Listing courtesy of Nick Turmel, Tri-State Realty, LLC Phone: 603-566-3073
593 South Main Street, Nashua, NH, 03060
15 rooms
8 beds
2 Full baths
1880
Duplex, Modern Architecture, Multi-Family
3,460 sqft
PENDING 4/30/2024. OPEN HOUSE 12-3:00pm SUNDAY 4/28/2024. SHOWINGS 11:30am-6:30pm SAT, SUN, MON. OFFERS DUE by 10:00pm 4/29/2024 MONDAY. 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, 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.
Status:
Pending
Type:
Multi-family
Units:
2
Zoning:
RA
Frontage:
150
Heating:
Forced Air, Hot Air
Cooling:
None
Basement:
Daylight, Dirt Floor, Stairs - Exterior, Stairs - Interior, Unfinished, Walkout, Interior Access, Exterior Access, Stairs - Basement
Parking:
Parking Spaces 11 - 20, Paved
Acreage:
0.27
Est. Taxes:
$7,848
Lot Description:
Open,Street Lights
Elementary School:
Sunset Heights School
Middle School:
Elm Street Middle School
High School:
Nashua High School South
School District:
Nashua School District
MLS #:
4992905