41 Chestnut St, Nashua, NH
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30871982 |
| Property Subtypes: |
Duplex/Fourplex
|
| Status: |
Pending/Contingent |
| Number of Units: |
2 Units |
| Building Size (RSF): |
3,462 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.09 Acres
|
| Sale Price: |
$489,000 |
| Unit Price: |
$244,500 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.75% |
| Last Updated: |
7/24/2024 |
Overview / Comments
|
This renovated duplex presents an exceptional opportunity for both investors and owner-occupants alike. Designed in a convenient townhome style, these adjacent apartments, ensuring privacy and autonomy for each resident. Each unit offers three bedrooms, one bath, individual meters for heat and electricity and the convenience of an in-unit laundry room. Unit 41B stands ready for immediate occupancy with its fresh flooring, kitchen cabinets, countertops, recently upgraded windows and new appliances. Unit 41A, currently occupied with lease in place, has also undergone a comprehensive renovation this year, ensuring a comfortable and stylish living space. Exterior improvements, including new siding and front stairs, enhance the property's curb appeal and longevity. Key updates include the installation of Forced Hot Air Heating system in 2023 and 2 new water heaters.
|
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
00083-000088 |
| Zoning: |
RC |
| Percent Occupied: |
50% |
| Site Description: |
Conveniently situated with easy access to downtown Nashua and it's array of amenities, this fully remodeled two-family home has great investment potential. |
| Area Description: |
The Nashua area offers a vibrant and diverse community with nearby attractions including Mine Falls Park, the SEE Science Center, and the historic downtown district. Residents enjoy access to dining, entertainment, and outdoor recreation, creating a compelling draw for potential tenants. With schools, shopping centers, and major transportation routes in close proximity, the location provides convenience and accessibility for residents. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1900 |
| Year Renovated: |
2023 |
| Construction/Siding: |
Wood Frame |
| Parking Type: |
Surface |
| Parking Description: |
41-B has one parking spot, 41-A - street parking |
| Total Parking Spaces: |
1 |
| Laundry: |
In Each Unit |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Fuel: |
Gas |
| Lot Frontage: |
48 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
24,877 |
87,391 |
127,074 |
| Median Age: |
34.56 |
39.24 |
39.28 |
| Households: |
10,245 |
34,711 |
49,679 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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