
Full Property Details
Full Property Details for 7 Birch St
General
- Sold For: $920,000
- Taxes: $13,440 (2024)
- Status: Closed
- Type: Multi-Family
- MLS ID: 4996504
- Added to Site: 27 day(s) ago
Rental Information
- Lease Terms: Unit1=Month to Month, Unit2=Annual, Unit3=Month to Month, Unit4=Annual, Unit5=Month to Month, Unit6=Annual,
Exterior
- Color: Tan
Parking
- Parking: Off Street, On Street, Parking Spaces 1 - 10
Location
- County: Rockingham
- Neighborhood: Business District, Commercial Zoning, In Town, Near Shopping
- Condo Project Name: Monthly
- Driving Directions: From I-93, take Exit 4 for NH-102 E. Continue on NH-102 E for 6 miles, then turn left onto Birch St. From Route 101, take Exit 4 for NH-102 W. Continue for 3 miles, then turn right onto Birch St.
School Information
- School District: Derry School District SAU #10
- Elementary School: Grinnell Elementary School
- Middle School: Gilbert H. Hood Middle School
- High School: Pinkerton Academy
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas Heater, Hot Air
- Heating Fuel: Gas - Natural
- Furnaces: 6
Utilities
- Sewer: Public
- Trash: Municipal
- Separate Meters: Yes
- # Electric Meters: 7
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Walk-up
- Basement Desc.: Partial
- Roof: Shingle - Asphalt
- Stories/Levels: 2
- Finished Total: 4,266 Sq. Ft.
- Finished Above Grnd: 3,042 Sq. Ft.
- Finished Below Grnd: 1,224 Sq. Ft.
- Year Built: 1920
Unit Information
- 1 Bedroom Units: 5
- 2 Bedroom Units: 1
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Unit 1
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: studio
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Unit Description: studio
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Unit Description: studio
- Bedrooms: 1
Unit 6
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Frontage: TBD
- Street/Road Desc.: Public
- Driveway/Sidewalk: Concrete
- Zoning: CBD-TBO
Financial Considerations
- Price Per Sq. Ft.: $279.42
- Tax Amount: $13,440
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Documents Avail.: Deed, Lease Agreements, Tax Map
- Block: 157
Listed by Keller Williams Realty-Metropolitan, Krissy LaPorte
Sold by RE/MAX Innovative Properties, Andrew W. White
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Schools
Schools serving 7 Birch St
School Districts:Derry School District, Pinkerton School District
Rating | Name | Grades | Distance |
---|---|---|---|
6 Grinnell Rd, Derry, NH 03038 | K-5 | 0.4 mi | |
5 Hood Rd, Derry, NH 03038 | 6-8 | 0.6 mi | |
5 Pinkerton St, Derry, NH 03038 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 Birch St
Date
Details
Price
Change
Source
6/06/2024
Sold
$920,000
8.24%
MLS
5/20/2024
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7 Birch Street, Derry, NH 03038 (MLS# 4996504) is a Multi-Family property that was sold at $920,000 on June 06, 2024. Want to learn more about 7 Birch Street? 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.