Catylist ID:
#30873357
7 Unit Multifamily at 8-10 Temple Place, Nashua, NH
Multi-Family
for Sale
Catylist Listing ID: | 30873357 |
Property Subtypes: | Low-Rise/Garden |
Number of Units: | 7 Units |
Building Size (RSF): | 3,794 SF |
Gross Building Area: | 4,120 SF |
Gross Land Area: | 0.07 Acres |
Sale Price: | $920,000 |
Unit Price: | $131,428.57 Per Unit |
Property Use Type: | Investment |
Sale Terms: | Cash to Seller |
Cap Rate: | 6.95% |
Last Updated: | 9/3/2024 |
Overview / Comments
Situated across from June Caron Park, Nashua River, at the corner of Cottage Avenue and Temple Place, this well-maintained and fully occupied 7-unit property comprises of 4 studios and 3 one-bedroom apartments, with one bathroom each. Recent updates to systems include: two new Forced Hot Air systems and two new boilers installed in 2023. Parking in front of the building and street parking available. Recent upgrades also include a new front staircase, a new multi-mail bow, and a new common area carpet. Situated just steps away from June Caron Park, residents enjoy easy access to green spaces for walks or picnics, while also being within close proximity to a vibrant downtown dining, shopping, and entertainment options that Nashua offers. Investors will appreciate the property's prime location and its potential for growth. Perfect for 1031 exchange. |
Attachments & Media
Financials
Finance Data Year | 2024 |
---|---|
Real Estate Taxes - Annual($) | $3,618 (Annual) |
Additional Details
Nearest MSA: | Manchester-Nashua |
County: | Hillsborough |
Tax ID/APN: | 0034-00038-0000 |
Zoning: | RC |
Percent Occupied: | 100% |
Property Located Between: | June Caron Park |
Site Description: | Located in the heart of historic Nashua, the area surrounding the property offers a vibrant blend of commerce and culture. Just steps away, professionals can explore the city's eclectic dining scene, unique boutiques, and art galleries. For a refreshing break, nearby scenic parks provide the perfect setting for relaxation or networking. |
Area Description: | The location also boasts easy access to major highways and public transportation, making for convenient commutes. Plus, top-notch amenities and renowned businesses within the vicinity add to the area's appeal. With its dynamic surroundings and thriving local business community, the area is an ideal locale for a modern office space. |
Total Number of Buildings: | 1 |
Number of Stories: | 2 |
Year Built: | 1900 |
Roof Type: | Gable |
Construction/Siding: | Vinyl Siding |
Parking Type: | Surface |
Parking Description: | Parking spaces in front of the property and street parking available |
Heat Type: | Natural Gas |
Heat Source: | Other |
Fuel: | Gas, Electric |
Air Conditioning: | Other |
Interior Description: | Some units received new paint and appliances, other units have had long-term tenants keeping up the condition. Two new Forced Hot Air systems and two new boilers were installed in 2023. Updates to common area including common area carpet. |
Lot Frontage: | 100 |
Water Service: | Municipal |
Sewer Type: | Municipal |
Land Ownership: | Fee Simple |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 21,724 | 86,512 | 127,074 |
Median Age: | 35.43 | 39.14 | 39.28 |
Households: | 9,161 | 34,198 | 49,679 |
Contact
![]() ![]() Viktoria V AlkovaCoastal Land & Commercial Group/KW Commercial at Keller Williams Coastal and Lakes & Mountains Realty NECPE Member![]() ![]() David M GarveyCoastal Land & Commercial Group/KW Commercial at Keller Williams Coastal and Lakes & Mountains Realty NECPE Member |
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