Multi-family Investment Opportunity

1-3 Worcester Street Nashua, NH 03060

1-3 Worcester Street, Nashua, NH, 03060
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$685,000
Last Verified:
Jun 19, 2024

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Highlights

  • Convenient downtown location
  • 2023 renovated units featuring various updates including new appliances, fixtures and some new windows
  • Utilities (electric and heat) paid by tenants
  • New FHA heating system installed

Description

This two-story fourplex is located in the heart of Downtown Nashua. The property offers four spacious units, one bedroom and one bath each. Many updates have been made inside, including new flooring, fixtures, new appliances, and a recent update to the FHA heating systems. With all separate utilities, tenants are responsible for electricity and heat. Three units have leases in place, ensuring stable rental income, while one apartment is on a month-to-month basis, providing potential for owner-occupancy for the buyer.

Unit 1 features fresh paint, new appliances, and updated fixtures. Unit 2 boasts a brand new kitchen, renovated bathroom, and updated flooring and windows. Unit 3 offers new flooring, updated appliances, and fresh paint. Unit 4 provides recently replaced flooring, freshly painted walls, and new appliances and fixtures. With those improvements to the interior, property provides comfortable living environment for all residents.

Situated in a desirable downtown location, enjoy access to amenities and attractions just a short walk away. Additionally, this property is perfect for a 1031 exchange.

Nestled in a welcoming community, this location offers easy access to major amenities and attractions. Enjoy proximity to Mine Falls Park, a scenic escape for outdoor recreation. Explore the historic downtown area with its charming shops, dining options, and entertainment venues. Nashua's thriving economy and excellent educational institutions make it an ideal location for those seeking a vibrant and convenient lifestyle. With its convenient access to major highways and public transportation, the location presents an appealing opportunity for current and potential tenants.


Year Built: 1900
Building Size: 2900sq ft
Lot Size: 0.06 acres


Documents

Brochure (L)

Map of 1-3 Worcester Street, Nashua, NH, 03060

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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