$1,650,000
8
Beds
8/2
Baths
10,658
Living Area
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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.
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Highlights
- Property Class: Residential Income
- Total Rooms: 16
- Status: Closed
- Property Type: 5-9 Family
- Year Built: 1920
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Additional Details
- Appliances: Utility Connections for Gas Range, Utility Connections for Electric Range
- Construction: Brick
- Flooring: Wood, Tile, Vinyl, Hardwood
- Lot Features: Corner Lot, Level
- Roof: Rubber
- Year Built Details: Actual, Renovated Since
- Zoning: D1mu
- Basement: Full, Finished
- Exterior Features: Porch - Enclosed
- Foundation: Block, Brick/Mortar
- Road Frontage Type: Public
- Total Number of Units: 9
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $699,000
- Compensation Based On: Net Sale Price
- Tax Year: 2022
- Total Rent: $12,536
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Taxes: $12,631
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Listing information provided courtesy of Keller Williams Gateway Realty.
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