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76-90 Franklin StreetDerry, NH 03038MLS Number 4823692

  • Price: $5,900,000The price has recently decreased
  • Est. Mortgage of $/month
  • 96 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 2.72% last updated on 2020-11-19

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Pending
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  • $5,900,000List Price
  • 44Bathrooms
  • 3.5Acreage
  • 18,480Square Feet
"BROOKVIEW MANOR COURT" A TURN-KEY 44 UNIT Residential rental complex comprised of 11 Separately deeded & taxed 4-PLEX BUILDINGS in Derry, NH located on 3.5 acres on Franklin Street, High Street and Ferland Drive. IMPECCABLY maintained by Owner/Broker who purchased from original developer 25 years ago. OUTSTANDING Floor plans include 20 Bi-Level units and 24 Garden style 2 Bedroom units w/private rear decks. Built between 1979 to 1980 this WONDERFUL COMPLEX borders a babbling brook , tree shaded rear yards, parking for approx 70 cars. All individually vinyl sided w/Brick facade & new vinyl windows. FULLY STABILIZED rental history with superb residents that are fully screened by our professional management staff. GROSS $622,680.00 w/$ 158,903 expenses (includes taxes) NET $463,777.00 Potential to increase net to $517,000.00 based on local market rents. FIRST TIME EVER OFFERED TO THE PUBLIC. All inquiries shall by Vetted by Owner-Broker of this RARE INVESTMENT OPPORTUNITY.
Listed by Pierre Peloquin of Pierre Peloquin Realty

Driving Directions

Your Local Office

Kathleen Chaloux - Bean Group | Bedford
264 S. River Road
Bedford NH, 03110

Office: 603.494.3953

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More Info

Basic Information

  • StatusPEN
  • Property TypeMulti-Family
  • List Price$5,900,000
  • MLS Number4823692
  • MLS StatusPending

Property

  • Acreage3.5
  • Parking Spaces
  • Lot41
  • Square Feet18,480
  • APX Fin AG Sqft18,480
  • Road Frontage1200
  • RoadsPublic
  • Lot DescriptionLandscaped, Level, Major Road Frontage

Amenities

  • Exterior AmenitiesDeck

Other

  • Taxes$89,369
  • Seasonal Y/NNo
  • TrashDumpster
  • Foot Print Dim28x60
  • Unit 1 Deposit$1,350
  • Unit 2 Rent Amount$1,350
  • Unit 3 Rent Amount$1,350
  • Unit 4 Rent amount$1,350
  • Unit 5 Rent amount$1,300
  • Unit 7 Rent amount$1,295
  • Unit 8 Rent amount$1,295
  • View Count29

Location

  • TownDerry
  • StateNH
  • Zip03038
  • CountyRockingham
  • Zoningres
  • Flood Zone Y/NYes

Interior

  • FloorsCarpet, Laminate, Vinyl

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Asphalt
  • Exterior Colorvaries

Utilities

  • Heat FuelElectric, Gas - LP/Bottle, Oil
  • Heat SystemBaseboard, Electric, Hot Water
  • WaterPublic
  • Water HeaterElectric, Free Standing, Oil, Owned, Separate, Tank
  • Electric100 Amp, Circuit Breaker(s)
  • SewerPublic

Building

  • Year Built1980
  • Building ConstructionWood Frame
  • StyleGarden
  • Units44
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Stylegarden
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Stylegarden
  • Unit 3 Total Rooms4
  • Unit 4 Bath1
  • Unit 4 Stylegarden
  • Unit 4 Total Rooms4
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms2
  • Unit 7 Baths1
  • # of 1 Bedrooms1
  • Unit 7 Bedrooms2
  • # of 2 Bedrooms43
  • Unit 8 Baths1
  • Unit 8 Bedrooms2
  • Bathroom44
  • Total Baths44
  • FoundationConcrete
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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 24, 2020.

 

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