Potential 13%+ CR
Multi-Family
for Sale
| Catylist Listing ID: |
30852621 |
| Property Subtypes: |
Duplex/Fourplex, Student Housing, Other
|
| Number of Units: |
2 Units |
| Building Size (RSF): |
2,800 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.22 Acres
|
| Sale Price: |
$600,000 |
| Unit Price: |
$300,000 Per Unit |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
88 Manchester, Nashua NH |
| Sale Terms: |
Other |
| Cap Rate: |
13.34% |
| Vacation Rental Income: |
Yes |
| Last Updated: |
9/15/2023 |
Overview / Comments
|
Step into this immaculate and freshly updated home, boasting ~2800 finished square feet, and featuring an attached in-law suite, perfectly located in the north-end neighborhood of Nashua. Investors take notice, a perfect student housing property with a potential cap rate over 10%! This property is conveniently located in between Rivier University and Nashua Community College. As you walk in, you're immediately taken in by the beauty of the hardwood floors gracing the space, accentuated by charming trim molding. The living room features built in cabinets and an extraordinary granite fireplace. The kitchen is an absolute delight, boasting granite countertops, stainless steel appliances, and a convenient bump-out bay window that opens up to your backyard. Indulge in the pleasure of updated bathrooms adorned with stylish tile backsplash, brand new vanity, and flooring. Enter the connected in-law unit which is sure to leave you speechless, with its inviting open concept layout and grand cathedral ceilings. Upon entry, the updated kitchen with chic ceramic tile flooring will capture your admiration. Experience the inviting natural light through skylights, complemented by the enduring allure of the lovely wood trim throughout. That's not all – revel in the convenience of a 2-car garage and the freedom of a spacious, fenced -in backyard. Enjoy being across from Greeley Park, a 125+ acre conservation. The location can not be any more convenient being close to Boston MA and Seacoast NH
|
Financials
| Finance Data Year |
2023 |
| Real Estate Taxes - Annual($) |
$8,008 (Annual) |
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
00059-000158 |
| Zoning: |
RA |
| Restaurant(s) |
| Property Located Between: |
Boston MA & Seacoast NH |
| Total Number of Buildings: |
1 |
| Property Condition: |
Excellent |
| Number of Stories: |
2 |
| Year Built: |
1959 |
| Year Renovated: |
2023 |
| Construction/Siding: |
Vinyl Siding |
| Parking Type: |
Surface |
| Parking Description: |
2 Car Attached Garage |
| Laundry: |
In Each Unit |
| Heat Type: |
Natural Gas, Other |
| Heat Source: |
Central |
| Fuel: |
Gas |
| Air Conditioning: |
Other |
| Internet Access: |
Cable, Other |
| Interior Description: |
updated, hardwood floors |
| Zoning Description: |
RA, single family, and duplex |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,227 |
73,937 |
129,338 |
| Median Age: |
38.59 |
38.79 |
39.43 |
| Households: |
5,696 |
29,871 |
50,247 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
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