206 Hampstead Road, Derry, NH 03038
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
206 Hampstead Road,Derry, NH 03038
$655,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: bill kibbyCell: 603-828-5724
Office: re/max realty one603-294-2025
MLS#:5090574
Source:PrimeMLS
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Price summary
- Price:$655,000
About this home
Rare duplex investment opportunity in one of Derry’s most desirable neighborhoods. -- True income-producing duplexes in this quiet, established area seldom come to market, and this one is vacant and ready to rent from day one. With estimated rents of approximately $2,100 per unit per month plus utilities, this property offers strong cash flow potential with no HOA fees. Each separately metered 2-bedroom unit includes 1.5 bathrooms, creating a functional layout attractive to long-term tenants. Unit A, the larger of the two, features its own front entrance, private deck, and walk-out basement. Unit B offers the same sense of independence with a separate side entrance, private deck, and walk-out basement, giving each tenant the feel of a standalone home. Situated on a private 1.5-acre corner lot, this eastern side of Derry attracts exactly the type of tenants investors want: small families and established professionals who value peace, privacy, and the highly regarded Pinkerton Academy school district, and who tend to stay longer. Quick access to Route 111 and Route 125 provides an easy commute to Salem, Haverhill, and the Atkinson and Kingston corridors, expanding the potential tenant pool considerably. Recent capital improvements include new vinyl siding (2022), replacement windows (2013), PEX plumbing throughout (2024), both water heaters replaced, driveway paved and sealed, generator hook-up unit A, and electricity added to the workshop. The spacious paved driveway offers ample parking for both units, while two outbuildings, including a storage shed and electrified workshop, provide genuine tenant amenities that can support stronger rents and lower vacancy. In a market where quality multi-family inventory remains limited, and many investors are still searching for properties with both upside potential and manageable near-term maintenance, this may be the kind of opportunity worth taking a closer look at. *Next Open House changed to Sunday 5/31 at 10:00 am....
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Home facts
- Year built:1984
- Listing ID #:5090574
- Added:48 day(s) ago
- Updated:July 11, 2026 at 06:48 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Concrete, Interior, Unfinished, Walkout
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1984
- Levels:2 Story
Schools
- High school:Pinkerton Academy
- Middle school:Gilbert H. Hood Middle School
- Elementary school:East Derry Memorial Elem
Utilities
- Sewer:Septic
Finances and disclosures
- Price:$655,000
- Tax amount:$8,414 (2025)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
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