24 South Ave - Multi-Family FOR SALE


Derry, NH 03038
$899,000 USD
603-932-3011
24 South Ave, Derry, NH for Sale
$899,000 USD
Multi-Family - FOR SALE
1/37
null | Request Cap Rate

24 South Ave
Derry, NH 03038


OVERVIEW

Fantastic owner-occupant or investment opportunity in a highly convenient Derry location! This well-maintained 4-unit multifamily property features a strong rental history and a desirable unit mix: (1) 1-bed/1-bath, (2) 2-bed/1-bath, and (1) 3-bed/1-bath. The spacious 3-bedroom is currently vacant and fully renovated, offering move-in ready appeal with fresh paint & flooring, a bright kitchen with new stainless-steel appliances, granite-style countertops, and an updated bath. The unit also features a charming enclosed porch and keyless entry. Tenants pay electric and hot water. The property offers off-street parking, washer/dryer hookups. Major system updates include a new boiler in 2023 and a roof replaced just two years ago. Located on a corner lot in a quiet residential neighborhood, yet close to everything—just 1 mile to Route 93, ¼ mile to Route 102, and about 1¼ miles to Route 28—this property offers excellent commuter access while being moments from local shops, restaurants, parks, and schools. Whether you're looking to live in one unit and offset your mortgage or expand your real estate portfolio, 24 South Avenue is a smart investment in growing Derry. Showings begin on Friday 11/14. Call the office to set up a time. Owner is a licensed New Hampshire real estate salesperson.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

4

PRICE/UNIT

$224,750

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fantastic owner-occupant or investment, Derry

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

MHDR

APN/PARCEL ID

26210

ASK ABOUT THIS PROPERTY

Matt LefebvreDowntown RealtyMore Info
603-932-3011

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Matt LefebvreDowntown RealtyMore Info
603-932-3011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.