593 South Main Street Nashua, NH 03060
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 TypeMulti-Family
- NeighborhoodN/A
- CountyN/A
- Taxes$7,848
- HOA/Condo/Coop Fees$0
- Days on Site4 Days
- MLS StatusPending
- MLS ID Number4992905
- Home Size Source Other
- Year Built1880
- Lot Size0.27 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Style DuplexModern ArchitectureMulti- Family
- Construction Vinyl Siding
- Parking Parking Spaces 11 - 20Paved
- Sewer Public Sewer
- Basement DaylightDirt FloorStairs - ExteriorStairs - InteriorUnfinishedWalkoutInterior AccessExterior AccessStairs - Basement
- Number of Stories 2
- Acreage 0.27
- Water Public
- Attached Garage No
- Zoning RA
Interior Features
- Cooling None
- Heating Gas - NaturalForced AirHot Air
- Flooring CarpetCeramic TileHardwoodVinylVinyl Plank
Exterior Features
- Roof Asphalt
- Exterior Fence - PartialNatural ShadePatioPorch - EnclosedWindows - Double Pane
- Lot OpenStreet Lights
Community Features
- Community Features Near Country ClubNear Golf CourseNeighborhoodSuburbanNear Public Transportatn
- MLS Area NH-Hillsborough