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23 Elm Street Nashua, NH 03060
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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,658 sqft
Price per Sqft $154
MLS Listing ID 73195323
Sold Date 02/15/24
Bedrooms 8
Full Baths 8
Half Baths 2
Year Built 1920
Annual Tax Amount $12,631
Tax Year 2022
Lot Size 2,613 Sqft
Acres 0.06
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 provide 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.
Location
State NH
County Hillsborough
Zoning D1MU
Direction Main St to W Pearl to Elm St
Rooms
Basement Full, Finished
Interior
Flooring Wood, Tile, Vinyl, Hardwood
Appliance Utility Connections for Gas Range, Utility Connections for Electric Range
Basement Type Full,Finished
Exterior
Exterior Feature Porch - Enclosed
Community Features Public Transportation, Shopping, Medical Facility
Utilities Available for Gas Range, for Electric Range
Roof Type Rubber
Garage No
Building
Lot Description Corner Lot, Level
Story 4
Foundation Block, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Seller W/Participate, Contract
Listing Terms Seller W/Participate, Contract
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Bought with Brian Garvey • Keller Williams Gateway Realty