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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,658 sqft
Price per Sqft $154
MLS Listing ID 73195323
Sold Date 02/15/24
Bedrooms 8
Full Baths 8
Half Baths 2
Year Built 1920
Annual Tax Amount $12,631
Tax Year 2022
Lot Size 2,613 Sqft
Acres 0.06
Property Description
Great investment opportunity in the heart of downtown Nashua. Three story mixed-use building on a corner lot consisting of (4) 1 Bedroom apartments, (4) Studio apartments, (1) Subdividable street-level 2600+/-SF Retail space with a full lower level providing over 4600+/-USF. Multiple units recently updated with new flooring, cabinets & fixtures. All units are separately metered for gas and electric. Municipal water/sewer, trash and snow removal. Common area coin-op laundry generating consistent additional income. New GenFlex EPDM membrane roof 2 yrs. High demand and currently well-below market rents provide an excellent opportunity for easy revenue growth potential. Convenient location for walking & commuter tenants located directly across from the Elm St Parking Garage & Nashua Transit Center, and steps away from the new performing arts center and a diverse multitude of great Main St area shops, restaurants & pubs.
Location
State NH
County Hillsborough
Zoning D1MU
Direction Main St to W Pearl to Elm St
Rooms
Basement Full, Finished
Interior
Flooring Wood, Tile, Vinyl, Hardwood
Appliance Utility Connections for Gas Range, Utility Connections for Electric Range
Exterior
Exterior Feature Porch - Enclosed
Community Features Public Transportation, Shopping, Medical Facility
Utilities Available for Gas Range, for Electric Range
Waterfront false
Roof Type Rubber
Garage No
Building
Lot Description Corner Lot, Level
Story 4
Foundation Block, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Seller W/Participate, Contract
Listing Terms Seller W/Participate, Contract
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Bought with Brian Garvey • Keller Williams Gateway Realty
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