NOT LISTED FOR SALE

Estimated Value: $2,574,111

-- Bed
9 Baths
10,448 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $2,475,000 $237 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $15,595/month

26 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 3 Car Garage

About This Home

As of August 2024

Please email for information and showings. Sorry, please do not call at this time.

Last Agent to Sell the Property

Joan Blais

BHHS Verani Londonderry Brokerage Phone: 603-540-5104 License #005229 Listed on: 02/14/2024

BHHS Verani Londonderry

Last Buyer's Agent

Joan Blais

BHHS Verani Londonderry Brokerage Phone: 603-540-5104 License #005229 Listed on: 02/14/2024

BHHS Verani Londonderry

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,982

Year Built

  • Built in 1935

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • 3 Car Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 9 Full Bathrooms
  • 10,448 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Vinyl Plank

Location

  • City Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 85

Community Details

Overview

  • 13 Units

Building Details

  • 13 Separate Gas Meters
  • Operating Expense $16,548
  • Gross Income $241,454
  • Net Operating Income $203,924

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,982

Year Built

Built in 1935

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Directions: I-93 to exit 7e, toward downtown; left at 5-corner light onto Lowell, one block east of MAIN St. L shaped bldg fronts on Lowell, Orange & Canal Streets
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 236.89
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 17272
  • Sq Ft - Apx Total Finished: 10448
  • Year Built: 1935
  • Remarks Public: 13 Units in Nashua! 1 block to Main St. Mixed use: 4 commercial units and 9 apts; frontages on Lowell St, Orange St, and Canal St ; "L"-shaped bldg;Tenants pay own gas heat & utilities; 6 apts remodeled totally in past 2 years like brand new!, 2 apts being freshened; New roof, 2 yrs. Car repair garage on Canal St (25+ yrs); Latin bakery/store; audio speaker store w/ garage under for installations; one service business, all remodeled 6 years ago, facing 37-45 Lowell St; City garbage pickup is grandfathered (no dumpster fee!);brick & vinyl sided; On-street parking, municipal lot nearby; Ideal for urbanites who walk to downtown restaurants, shopping,clubs. Best Buy in town!
  • List Agent: 6536
  • Display On Internet: None
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Corner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Tank
  • Flooring: Wood, Vinyl Plank
  • Total Rooms Above Ground: 28
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 10448
  • Sq Ft - Apx Unfinished BG: 6824

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane
  • Easements: Unknown
  • Construction Type: Wood Frame, Vinyl Siding

Garage/Parking

  • Garage Capacity: 3
  • Parking: Underground
  • Garage: Yes

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater - Vented
  • Cooling: Wall AC Units
  • Separate Utilities: Yes
  • Total Electric Meters: 13
  • Total Gas Meters: 13
  • Total Heat Units: 13
  • Total Ranges: 9
  • Total Refrigerators: 9
  • Total Water Heaters: 10
  • Trash: Municipal
  • Utilities: Cable - At Site
  • Water Source: Public

Schools

  • School District: Nashua School District

Lot Info

  • Map: 0043
  • Lot: 85
  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Surveyed: Unknown
  • Zoning: comm
  • Deed Book: 9485
  • Deed Page: 704
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 241454
  • Net Income: 203924
  • Total Full Baths: 9
  • Total Units: 13
  • Total1 Bedroom Units: 5
  • Total2 Bedroom Units: 4

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 20982
  • Tax Year: 2023

MLS Schools

  • School District: Nashua School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Aug 2, 2024
Sold by
Sixteen Rail Road Sq Llc
Bought by
Ko Nashua Llc
Seller's Agent
Joan Blais
BHHS Verani Londonderry
Buyer's Agent
Joan Blais
BHHS Verani Londonderry
List Price
$2,600,000
Sold Price
$2,475,000
Premium/Discount to List
-$125,000
-4.81%
Views
55
Current Estimated Value
$2,574,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,111
Avg. Annual Appreciation
3.35%
Original Mortgage
$1,200,884
Outstanding Balance
$1,186,207
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,387,904

Purchase Details

Listed on
Sep 21, 2019
Closed on
Jun 18, 2021
Sold by
2Mj5 Holdings Llc
Bought by
16 Rail Square Llc
Seller's Agent
Joan Blais
BHHS Verani Londonderry
Buyer's Agent
Joan Blais
BHHS Verani Londonderry
List Price
$1,389,000
Sold Price
$1,379,000
Premium/Discount to List
-$10,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.55%
Original Mortgage
$1,100,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2011
Sold by
Kehaias J Theoginis
Bought by
2Mj5 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ko Nashua Llc $2,475,000 None Available
Ko Nashua Llc $2,475,000 None Available
16 Rail Square Llc $1,379,000 None Available
16 Rail Square Llc $1,379,000 None Available
2Mj5 Holdings Llc $400,000 --
2Mj5 Holdings Llc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ko Nashua Llc $1,200,884
Closed Ko Nashua Llc $1,200,884
Previous Owner 16 Rail Square Llc $1,100,000
Previous Owner 2Mj5 Holdings Llc $700,000
Previous Owner 2Mj5 Holdings Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2025 03/05/25 Off Market $1,800 -- --
09/30/2024 09/30/24 For Rent $1,800 0.0% --
08/02/2024 08/02/24 Sold $2,475,000 -4.8% $237 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $2,600,000 +88.5% $249 / Sq Ft
06/18/2021 06/18/21 Sold $1,379,000 -0.7% $132 / Sq Ft View Prior Sale
12/02/2020 12/02/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $1,389,000 +0.7% $133 / Sq Ft
04/01/2020 04/01/20 Off Market $1,379,000 -- --
09/21/2019 09/21/19 For Sale $1,389,000 -- $133 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $23,856 $1,500,400 $224,700 $1,275,700
2023 $24,662 $1,352,800 $195,500 $1,157,300
2022 $24,445 $1,352,800 $195,500 $1,157,300
2021 $15,557 $670,000 $186,100 $483,900
2020 $15,149 $670,000 $186,100 $483,900
2019 $14,579 $670,000 $186,100 $483,900
2018 $14,211 $670,000 $186,100 $483,900
2017 $16,820 $652,200 $142,800 $509,400
2016 $16,351 $652,200 $142,800 $509,400
2015 $15,998 $652,200 $142,800 $509,400
2014 $15,685 $652,200 $142,800 $509,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4985022

PrimeMLS

APN: NASH-000043-000000-000085