NOT LISTED FOR SALE
-- Bed
15 Baths
9,792 Sq Ft
6,055 Sq Ft Lot

Last Sold August 25, 2021

Last sale price $1,700,000 $174 Per Sq Ft

188 Days on Market

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Level Lot

About This Home

As of August 2021

MONEY MAKING 15 unit brick apartment complex conveniently located in downtown Nashua close to shopping & restaurants. Extremely well maintained throughout with recent building and unit upgrades. Building consists of all 1 bedroom, 1 bath units, floorplans vary by floor with 1 handicap accessible with wheelchair lift. Heat and hot water is included in the rent. Security cameras system included. New windows throughout to improve efficiency. The property is stable and high performing with increasing rents as units turn/leases renew. Don't miss out on this high performing building to your portfolio. Showings to qualified buyers only. Buyer to cooperate with Seller's 1031 exchange at no cost or liability to the buyer.

Last Listed By

Lisa Parda

RealtyScape Brokerage, LLC Listed on: 02/18/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $32,616

Year Built

  • Built in 1880

Lot Details

  • 6,055 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 15 Full Bathrooms
  • 3-Story Property
  • Walk-Out Basement

Schools

  • Smyth Road Elementary School
  • Hillside Middle School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Available
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0096

Community Details

Overview

  • 15 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $35,095
  • Gross Income $195,480

Property Details

Home Type

Apartment

Est. Annual Taxes

$32,616

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Main Street to W Hollis, Left on Maple. Building is on the left Park in city parking lot across the street
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 173.61
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 13056
  • Sq Ft - Apx Total Finished: 9792
  • Year Built: 1880
  • Remarks Public: MONEY MAKING 15 unit brick apartment complex conveniently located in downtown Nashua close to shopping & restaurants. Extremely well maintained throughout with recent building and unit upgrades. Building consists of all 1 bedroom, 1 bath units, floorplans vary by floor with 1 handicap accessible with wheelchair lift. Heat and hot water is included in the rent. Security cameras system included. New windows throughout to improve efficiency. The property is stable and high performing with increasing rents as units turn/leases renew. Don't miss out on this high performing building to your portfolio. Showings to qualified buyers only. Buyer to cooperate with Seller's 1031 exchange at no cost or liability to the buyer.
  • List Agent: 25733
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead
  • Sq Ft - Apx Finished AG: 9792
  • Sq Ft - Apx Unfinished BG: 3264

Exterior Features

  • Construction: Masonry
  • Exterior: Brick
  • Foundation: Granite, Stone
  • Road Frontage: TBD
  • Roads: Paved
  • Roof: Flat
  • Easements: Yes

Garage/Parking

  • Parking: On Street

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Total Electric Meters: 16
  • Total Gas Meters: 1
  • Total Heat Units: 1
  • Total Ranges: 15
  • Total Refrigerators: 15
  • Trash: Cans, Private
  • Utilities: Cable, Gas - On-Site, High Speed Intrnt -Avail

Schools

  • School District: Nashua School District
  • Elementary School: Smyth Road School
  • Middle School: Hillside Middle School
  • Elementary School: Smyth Road School

Lot Info

  • Map: 0082
  • Lot: 0096
  • Lot Sq Ft: 6055
  • Lot Acres: 0.139
  • Lot Description: City Lot, Level, Sidewalks, Street Lights
  • Surveyed: Unknown
  • Zoning: apartment general
  • Deed Book: 9235
  • Deed Page: 1520
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 195480
  • Total Full Baths: 15
  • Total Units: 15
  • Total1 Bedroom Units: 15

Tax Info

  • Tax Gross Amount: 32616
  • Tax Year: 2020

MLS Schools

  • School District: Nashua School District
  • School Middle Jr: Hillside Middle School

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
08/25/2021 08/25/21 Sold $1,700,000 0.0% $174 / Sq Ft
04/20/2021 04/20/21 Off Market $1,700,000 -- --
03/24/2021 03/24/21 Price Changed $1,950,000 -6.0% $199 / Sq Ft
02/18/2021 02/18/21 For Sale $2,075,000 +53.6% $212 / Sq Ft
11/22/2019 11/22/19 Sold $1,351,000 +3.9% $138 / Sq Ft
10/04/2019 10/04/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $1,300,000 -- $133 / 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: 4847879

PrimeMLS

APN: 0082-00096