Duplex with Separate
For Sale
$549,900
106 West Broadway, Derry, NH 03038
Multi-Family, Derry, NH
Property Size1,962 SF
Lot Size0.37 Acres
Price / SF$280.28
Days on Market87
Property Features for 106 West Broadway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
OBD
Bedrooms
2
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Basement, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 2
Patio and Porch features
Porch
Exterior features
Porch, Shed
Appliances
Water Heater off Boiler
Lot features
Level, Sidewalks
Elementary school
Grinnell Elementary School
Middle school
Gilbert H. Hood Middle School
High school
Pinkerton Academy
Elementary school district
Derry School District SAU #10
Middle school district
Derry School District SAU #10
High school district
Derry School District SAU #10
Directions
Follow GPS
Standard status
Active
Size
1,962 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7775
Utilities
Utilities
Cable Available
Heating system
Oil, Ductless (Heating)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Tile, Carpet, Vinyl
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Homes of New Hampshire Realty LLC
Listed By:
Altona Kercher
(603) 437-4447
Added: Aug 7
Changed: Oct 23
Last Checked: Nov 1 at 5:06AM
MLS# 5103886
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,962-square-foot duplex on a 0.37-acre lot has distinct living areas across two levels. The first floor includes multiple rooms, an updated kitchen and bathroom, and a private entrance. A separate second-floor apartment has its own entrance, full kitchen, and full bathroom. The property is zoned OBD and includes a porch, shed, and private backyard.
Located at 106 West Broadway in Derry, the property has public water and cable availability. Updates include windows installed in 2017, a roof replaced in 2019, a first-floor kitchen renovation in 2021, mini-splits installed in 2016, and an oil tank installed in 2023. The building dates to 1900.
Located at 106 West Broadway in Derry, the property has public water and cable availability. Updates include windows installed in 2017, a roof replaced in 2019, a first-floor kitchen renovation in 2021, mini-splits installed in 2016, and an oil tank installed in 2023. The building dates to 1900.
Key Highlights
- 1,962 square feet on a 0.37‑acre lot
- Separate upper‑level apartment with private entrance, full kitchen, and full bathroom
- First floor has multiple rooms, a private entrance, and an updated kitchen and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,052
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,040
$661.0K
Cap Rate 7%
$472,171
$472.2K
Cap Rate 9%
$367,244
$367.2K
Market Conditions
NOI Build-Up for 1,962 SF
Gross rent
$49.4K $25.20/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$47.2K $24.07/SF
− OpEx
−$14.2K −$7.22/SF
NOI
$33.1K $16.85/SF
Area
Rockingham County, NH
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,040
Cap Rate 7%
$472,171
Cap Rate 9%
$367,244
Alternative Uses
Best Use
Multifamily LT 5
$472.2K
$413.2K – $550.9K
NOI $33,052 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$425.3K
$372.2K – $496.2K
NOI $29,773 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$653.2K
$571.6K – $762.1K
NOI $45,724 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
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Business Placement
Demographics for 03038, NH
34,482
Population
14,207
Households
2.4
Avg Household Size
40
Median Age
35%
College-Educated
93%
High-School Grad
35.8 sq mi
ZIP Area
963
Density / Sq Mi
$104,306
Median Household Income
$53,516
Median Earnings
$1,473
Median Rent
$381,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The upper-level apartment has its own entrance, full kitchen, and full bathroom.
Where is this duplex located?
The property is located at 106 West Broadway Derry, NH.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 1,962 square feet on a 0.37‑acre lot; Separate upper‑level apartment with private entrance, full kitchen, and full bathroom; First floor has multiple rooms, a private entrance, and an updated kitchen and bathroom
