NOT LISTED FOR SALE

15 Railroad Square Nashua, NH 03064

North End Nashua Neighborhood
-- Bed
-- Bath
19,194 Sq Ft
9,583 Sq Ft Lot

Last Sold September 16, 2016

Last sale price $1,350,000 $70 Per Sq Ft

115 Days on Market

Highlights

  • Softwood Flooring
  • Hot Water Heating System
  • Garden Home
  • Home Security System
  • Level Lot

About This Home

As of September 2016

Brick Bldg:13 unit, deleaded, 1 blk to Main St. newer roof,windows,heating,plumbing wiring. Includes extra parking lot for parking as now, or for a new 6-story building, allowed in this district & zoning, as per city hall. Two Long-term commercial tenants; 11 apts, extra buildable/parking lot.Income: $195,372. less Exp: $41,640.=$153,732. NOI;Less P&I based on $1,010,000. of $$76,719=$77.013. CASH PER YR IN HAND, (which could vary w/ individual buyer's circumstances)11% Cap Rate; 22% cash return on cash, as shown on this example

Last Listed By

Joan Blais

BHHS Verani Londonderry License #005229 Listed on: 03/17/2016

BHHS Verani Londonderry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,000

Year Built

  • Built in 1959

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Garden Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Tar and Gravel Roof
  • Membrane Roofing

Interior Spaces

  • 19,194 Sq Ft Home
  • 3-Story Property

Flooring

  • Softwood
  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 510 Car Parking Spaces
  • Leased Parking
  • Paved Parking
  • On-Site Parking

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Rent includes hot water, plowing, sewer, snow removal, trash, water

Community Details

Overview

  • Association fees include heat
  • 13 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $194,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,000

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Garden, Walkout Lower Level
  • Directions: exit 7E off Everett Tpke toward downtown; Amherst St to Main St, 1 blk, left at Canal St; bldg. on left(Zee's Quick Stop Grocery store and Auto Parts store in this bldg.)
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 70.33
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 19194
  • Unit Info: Heat - Gas, Hot Water, Range - Electric, Refrigerator
  • Property Type: Multi-Family
  • Year Built: 1959
  • Remarks Public: Brick Bldg:13 unit, deleaded, 1 blk to Main St. newer roof,windows,heating,plumbing wiring. Includes extra parking lot for parking as now, or for a new 6-story building, allowed in this district & zoning, as per city hall. Two Long-term commercial tenants; 11 apts, extra buildable/parking lot.Income: $195,372. less Exp: $41,640.=$153,732. NOI;Less P&I based on $1,010,000. of $$76,719=$77.013. CASH PER YR IN HAND, (which could vary w/ individual buyer's circumstances)11% Cap Rate; 22% cash return on cash, as shown on this example
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Equipment: Security System, Smoke Detectr-HrdWrdw/Bat
  • Flooring: Carpet, Hardwood, Softwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full, No Tenant Access, Unfinished
  • Sq Ft - Apx Finished AG: 19194

Exterior Features

  • Construction: Masonry
  • Driveway: Paved
  • Exterior: Brick
  • Foundation: Brick, Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Flat, Membrane, Tar and Gravel

Garage/Parking

  • Parking: Leased, On-Site, Parking Spaces 5 - 10, Paved
  • Garage Description: Leased

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Hot Water, Radiator
  • Separate Utilities: Varies
  • Total Electric Meters: 14
  • Total Gas Meters: 2
  • Total Heat Units: 3
  • Total Ranges: 11
  • Total Refrigerators: 11
  • Total Water Heaters: 1
  • Trash: Dumpster, Private

Condo/Co-op/Association

  • Fee Includes: Heat

Schools

  • School District: Nashua School District

Lot Info

  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: D1MU
  • Deed Book: 8189/
  • Deed Page: 0052
  • Deed Recorded Type: Warranty

Rental Info

  • Rent Includes: Hot Water, Plowing, Sewer, Snow Removal, Trash, Water

Multi Family

  • Gross Income: 194172
  • Total Units: 13
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 7
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 16000
  • Tax Year: 2015

MLS Schools

  • School District: Nashua School District

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $1,350,000 0.0% $70 / Sq Ft
07/10/2016 07/10/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $1,350,000 -- $70 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joan Blais

    Seller's Agent in 2016

    Joan Blais

    BHHS Verani Londonderry

    (603) 540-5104

    3 in this area

    123 Total Sales

    Joan Blais
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Map

Source: PrimeMLS

MLS Number: 4476926

PrimeMLS

New Hampshire Hillsborough County Nashua 03060 North End Nashua

15 Railroad Square, Nashua, NH

Homes for Sale in Nashua, NH

This home is located at 15 Railroad Square, Nashua, NH 03064 since 17 March 2016. This property was built in 1959. 15 Railroad Square is a home located in Hillsborough County with nearby schools including Mount Pleasant Elementary School, Pennichuck Middle School, and Nashua High School North.

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