45 Derry Road Hudson

Multi-Family for Sale
Catylist Listing ID: 30414277
Property Subtypes: Mixed Use
Number of Units: 5 Units
Building Size (RSF): 2,000 SF
Gross Land Area: 0.68 Acres
Sale Price: $625,000
Unit Price: $125,000 Per Unit
Property Use Type: Investment
Usable Size (USF): 2,000 SF
Sale Terms: Undisclosed
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 4/4/2021

Overview / Comments

Owner Finance $175,000 down 20 years at 6%. Property consist of 5 Units mixed use one 2 bedroom apartment, one 1 bedroom apartment ( both 2nd Floor) a shared office and nail salon, a barber shop, and a message studio ( 1st floor), main road rt 102 ( Derry Rd ) cut ins, lots of parking. Owner/Broker interest. Disclosures and income & expenses sheet attached. Drive by property ok. Do not disturb or approach the tenants.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 1740320
Zoning: TR
Percent Occupied: 100%
Property Located Between: on rt 102 Derry Rd near Nashua Bridge
Highway Access: rt 3 or hwy 93
Airports: manchester - boston
Site Description: level entrance from for businesses and level back to apartments, big back yard and lots of parking front and back
Area Description: busy retail and residential area
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1960
Year Renovated: 2000
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Exterior Description: nice brick and vinyl siding with back porch
Parking Ratio: 1 (per 1000 SF)
Parking Type: Surface
Parking Description: front big paved lot, back paved parking
Total Parking Spaces: 15
Laundry: In Each Unit
Sprinklers: None
Heat Type: Natural Gas, Hot Water
Heat Source: Baseboard, Radiant
Fuel: Gas
Air Conditioning: Window Unit
Internet Access: Cable
Interior Description: nicely finished and painted interiors
Zoning Description: TR Zone
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,136 70,097 125,515
Median Age: 37.8 38.26 39.39
Households: 5,047 26,840 49,025


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