NOT LISTED FOR SALE
-- Bed
-- Bath
26,000 Sq Ft
0.36 Acres

Last Sold December 16, 2021

Last sale price $5,050,000 $194 Per Sq Ft

40 Days on Market

About This Home

As of December 2021

Own a piece of Nashua History. The "Laton House" is a Nashua Landmark. Built originally as a Railroad Hotel it has changed over the years. Property consists of The Laton House and the Hammar Building. There are currently 6 commercial rentals, 14 apartments (2-2br & 12 1br) and 46 rental rooms. Scheduled gross income $630,768 with room to increase!! Expenses $$156,898. Building is in good condition and has been well maintained.

Last Agent to Sell the Property

Gary Rocca

RE/MAX Innovative Properties License #000422 Listed on: 09/24/2021

RE/MAX Innovative Properties

Last Buyer's Agent

Jacob Poulose

License #065434

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,980

Year Built

  • Built in 1890

Lot Details

  • 0.36 Acre Lot
  • Lot Sloped Up

Home Design

  • Rooming House
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Membrane Roofing

Interior Spaces

  • 26,000 Sq Ft Home
  • 4-Story Property
  • Interior Basement Entry

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00080

Community Details

Overview

  • 65 Units

Building Details

  • Operating Expense $156,898
  • Gross Income $630,768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,980

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Multi-Family, Rooming House
  • Directions: Main St to Canal to Railroad Square
  • Construction: Existing
  • Total Stories: 4+
  • Price Per Sq Ft: 194.23
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 26000
  • Sq Ft - Apx Total Finished: 26000
  • Year Built: 1890
  • Remarks Public: Own a piece of Nashua History. The "Laton House" is a Nashua Landmark. Built originally as a Railroad Hotel it has changed over the years. Property consists of The Laton House and the Hammar Building. There are currently 6 commercial rentals, 14 apartments (2-2br & 12 1br) and 46 rental rooms. Scheduled gross income $630,768 with room to increase!! Expenses $$156,898. Building is in good condition and has been well maintained.
  • List Agent: 4084
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Sq Ft - Apx Finished AG: 26000

Exterior Features

  • Construction: Masonry, Wood Frame
  • Exterior: Brick, Composition
  • Foundation: Brick, Granite, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane, Slate

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Air, Hot Water, Steam
  • Utilities: Cable - Available

Lot Info

  • Map: 0043
  • Lot: 00080
  • Lot Sq Ft: 15682
  • Lot Acres: 0.36
  • Lot Description: City Lot
  • Zoning: D1MU
  • Deed Book: 6457
  • Deed Page: 1063
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 630768
  • Total Units: 65
  • Total1 Bedroom Units: 12
  • Total2 Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 41980
  • Tax Year: 2020

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
12/16/2021 12/16/21 Sold $5,050,000 -22.3% $194 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $6,500,000 -- $250 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4884140

PrimeMLS