$440,000
SOLD NOV 27, 2019
8 Beds
2 Baths
3,460 Sq Ft
0.27 Acres

Recently Sold

$127 Per Sq Ft

2% Below List Price

15 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • High Speed Internet
  • Enclosed patio or porch
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of May 2024

593 South Main St. Nashua, NH 03060. $450,000. LOCATION, LOCATION, LOCATION! Rare Huge 3,460 sq ft 2 Unit Multifamily in a perfect South Nashua commuter location off Exit 2. Turn-key move-in-ready, Cosmetically Updated, Structurally Renovated July-Oct 2019 including Entire House Vinyl Sided, Porch renovated inside and outside, new front stairs, new doors, painted walls, trim, & ceiling, professionally cleaned. 8+ parking spots on big 0.268 Acre Lot. Great Desirable Neighborhood by the Nashua Country Club & Rivier College in South Nashua! Both units have 4 Huge Bedrooms, with Separate Utilities & W/D Hook-ups inside each apartment! Rent for market value of $2,000-$2,200+ monthly per Apt, for $4,000-$4,400+ monthly total rental income. Apt.# 1 is entire 1st floor (1,800 sq ft). Apt.# 2 is a Town House of entire 2nd & 3rd Floors (1,660 sq ft). Mostly Hardwood Floors, Ceramic Tiles, Carpet is only in the 2 rooms on 3rd floor. Fully Updated Bathrooms. Modern Kitchens. 1st floor has Stainless Steel Appliances, & Brand-new Dishwasher. This is the perfect investment rental income property that will Gross at least $50,400+ with $47,800+/- Net Profit Income after Property Insurance, Water & Sewer. Or Owner Occupy this huge property & have the other apartment pay your mortgage. Newer Natural Gas Furnaces & Hot Water Tanks over recent years. 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. Nick Turmel - Owner of Tri-State Realty, LLC Nashua, NH. Nick's Cell # 603-566-3073 RealEstate@NickTurmel.com

Last Agent to Sell the Property

Nick Turmel

Tri-State Realty, LLC Listed on: 10/12/2019

Last Buyer's Agent

Nick Turmel

Tri-State Realty, LLC Listed on: 10/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,875

Year Built

  • Built in 1880

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Level Lot

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property
  • Double Pane Windows
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 510 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Schools

  • Nashua High School South

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 93

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $2,600
  • Gross Income $50,400
  • Net Operating Income $47,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,875

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Duplex, Multi-Family
  • 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 the South Main Street. Drive past Rivier University, & the Nashua Country Club Golf Course.
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 127.17
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4260
  • Sq Ft - Apx Total Finished: 3460
  • Year Built: 1880
  • Remarks Public: LOCATION, LOCATION, LOCATION! Rare Huge 3,460 sq ft 2 Unit Multifamily in a perfect South Nashua commuter location off Exit 2. Turn-key move-in-ready, Renovated July-Oct 2019 including Entire House Vinyl Sided, Porch renovated inside and outside, new front stairs, new doors, painted walls, trim, & ceiling, new smoke/carbon detectors, professionally cleaned. 8+ parking spots on big 0.268 Acre Lot. Great Desirable Neighborhood by the Nashua Country Club & Rivier College in South Nashua! Both units have 4 Huge Bedrooms, with Separate Utilities & W/D Hook-ups inside each apartment! Rent for market value of $2,000-$2,200+ monthly per Apt, for $4,000-$4,400+ monthly total rental income. Apt.# 1 is entire 1st floor (1,800 sq ft). Apt.# 2 is a Town House of entire 2nd & 3rd Floors (1,660 sq ft). Mostly Hardwood Floors, Ceramic Tiles, Carpet is only in the 2 rooms on 3rd floor. Fully Updated Bathrooms. Modern Kitchens. 1st floor has Stainless Steel Appliances, & Brand-new Dishwasher. This is the perfect investment rental income property that will Gross at least $50,000+ with $42,000+/- Net Profit Income after Taxes, Property Insurance, Water & Sewer. Or Owner Occupy this huge property & have the other apartment pay your mortgage. Newer Natural Gas Furnaces & Hot Water Tanks over recent years. 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.
  • List Agent: 24758
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile, Carpet, Hardwood, Tile, Vinyl
  • Total Rooms Above Ground: 16
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3460
  • Sq Ft - Apx Unfinished BG: 800

Exterior Features

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

Garage/Parking

  • Parking: Driveway, Off Street, On-Site, Parking Spaces 5 - 10, Paved

Utilities

  • Cable Company: Comcast/X-Finity, DirecTv
  • Electric: Circuit Breaker(s)
  • Fuel Company: Liberty
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Forced Air
  • Cooling: Wall AC Units
  • Electric Company: Eversource
  • Phone Company: Comcast or Consolidated
  • 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: Curbside, Municipal
  • Utilities: High Speed Intrnt -Avail

Schools

  • School District: Nashua School District
  • High School: Nashua High School South
  • High School: Nashua High School South

Lot Info

  • Map: A
  • Lot: 93
  • Lot Sq Ft: 11674
  • Lot Acres: 0.268
  • Lot Description: Level, Street Lights
  • Surveyed: Unknown
  • Zoning: RA
  • Deed Book: 8805
  • Deed Page: 1117
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 50400
  • Net Income: 47800
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5875
  • Tax Year: 2018

MLS Schools

  • School District: Nashua School District

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
2.41%
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

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $670,000 None Available
Warranty Deed $670,000 None Available
Warranty Deed $440,000 --
Warranty Deed $220,000 --
Warranty Deed $220,000 --
Deed $200,000 --
Deed $200,000 --
Deed $136,400 --
Deed $136,400 --
Deed $275,000 --
Deed $275,000 --
Deed $259,900 --
Deed $259,900 --
Deed $295,000 --
Deed $295,000 --
Warranty Deed $170,000 --
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $636,263 FHA
Closed $636,263 FHA
Previous Owner $330,000 Purchase Money Mortgage
Previous Owner $165,000 No Value Available
Previous Owner $196,377 Purchase Money Mortgage
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: 4781217

PrimeMLS

APN: NASH-000000-000000-000093A