Downtown Nashua Investment
Multi-Family
for Sale
| Catylist Listing ID: |
30817358 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
4 Units |
| Building Size (RSF): |
2,478 SF |
| Gross Land Area: |
0.09 SF
|
| Sale Price: |
$725,000 |
| Unit Price: |
$181,250 Per Unit |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/28/2023 |
Overview / Comments
Rare Opportunity to purchase in place income with upside potential. Investors should be able to capitalize on the strong rising rents that the current owner has been able to obtain and also look forward to expansion which is allowed by right. The zone allows for more units and there is already off street parking to accommodate. In today’s unique market this is a great chance for stable income with future upside to act as that sought after hedge against inflation. Rent roll and profit and lost available on request.
|
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
00068-000170 |
| Zoning: |
D1MU |
| Property Located Between: |
Main Street |
| Highway Access: |
Rt 3, 101A |
| Airports: |
Manchester |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Number of Stories: |
2 |
| Year Built: |
1900 |
| Roof Type: |
Other |
| Construction/Siding: |
Wood Frame |
| Parking Type: |
Surface |
| Total Parking Spaces: |
10 |
| Fuel: |
Gas |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
23,262 |
82,101 |
127,074 |
| Median Age: |
35.13 |
39.33 |
39.28 |
| Households: |
9,701 |
32,612 |
49,679 |
|
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