MLS Number 4823692
- Multifamily Multi-Family
- Units 44
- Bathroom 44
- Acreage 3.5
- Square Feet 18,480
"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
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Est. Mortgage: $/month
Federal 30-year interest rate: 2.8% last updated on 2020-10-22
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.