J
Seller's Agent in 2024
Jerold Hersch
Tinkham Realty Inc
SOLD FEB 15, 2024
RENTED DEC 5, 2024
23 Elm St Nashua, NH 03060
Downtown Nashua Neighborhood
8
Beds
10
Baths
10,658
Sq Ft
2,700
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Enclosed patio or porch
- Property is near public transit
- Corner Lot
- 3-minute walk to Sargents Park
About This Home
As of February 2024Great 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,631
Year Built
- Built in 1920
Lot Details
- 2,700 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- Open Parking
Home Design
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Rubber Roof
Interior Spaces
- 10,658 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
Utilities
- Separate Meters
- Natural Gas Connected
Additional Features
- Enclosed patio or porch
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $12,536
- Assessor Parcel Number M:81 L:00027,369233
Community Details
Overview
- 9 Units
Amenities
- Medical Services
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2023
Closed on
Feb 14, 2024
Sold by
Hebert David
Bought by
91-93 Wb Derry Rlty Mgmt
Seller's Agent
Brian Garvey
Keller Williams Gateway Realty
Buyer's Agent
Brian Garvey
Keller Williams Gateway Realty
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,755,000
Outstanding Balance
$1,732,506
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 2023
Sold by
John W Hebert Ret and Mccoy
Bought by
Hebert David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,650,000 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,755,000 | Purchase Money Mortgage | |
| Previous Owner | $65,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2024 12/05/24 | Rented | $1,295 | -13.4% | -- |
| 10/15/2024 10/15/24 | For Rent | $1,495 | +19.6% | -- |
| 04/16/2024 04/16/24 | Rented | $1,250 | 0.0% | -- |
| 03/06/2024 03/06/24 | For Rent | $1,250 | 0.0% | -- |
| 02/15/2024 02/15/24 | Sold | $1,650,000 | -5.7% | $155 / Sq Ft |
| 01/22/2024 01/22/24 | For Sale | $1,750,000 | -- | $164 / Sq Ft |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $12,743 | $699,000 | $77,600 | $621,400 |
| 2022 | $12,631 | $699,000 | $77,600 | $621,400 |
| 2021 | $9,362 | $403,200 | $73,800 | $329,400 |
| 2020 | $9,116 | $403,200 | $73,800 | $329,400 |
| 2019 | $8,774 | $403,200 | $73,800 | $329,400 |
| 2018 | $8,552 | $403,200 | $73,800 | $329,400 |
| 2017 | $11,652 | $451,800 | $39,100 | $412,700 |
| 2016 | $11,327 | $451,800 | $39,100 | $412,700 |
| 2015 | $11,083 | $451,800 | $39,100 | $412,700 |
| 2014 | $10,866 | $451,800 | $39,100 | $412,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Brian Garvey
Seller's Agent in 2024
Brian Garvey
Keller Williams Gateway Realty
(603) 566-8708
1 in this area
44 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73195323
APN: NASH-000081-000000-000027
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