$575,000
SOLD JUL 12, 2024
6 Beds
2 Baths
2,016 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$285 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 4-minute walk to Sullivan Park
  • Double Pane Windows
  • 2 Car Garage

About This Home

As of July 2024

OPEN HOUSE CANCELED - Nestled in the heart of Nashua, New Hampshire, this two-family residence offers an unparalleled opportunity for both comfortable living and savvy investment. With its prime location in one of Nashua's most desirable dead-end neighborhoods, coupled with the allure of a detached two-car garage, this property stands as a testament to modern convenience. First floor is currently month to month at $2,000 per month. The first-floor residence presents a lucrative opportunity for investors or owner-occupants seeking additional income. 2nd floor is currently month to month at $1,500 per month. For commuters, the property is conveniently located near major highways and public transportation options, making it easy to travel to nearby cities and employment centers. This property offers significant investment potential for savvy buyers. With two separate rental units, each generating substantial monthly income, you can enjoy the financial benefits of real estate ownership while building long-term equity and securing your financial future. Showings to start on Saturday May 25th 11AM-1PM & Sunday May 26th 11AM-1PM - SCHEDULED SHOWINGS ONLY.

Last Agent to Sell the Property

Joseph Pantaleo

DiPietro Group Real Estate License #074462 Listed on: 05/20/2024

Last Buyer's Agent

Joseph Pantaleo

DiPietro Group Real Estate License #074462 Listed on: 05/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,722

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Architectural Shingle Roof

Interior Spaces

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

Location

  • City Lot

Schools

  • Nashua High School South

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 00044 / 8

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $3,350
  • Gross Income $42,000
  • Net Operating Income $38,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,722

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Assessment Amount: 423600
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 285.22
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3024
  • Sq Ft - Apx Total Finished: 2016
  • Year Built: 1930
  • Remarks Public: OPEN HOUSE CANCELED - Nestled in the heart of Nashua, New Hampshire, this two-family residence offers an unparalleled opportunity for both comfortable living and savvy investment. With its prime location in one of Nashua's most desirable dead-end neighborhoods, coupled with the allure of a detached two-car garage, this property stands as a testament to modern convenience. First floor is currently month to month at $2,000 per month. The first-floor residence presents a lucrative opportunity for investors or owner-occupants seeking additional income. 2nd floor is currently month to month at $1,500 per month. For commuters, the property is conveniently located near major highways and public transportation options, making it easy to travel to nearby cities and employment centers. This property offers significant investment potential for savvy buyers. With two separate rental units, each generating substantial monthly income, you can enjoy the financial benefits of real estate ownership while building long-term equity and securing your financial future. Showings to start on Saturday May 25th 11AM-1PM & Sunday May 26th 11AM-1PM - SCHEDULED SHOWINGS ONLY.
  • List Agent: 283603
  • 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: Internet - Cable
  • Architectural Style: Duplex
  • ResoLotFeatures: City Lot
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Flooring: Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2016
  • Sq Ft - Apx Unfinished BG: 1008

Exterior Features

  • Driveway: Paved
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Architectural
  • Easements: Unknown
  • Features Exterior: Windows - Double Pane
  • Construction Type: Other Exterior

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Heating Fuel: Gas - Natural Available
  • Heating: Hot Water
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Water Source: Public

Schools

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

Lot Info

  • Map: 002
  • Lot: 00044
  • Lot Sq Ft: 7841
  • Lot Acres: 0.18
  • Surveyed: Unknown
  • Zoning: RB
  • Deed Book: 8167
  • Deed Page: 1810
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 42000
  • Net Income: 38650
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 7722
  • Tax Year: 2023

MLS Schools

  • School District: Nashua School District

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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
07/12/2024 07/12/24 Sold $575,000 +4.5% $285 / Sq Ft
05/26/2024 05/26/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $550,000 -- $273 / 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: 4996468

PrimeMLS