$529,900
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7 Church Street Deerfield, NH 03037
Other
Residence
Beds
Baths
...
Bed/Bath
4,369
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 and 107. Originally a church and then a community center, the building now comprises 6 office units and 2 residential units. Five office units are locat...ed 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 is radiant heating, while the upper floors are a combination of FHA, Mini Split, and electric baseboard heating. 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 9.9% 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.
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MLS#
5016231
Property Type
Other
Year Built
1882
Square Feet
4,369
sq. ft
Price per Sq. Ft.
$121.29
Lot Size
0.63
Sewer
Private Sewer System
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