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

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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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