Nashua, NH 03060,593 South Main ST
Nashua, NH 03060,593 South Main ST
Nashua, NH 03060,593 South Main ST
Listed by Nick Turmel • Tri-State Realty, LLC
Bought with Molly Cottle • Century 21 North East
$670,000
Est. payment /mo
Est.Price: ?

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8 Beds
2 Baths
3,460 SqFt
SOLD DATE : 05/31/2024

Key Details

Sold Price $670,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,460 sqft

Price per Sqft $193

MLS Listing ID 4992905

Bedrooms 8

Full Baths 2

Year Built 1880

Annual Tax Amount $7,848

Tax Year 2023

Lot Size 0.270 Acres

Property Description

RARE DESIRABLE LOCATION for this Huge 8 BR 3,460 sq ft 2-Unit Multifamily in a perfect South Nashua commuter location off Exit 2. Move-in-ready. Lots of Renovations in 2019 & 2024. 8+ parking spots on big 0.268 Acre Lot. Great Desirable Neighborhood by the Nashua Country Club Golf Course & Rivier University! Both units have 4 Huge Bedrooms (on Town Assessor Card), with Separate Utilities & W/D Hook-ups inside each apartment! Rental Market Value is $2,600-$2,800+ monthly per Apt, for $5,200-$5,600+ monthly total rental income. Apt.# 1 is entire 1st floor (1,800 sq ft). Apt.# 2 Town House is entire 2nd & 3rd Floors (1,660 sq ft). Mostly Hardwood Floors. Carpet only on 3rd floor. Modern Kitchens & Bathrooms. 8.3%+ CAP RATE! (Based on $2,700 avg comp projection per Apt) This is the perfect investment rental income property that will Gross at least $64,800+ with $53,952+/- Net Profit Income after Taxes, Property Insurance, Water & Sewer. Or Owner Occupy an Apt & have rental income towards mortgage. Newer Natural Gas Furnaces & Hot Water Tanks over recent decade. Previous MLS History says Roof was new in 2004. Best Multi location & value compared to Nashua competition. Conventional, FHA, or VA Loans will all easily qualify. Vacant 2nd/3rd Floor Townhouse has Re-finished Hardwood Floors, Fresh Paint, New Carpet on 3rd Floor. Long-term Month-to-Month Tenants on 1st Floor.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning RA

Rooms

Basement Entrance Interior

Interior

Heating Gas - Natural

Cooling None

Flooring Carpet, Ceramic Tile, Hardwood, Vinyl, Vinyl Plank

Exterior

Garage Description Parking Spaces 11 - 20, Paved

Utilities Available Cable - At Site

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Brick, Concrete, Granite, Stone, Block w/ Skim Coating

Sewer Public

Schools

Elementary Schools Sunset Heights School

Middle Schools Elm Street Middle School

High Schools Nashua High School South

School District Nashua School District

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Alan Larrabee

+1(603) 400-6379

Broker | NHNH 071830, MA 83401

Broker NHNH 071830, MA 83401

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