$650,000
Pending
5 Days Online
0 Beds2 Baths3,460 SQFT
Pending

593 South Main Street Nashua, NH 03060

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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

Schools

School District
Nashua School District
Elementary School
Sunset Heights School
Middle School
Elm Street Middle School
High School
Nashua High School South

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Monthly Payment (Est.)

$3,439
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