593 South Main Street, Nashua, NH | Southern NH Multi-Family Property For Sale
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- Listing Office: Tri-State Realty, LLC
- Listing Agent: Nick Turmel
- Asking Price: $650,000
- Type:
- Status: Under Contract
- Days-On-Market: 4
- Listing Date: Apr 26, 2024
- Updated: Apr 30, 2024
- Rooms:
- Bedrooms: 0 | Baths: 0
- Sq Ft: 3,460 | Acres: 0.27
Property Description
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.Property 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.Photo Gallery
Property Location
- MLS ID: 4992905
- Address: 593 South Main Street
- City/Town: Nashua
- State: NH
- Zip Code: 03060
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