Exceptional investment opportunity. Classic townhouse/duplex style 2 family home located in downtown Derry. Large, spacious units consisting of kitchen, dining room, living room, 2 bedrooms, 1 1/2 baths. Some hardwood flooring, tile, and carpeting. 1 unit has brand new carpeting in bedrooms, updated appliances. Full, unfinished walk out basements, laundry hook-ups, plenty of off street parking. Large fenced in yard for gatherings, vinyl siding, and more. Very easy property to manage, low expenses. Former tenants paying $1,600 per month plus utilities, but could easily rent for $1,800+ per month. Same owner for 25+ years. Needs some cosmetic updates, but turnkey units ready to be rented. Perfect for investor to add to portfolio, or owner occupy and collect rent for added income. Close to highways, schools, shopping, and restaurants making the location very convenient.
Closed
Listed by: Coldwell Banker Realty Bedford NH • Kimberly Florence
Bought with: Keller Williams Realty-Metropolitan
$485,000
15 Fordway Street, Derry, NH 03038
4beds
2,460sqft
Multi Family
Built in 1900
-- sqft lot
$607,200 Zestimate®
$197/sqft
$2,909 Estimated rent
Home value
$607,200
$577,000 - $644,000
$2,909/mo
Zestimate® history
Owner options
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$3,220/mo
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Zillow last checked:
Listing updated:
Listed by:
Kimberly Florence,
Coldwell Banker Realty Bedford NH Cell:603-582-8513
Bought with:
Tom Bolduc
Keller Williams Realty-Metropolitan
Source: PrimeMLS,MLS#: 4998497
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Oil, Forced Air
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Ceramic Tile, Hardwood
- Basement: Concrete,Unfinished,Interior Entry
Interior area
- Total structure area: 3,840
- Total interior livable area: 2,460 sqft
- Finished area above ground: 2,460
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Patio
- Fencing: Partial
- Frontage length: Road frontage: 100
Lot
- Size: 9,148 Square Feet
- Features: Open Lot, Sloped, In Town, Near Golf Course, Neighborhood, Near Hospital
Details
- Parcel number: DERYM26B9
- Zoning description: residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Concrete
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Location
- Region: Derry
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $445,200
- Annual tax amount: $8,627
- Date on market: 6/3/2024
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2024 | Sold | $485,000+7.8%$197/sqft |
Source:  PrimeMLS #4998497 Report a problem | ||
| 6/3/2024 | Listed for sale | $449,900$183/sqft |
Source: PrimeMLS #4998497 Report a problem | ||
| 4/8/2014 | Listing removed | $1,150 |
Source: Coldwell Banker Residential Brokerage Report a problem | ||
| 3/12/2014 | Price change | $1,150-4.2% |
Source: Coldwell Banker Residential Brokerage - Derry / Londonderry #4327814 Report a problem | ||
| 12/4/2013 | Listed for rent | $1,200 |
Source: Coldwell Banker RB/Derry #4327814 Report a problem | ||
| 8/31/2012 | Listing removed | $1,200 |
Source: Coldwell Banker Residential Brokerage - Derry / Londonderry #4173288 Report a problem | ||
| 7/18/2012 | Listed for rent | $1,200 |
Source: Coldwell Banker Residential Brokerage - Derry / Londonderry #4173288 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,321 -3.6% | $445,200 +6.7% |
| 2023 | $8,628 +8.6% | $417,200 |
| 2022 | $7,943 +6.1% | $417,200 +35.6% |
| 2020 | $7,487 +14.5% | $307,600 +22.9% |
| 2019 | $6,538 +0.4% | $250,300 |
| 2018 | $6,515 +20.6% | $250,300 +33.7% |
| 2017 | $5,403 +6.7% | $187,200 |
| 2016 | $5,066 +4.7% | $187,200 +13.1% |
| 2015 | $4,838 -0.6% | $165,500 |
| 2014 | $4,869 -4.8% | $165,500 +1.8% |
| 2013 | $5,117 +4.3% | $162,500 +1% |
| 2012 | $4,904 -7% | $160,900 -16.8% |
| 2011 | $5,274 -4.2% | $193,400 |
| 2010 | $5,508 -1.7% | $193,400 -11.9% |
| 2008 | $5,601 -3% | $219,400 -16.3% |
| 2007 | $5,777 | $262,000 |
Find assessor info on the county website
Neighborhood: 03038
Nearby homes
- $607,0006 bd2 ba2.6k sqft18 Fordway St, Derry, NH 03038Off Market
- $487,0003 bd2 ba1.4k sqft11 Fordway St, Derry, NH 03038Off Market
- $--2 bd1 ba1.2k sqft17 Fordway St, Derry, NH 03038Off Market
- $610,0005 bd2 ba2.6k sqft16 Fordway St, Derry, NH 03038Sold
- $2,4002 bd1 ba1.1k sqft16 Fordway St #16, Derry, NH 03038For Rent
- $488,0003 bd3 ba1.6k sqft20 Fordway St, Derry, NH 03038Off Market
- $493,7003 bd4 ba1.3k sqft9 Union St, Derry, NH 03038Off Market
- $--1 bd1 ba598 sqft48 South Ave APT 4, Derry, NH 03038Off Market
Nearby schools
GreatSchools rating
- 3/10Grinnell SchoolGrades: K-4Distance: 0.9 mi
- 4/10Gilbert H. Hood Middle SchoolGrades: 7-8Distance: 1 mi
Schools provided by the listing agent
- District: Derry School District SAU #10
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$607,200
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Estimated market value
$607,200
- New Hampshire
- Rockingham County
- Derry
- 03038
- 15 Fordway Street
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