NOT LISTED FOR SALE

Estimated Value: $687,000 - $692,000

8 Beds
2 Baths
3,460 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $670,000 $194 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,492/month

4 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Forced Air Heating System
  • Modern Architecture
  • Double Pane Windows
  • High Speed Internet

About This Home

As of May 2024

RARE DESIRABLE LOCATION for this Huge 8 BR 3,460 sq ft 2-Unit Multifamily in a perfect South Nashua commuter location off Exit 2. Move-in-ready. Lots of Renovations in 2019 & 2024. 8+ parking spots on big 0.268 Acre Lot. Great Desirable Neighborhood by the Nashua Country Club Golf Course & Rivier University! Both units have 4 Huge Bedrooms (on Town Assessor Card), with Separate Utilities & W/D Hook-ups inside each apartment! Rental Market Value is $2,600-$2,800+ monthly per Apt, for $5,200-$5,600+ monthly total rental income. Apt.# 1 is entire 1st floor (1,800 sq ft). Apt.# 2 Town House is entire 2nd & 3rd Floors (1,660 sq ft). Mostly Hardwood Floors. Carpet only on 3rd floor. Modern Kitchens & Bathrooms. 8.3%+ CAP RATE! (Based on $2,700 avg comp projection per Apt) This is the perfect investment rental income property that will Gross at least $64,800+ with $53,952+/- Net Profit Income after Taxes, Property Insurance, Water & Sewer. Or Owner Occupy an Apt & have rental income towards mortgage. Newer Natural Gas Furnaces & Hot Water Tanks over recent decade. Previous MLS History says Roof was new in 2004. Best Multi location & value compared to Nashua competition. Conventional, FHA, or VA Loans will all easily qualify. Vacant 2nd/3rd Floor Townhouse has Re-finished Hardwood Floors, Fresh Paint, New Carpet on 3rd Floor. Long-term Month-to-Month Tenants on 1st Floor.

Last Agent to Sell the Property

Nick Turmel

Tri-State Realty, LLC Listed on: 04/26/2024

Last Buyer's Agent

Molly Cottle

Realty One Group Reliant License #065334

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,848

Year Built

  • Built in 1880

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Open Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Modern Architecture
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Dirt Floor
  • Natural lighting in basement

Parking

  • 1,120 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Sunset Heights Elementary School
  • Elm Street Middle School
  • Nashua High School South

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Washer & Dryer in 1st Floor Apartment is owned by the tenant, so not included in the sale.
  • Tax Lot 93

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $3,000
  • Gross Income $64,800
  • Net Operating Income $53,952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,848

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: F.E Turnpike Route 3. Exit 2 to D.W. Hwy North. 1st Right on Veterans Dr. Then 1st Left on South Main St. Or if you are coming from Exit 3/4, go around the traffic circle by Haywards Ice Cream and go to South Main Street. Drive past Rivier University, & the Nashua Country Club Golf Course.
  • Construction: Existing
  • Items Excluded: Washer & Dryer in 1st Floor Apartment is owned by the tenant, so not included in the sale.
  • Total Stories: 2
  • Price Per Sq Ft: 193.64
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4660
  • Sq Ft - Apx Total Finished: 3460
  • Year Built: 1880
  • Remarks Public: RARE DESIRABLE LOCATION for this Huge 8 BR 3,460 sq ft 2-Unit Multifamily in a perfect South Nashua commuter location off Exit 2. Move-in-ready. Lots of Renovations in 2019 & 2024. 8+ parking spots on big 0.268 Acre Lot. Great Desirable Neighborhood by the Nashua Country Club Golf Course & Rivier University! Both units have 4 Huge Bedrooms (on Town Assessor Card), with Separate Utilities & W/D Hook-ups inside each apartment! Rental Market Value is $2,600-$2,800+ monthly per Apt, for $5,200-$5,600+ monthly total rental income. Apt.# 1 is entire 1st floor (1,800 sq ft). Apt.# 2 Town House is entire 2nd & 3rd Floors (1,660 sq ft). Mostly Hardwood Floors. Carpet only on 3rd floor. Modern Kitchens & Bathrooms. 8.3%+ CAP RATE! (Based on $2,700 avg comp projection per Apt) This is the perfect investment rental income property that will Gross at least $64,800+ with $53,952+/- Net Profit Income after Taxes, Property Insurance, Water & Sewer. Or Owner Occupy an Apt & have rental income towards mortgage. Newer Natural Gas Furnaces & Hot Water Tanks over recent decade. Previous MLS History says Roof was new in 2004. Best Multi location & value compared to Nashua competition. Conventional, FHA, or VA Loans will all easily qualify. Vacant 2nd/3rd Floor Townhouse has Re-finished Hardwood Floors, Fresh Paint, New Carpet on 3rd Floor. Long-term Month-to-Month Tenants on 1st Floor.
  • List Agent: 24758
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: Fiber Optic Internt Avail, High Speed Intrnt -AtSite, Internet - Cable
  • Architectural Style: Duplex, Modern Architecture, Multi-Family
  • ResoLotFeatures: Open, Street Lights
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater–Natural Gas
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl, Vinyl Plank
  • Total Rooms Above Ground: 15
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Daylight, Dirt Floor, Stairs - Exterior, Stairs - Interior, Unfinished, Walkout, Interior Access, Exterior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 3460
  • Sq Ft - Apx Unfinished BG: 1200

Exterior Features

  • Driveway: Paved
  • Foundation: Brick, Concrete, Granite, Stone, Block w/ Skim Coating
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Fence - Partial, Natural Shade, Patio, Porch - Enclosed, Windows - Double Pane
  • Construction Type: Wood Frame, Vinyl Siding

Garage/Parking

  • Parking: Parking Spaces 11 - 20, Paved

Utilities

  • Cable Company: Comcast/X-Finity
  • Electric: Circuit Breaker(s)
  • Fuel Company: Liberty
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air, Hot Air
  • Electric Company: Eversource
  • Phone Company: Consolidated/Fidium Fiber
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Cans, Curbside, Municipal
  • Utilities: Cable - At Site
  • Water Source: Public

Schools

  • School District: Nashua School District
  • Elementary School: Sunset Heights School
  • Middle School: Elm Street Middle School
  • High School: Nashua High School South
  • Elementary School: Sunset Heights School
  • High School: Nashua High School South

Lot Info

  • Map: A
  • Lot: 93
  • Lot Sq Ft: 11761
  • Lot Acres: 0.27
  • Surveyed: Unknown
  • Zoning: RA
  • Deed Book: 9237
  • Deed Page: 1648
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 64800
  • Net Income: 53952
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7848
  • Tax Year: 2023

MLS Schools

  • School District: Nashua School District
  • School Middle Jr: Elm Street Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 31, 2024
Sold by
Scurto Aileen and Scurto Michael
Bought by
Mills Jeanniffer and Mazile Christopher P
Seller's Agent
Nick Turmel
Tri-State Realty, LLC
Buyer's Agent
Molly Cottle
Realty One Group Reliant
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%
Views
60
Current Estimated Value
$688,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,950
Avg. Annual Appreciation
2.69%
Original Mortgage
$636,263
Outstanding Balance
$631,092
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$57,858

Purchase Details

Listed on
Oct 12, 2019
Closed on
Nov 27, 2019
Sold by
593 South Main Street Llc
Bought by
Scurto Michael and Scurto Aileen
Seller's Agent
Nick Turmel
Tri-State Realty, LLC
Buyer's Agent
Nick Turmel
Tri-State Realty, LLC
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$330,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 29, 2015
Closed on
Nov 4, 2015
Sold by
Licciardi Anthony M and Licciardi Bekki
Bought by
593 South Main St Llc
Seller's Agent
Siobhan Bennett
Keller Williams Realty-Metropolitan
Buyer's Agent
Nick Turmel
Tri-State Realty, LLC
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.57%
Original Mortgage
$165,000
Interest Rate
3.88%

Purchase Details

Closed on
May 19, 2009
Sold by
Bankowski Christopher and Bankowski Blake
Bought by
Licciardi Anthony M and Licciardi Bekki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,377
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2008
Sold by
Fontes Timothy J
Bought by
Bankowski Christopher and Bankowski Blake

Purchase Details

Closed on
Oct 28, 2005
Sold by
Henry Courtney S and Henry Joelle
Bought by
Fields Scott M and Fields Jenn Kay

Purchase Details

Closed on
May 20, 2005
Sold by
Guerrero Luis
Bought by
Charette Robert and Charette Deborah

Purchase Details

Closed on
Nov 12, 2004
Sold by
Appletree Props Llc
Bought by
Fontes Timothy

Purchase Details

Closed on
Jul 19, 2000
Sold by
Morgan Michael P and Morgan Donna M
Bought by
Henry Courtney S
Source: Public Records

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Range of Values:

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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
Mills Jeanniffer $670,000 None Available
Mills Jeanniffer $670,000 None Available
Scurto Michael $440,000 --
593 South Main St Llc $220,000 --
593 South Main St Llc $220,000 --
Licciardi Anthony M $200,000 --
Licciardi Anthony M $200,000 --
Bankowski Christopher $136,400 --
Bankowski Christopher $136,400 --
Fields Scott M $275,000 --
Fields Scott M $275,000 --
Charette Robert $259,900 --
Charette Robert $259,900 --
Fontes Timothy $295,000 --
Fontes Timothy $295,000 --
Henry Courtney S $170,000 --
Henry Courtney S $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Jeanniffer $636,263
Closed Mills Jeanniffer $636,263
Previous Owner Scurto Michael $330,000
Previous Owner 593 South Main St Llc $165,000
Previous Owner Henry Courtney S $196,377
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $670,000 +3.1% $194 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $650,000 +47.7% $188 / Sq Ft
11/27/2019 11/27/19 Sold $440,000 -2.2% $127 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/12/2019 10/12/19 For Sale $450,000 +104.5% $130 / Sq Ft
11/04/2015 11/04/15 Sold $220,000 -2.2% $81 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
08/29/2015 08/29/15 For Sale $225,000 -- $83 / 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
2023 $7,848 $430,500 $124,700 $305,800
2022 $7,779 $430,500 $124,700 $305,800
2021 $6,836 $294,400 $83,100 $211,300
2020 $6,263 $277,000 $83,100 $193,900
2019 $6,028 $277,000 $83,100 $193,900
2018 $5,875 $277,000 $83,100 $193,900
2017 $6,282 $243,600 $83,900 $159,700
2016 $6,107 $243,600 $83,900 $159,700
2015 $5,958 $242,900 $83,900 $159,000
2014 $5,842 $242,900 $83,900 $159,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4992905

PrimeMLS

APN: NASH-000000-000000-000093A