Duplex with Separate
106 West Broadway, Derry, NH 03038
For Sale
$524,900
Multi-Family, Derry, NH
Property Size1,962 SF
Lot Size0.37 Acres
Price / SF$267.53
Days on Market95
Property Features for 106 West Broadway
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Exterior features
Appliances
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
Homes of New Hampshire Realty LLC
Listed By:
Altona Kercher · License #077407
(603) 437-4447
Added: Aug 7
Changed: Nov 7
Last Checked: Nov 9 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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,962-square-foot duplex, built in 1900, has a flexible first-floor layout with multiple rooms, an updated kitchen and bathroom, and its own entrance. A separate apartment occupies the second level, with a private entrance, full kitchen, and full bathroom. The property also includes a basement, porch, and shed, with vinyl siding and a shingle roof. Heating is provided by oil and ductless systems; cable is available and the water source is public.
The 0.37-acre property is on West Broadway in Derry and has a private backyard and ample parking. Recent work includes a roof replacement in 2019, windows in 2017, a first-floor kitchen renovation in 2021, mini-splits in 2016, and an oil tank in 2023. The property is zoned OBD and is being sold as is.
The 0.37-acre property is on West Broadway in Derry and has a private backyard and ample parking. Recent work includes a roof replacement in 2019, windows in 2017, a first-floor kitchen renovation in 2021, mini-splits in 2016, and an oil tank in 2023. The property is zoned OBD and is being sold as is.
Key Highlights
- Separate second‑floor apartment with private entrance, full kitchen, and full bathroom
- 1,962 square feet on a 0.37‑acre lot
- First‑floor kitchen renovation in 2021; roof updated in 2019 and windows in 2017
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,052
Cap Rate
6.30%
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 6.30%
Second Best
Apartment 5plus
$425.3K
$372.2K – $496.2K
NOI $29,773 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$653.2K
$571.6K – $762.1K
NOI $45,724 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
Explore this area
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
$381,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Rockingham County, NH
Properties on Market for Duplexes in Rockingham County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A 0.37-acre lot, private backyard, and ample parking accompany a two-level layout with separate entrances.
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 $524,900.
What are key features of this property?
This property features: Separate second‑floor apartment with private entrance, full kitchen, and full bathroom; 1,962 square feet on a 0.37‑acre lot; First‑floor kitchen renovation in 2021; roof updated in 2019 and windows in 2017
