76-90 FRANKLIN Street, Derry, NH - 44Units - $5,900,000

76-90 FRANKLIN Street, Derry, NH

   Photo 1 of 40   
Price: $5,900,000 Status: Pending
Taxes: $89,369 Lot Size 3.5

Comments:

"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.

Property Features

Property Information

MLS # 
4823692 
Number of Units 
44 

Additional Features

Basement 
No 
Baths 
 
BedsTot 
 
Electric 
100 Amp, Circuit Breaker(s) 
Exterior 
Vinyl Siding 
Exterior Features 
Deck 
Finished Sq Ft 
18480 
Footprint 
28x60 
Foundation 
Concrete 
Garage 
No 
Heat/Fuel 
Electric, Gas - LP/Bottle, Oil 
House Color 
varies 
Road Frontage 
Yes 
Roads 
Public 
Roof 
Shingle - Asphalt 
Sewer 
Public 
Total Rooms 
 
Total Units 
44 

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