NOT LISTED FOR SALE
15 Beds
7.5 Baths
7,584 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: October 31, 2022

Last sale price $750,000 $99 Per Sq Ft

89 Days on Market

About This Home

As of October 2022

159 Nashua Street is an 8-unit, four-story building containing seven (7) residential units consisting of two (2) 3-Bedroom/1-Bathroom units, three (3) 2-Bedroom/1-Bathroom units, one (1) 1-Bedroom/1-Bathroom unit, one (1) Studio Unit and one (1) commercial unit (currently vacant) in 7,584 square feet of living area on a 0.071-acre parcel. The building has been well maintained throughout ownership and features numerous upgrades including newer roof and windows as well as upgrades to the units’ interiors in both the residential apartments and commercial space. Tenants are responsible for their own gas heat, hot water and electric (LL pays utilities for units 3E & 3ES). Opportunity exists to acquire a well maintained building in a high demand market. opportunity exists to drive rental rates through renovations and programmatic upgrades to the units, as well as by bringing rents up to market rate in a supply constrained market.

Last Agent to Sell the Property

Spencer Smith

Horvath & Tremblay Listed on: 05/18/2022

Co-Listed By

John Pentore

Horvath & Tremblay

Last Buyer's Agent

Spencer Smith

Horvath & Tremblay Listed on: 05/18/2022

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot

Home Design

  • 7,584 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 15 Bedrooms

Listing and Financial Details

  • Total Actual Rent $8,795
  • Assessor Parcel Number 2828536

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Building Details

  • Operating Expense $34,080
  • Net Operating Income $71,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,162

Year Built

Built in 1910

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 14

Interior Features

  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Total Bedrooms: 15
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8
  • Living Area: 7584
  • Stories Total: 14
  • MAIN LO: AN2723
  • MAIN SO: AN2723

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 2828536
  • Zoning: A3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6162.35

Multi Family

  • Net Operating Income: 71460
  • Number Of Units Total: 8
  • Operating Expense: 34080
  • Total Actual Rent: 8795
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Oct 28, 2022
Sold by
Bought by
Seller's Agent
Spencer Smith
Horvath & Tremblay
Buyer's Agent
Spencer Smith
Horvath & Tremblay
List Price
$975,000
Sold Price
$750,000
Premium/Discount to List
-$225,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$535,112
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2003
Sold by
Bought by

Purchase Details

Closed on
May 24, 1996
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 1994
Sold by
Bought by

Purchase Details

Closed on
Oct 30, 1987
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 None Available
$128,400 --
$128,400 --
$113,000 --
$365,000 --
$50,000 --
$149,935 --
$185,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $562,500
Previous Owner $845,000
Previous Owner $183,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $750,000 -9.1% $99 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $825,000 -8.3% $109 / Sq Ft
06/07/2022 06/07/22 Price Changed $900,000 -7.7% $119 / Sq Ft
05/18/2022 05/18/22 For Sale $975,000 -- $129 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,313 $726,000 $100,500 $625,500
2024 $7,350 $639,700 $93,900 $545,800
2023 $0 $578,800 $78,800 $500,000
2022 $6,162 $488,300 $75,000 $413,300
2021 $0 $403,000 $71,800 $331,200
2020 $5,553 $327,500 $69,400 $258,100
2019 $0 $297,400 $69,400 $228,000
2018 $0 $307,000 $80,000 $227,000
2017 -- $307,000 $80,000 $227,000
2016 -- $307,000 $80,000 $227,000
2015 -- $307,200 $80,000 $227,200
2014 -- $307,200 $80,000 $227,200
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72983529

MLS Property Information Network (MLS PIN)
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