Bought with Jerold Hersch • Tinkham Realty Inc
$1,650,000
$1,750,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
23 Elm ST Nashua, NH 03060
4 Beds
8 Baths
10,658 SqFt
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Square Footage 10,658 sqft
Price per Sqft $154
MLS Listing ID 4982840
Sold Date 02/15/24
Style Apartment Building
Bedrooms 4
Full Baths 8
Construction Status Existing
Year Built 1920
Annual Tax Amount $12,631
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Apartment Building
Property Description
Great investment opportunity in the heart of downtown Nashua. Three story mixed-use building on a corner lot consisting of (4) 1 Bedroom apartments, (4) Studio apartments, (1) Subdividable street-level 2600+/-SF Retail space with a full lower level providing over 4600+/-USF. Multiple units recently updated with new flooring, cabinets & fixtures. All units are separately metered for gas and electric. Municipal water/sewer, trash and snow removal. Common area coin-op laundry generating consistent additional income. New GenFlex EPDM membrane roof 2 yrs. High demand and currently well-below market rents provides an excellent opportunity for easy revenue growth potential. Convenient location for walking & commuter tenants located directly across from the Elm St Parking Garage & Nashua Transit Center, and steps away from the new performing arts center and a diverse multitude of great Main St area shops, restaurants & pubs. Financials available upon request.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning D1MU
Rooms
Basement Entrance Interior
Basement Finished, Full, Interior Access
Interior
Heating Electric, Gas - Natural
Cooling Other
Flooring Hardwood, Manufactured, Tile, Vinyl
Exterior
Exterior Feature Brick
Utilities Available Cable, Gas - On-Site, High Speed Intrnt -AtSite
Roof Type Membrane
Building
Lot Description City Lot, Corner, Curbing, Neighbor Business
Story 3
Foundation Block, Concrete
Sewer Public
Water Public
Construction Status Existing
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