10 Birch StreetDerry, NH 03038Price: $460,000

Great investment opportunity in Derry's Central Business District! This two-family property at 10 Birch Street is situated on a 0.10 acre lot in downtown Derry and very close to a variety of restaurants, shopping, the library, Parkland Medical Center, and major commuter routes. The front unit includes 3 bedrooms, 1 bathroom, and a bonus room in a town-house style setup. While Unit 2 features a large open layout with a loft-style bedroom and one bathroom. The lot includes a small yard and parking for at least 4 vehicles. The property has long-term tenants in place with one unit continuously occupied for almost 20 years by the same family. Several major capital improvements have been addressed the replacement of both heating systems with two forced-air furnaces now in place that are less than 3 years old, water heaters for both units replaced within the last 3 years, and vinyl siding and windows installed less than 5 years ago. With only cosmetic renovations needed to maximize the value of this property, it offers a strong potential for an investor or future owner-occupant, to capitalize on the burgeoning market in Derry.