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23 Elm Street

Nashua, NH 03060
$1,650,000
8 Beds
8/2 Baths
10,658 Living Area
  • 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.
  • Highlights
    • Property Class: Residential Income
    • Total Rooms: 16
    • Status: Closed
    • Property Type: 5-9 Family
    • Year Built: 1920
  • 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
  • Amenities
    • Community Features: Public Transportation, Shopping, Medical Facility
  • Utilities
    • Electric: Circuit Breakers, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • 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

Location

23 Elm Street, Nashua, NH 03060

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