Price Reduced 3.39%

$569,500 ($130.35 per sqft)

Est. Mortgage $2,880/mo *

Quick Pre-Approval

Listing courtesy of Casey Purinton, BHHS Verani Londonderry Phone: 603-397-8246


Price History

$589,500
9/26/2024

$569,500
10/17/2024


7 Church Street, Deerfield, NH, 03037

7 Church Street, Deerfield, NH, 03037

2 beds

2 Full baths

1882

Multi-Family, Other

4,369 sqft

The Deerfield Business Center is a 4,369 +/- SF mixed-use office and residential building located in the heart of Deerfield, NH, just off Routes 43 and107. Originally a church and then a community center, the building now comprises 5 office units and 2 residential units. Four office units are located on the first floor, and one in the tower. The seller used one of the units as a personal office but has recently moved leaving one of the office units vacant. The second level has two renovated 1-bedroom apartments, complete with hardwood flooring, vaulted ceilings, and stone countertops. The building has five bathrooms (2 full and 3 quarter baths). The commercial tenants have shared common area space with restrooms and kitchenette. The first floor has radiant heat, while the upper floors are a combination of FHA, Mini Split, and electric baseboard. Gross rents currently total $57,780.00, with a net operating income (NOI) of $36,224.00. The pro forma gross income is estimated at $74,280 with the vacant unit leased. Valued on 9.3% CAP rate from proforma NOI. There is ample parking available in the paved lot, along with coin-operated laundry and the majority of the building is sprinklered.


Status:

Active

Type:

Multi-family

Units:

8

Zoning:

AR AGR/RES

Frontage:

190

Heating:

Electric, Forced Air, Radiant Floor, Mini Split

Cooling:

Mini Split

Basement:

Concrete Floor, Crawl Space, Unfinished

Parking:

Parking Spaces 11 - 20

Acreage:

0.63

Est. Taxes:

$9,980

Lot Description:

Country Setting

MLS #:

5016248


Community Info

School Info

Walk Score

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