Bought with Matthew Lefebvre • Downtown Realty
$4,400,000
$4,400,000
For more information regarding the value of a property, please contact us for a free consultation.
87-89 Lake ST Nashua, NH 03060
23,601 SqFt
Key Details
Sold Price $4,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 23,601 sqft
Price per Sqft $186
MLS Listing ID 5004065
Sold Date 07/03/24
Construction Status Existing
Year Built 1968
Lot Size 0.880 Acres
Acres 0.88
Property Description
Downtown Realty is pleased to present the Lake Street Apartments located at 87-89 Lake Street in Nashua, NH. This property is a brick 24-unit garden-style apartment building constructed in 1968 and contains 2 studio apartments, 10 one-bedroom apartments, and 12 two-bedroom apartments. Located adjacent to the picturesque Sandy Pond, this property is well positioned on 0.88 acres with over 40 parking spaces, a large fenced-in lot, and two curb cuts on Lake Street. The building has been carefully maintained by the same owner for almost 40 years and presents several value-add opportunities. The apartments are well-maintained with some units having private balconies overlooking the pond. Heat and hot water is included in rent and the building is heated by one natural gas-fired boiler while all apartments are on separate electric meters. Tenants enjoy the clean, well-kept, coin-operated laundry facilities on site. A mile away from Nashua's bustling Main Street, residents are minutes from restaurants, grocery stores, retail shops, medical facilities, a variety of local businesses, and a short drive from the Everett Turnpike.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning Urban Residence/Business
Interior
Heating Gas - Natural
Cooling Wall AC Units
Exterior
Utilities Available Cable - Available
Roof Type Shingle - Asphalt
Building
Story 3
Foundation Brick
Sewer Public
Architectural Style Garden, Multi-Family
Construction Status Existing
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
