Bought with Molly Cottle • Century 21 North East
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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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