Duplex With Detached
New
For Sale
$549,900
22 Kinsley Street, Nashua, NH 03060
Multi-Family, Nashua, NH
Property Size2,862 SF
Lot Size0.12 Acres
Price / SF$192.14
Days on Market7
Property Features for 22 Kinsley Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RC
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Basement, Bedroom 3, Bathroom 2
Parking features
Off Street, Driveway
Patio and Porch features
Porch
Exterior features
Balcony, Partial Fence, Porch
Fencing
Partial
Appliances
Gas Water Heater, Tank Water Heater
Lot features
Near Shopping, Neighborhood, Near Public Transport
Standard status
Active
Size
2,862 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7348
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1860
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile - Ceramic, Carpet
Building materials
Wood Frame, Other Exterior
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
Coldwell Banker Realty Bedford NH · Coldwell Banker Real Estate
(603) 471-0777
Listed By:
Cheryle West
(603) 848-9559
Added: Sep 17
Last Checked: Sep 23 at 2:06AM
MLS# 5110271
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Colonial duplex contains 2,862 square feet on a 0.12-acre lot and was built in 1860. The first residence includes three bedrooms, an eat-in kitchen, living room, and full bath; the second offers two bedrooms, a living room, dining room, laundry area, and full bath. Each unit has separate utilities, while the owner pays water and sewer. Current improvements include updated roof work and newer hot water heaters, with prior electrical and replacement-window updates also noted. Hardwood, ceramic tile, and carpet flooring are present, along with forced-air natural gas heat and a shingle roof.
The property includes 4+ tandem off-street parking spaces and a detached 2-car garage. A porch, balcony, partial fencing, public water, and the RC zoning designation are also part of the property. Both units are occupied by long-term tenants. The address is within walking distance of downtown Nashua and close to public transportation, restaurants, local shops, City Hall, and S.N.H Medical Center.
The property includes 4+ tandem off-street parking spaces and a detached 2-car garage. A porch, balcony, partial fencing, public water, and the RC zoning designation are also part of the property. Both units are occupied by long-term tenants. The address is within walking distance of downtown Nashua and close to public transportation, restaurants, local shops, City Hall, and S.N.H Medical Center.
Key Highlights
- 2,862‑square‑foot duplex on a 0.12‑acre lot
- Two units with 3‑bedroom and 2‑bedroom layouts
- Separate utilities for each unit; owner pays water and sewer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,029
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$840,580
$840.6K
Cap Rate 7%
$600,414
$600.4K
Cap Rate 9%
$466,989
$467.0K
Market Conditions
NOI Build-Up for 2,862 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$63.5K $22.20/SF
− Vacancy
−$3.5K −$1.22/SF
EGI
$60.0K $20.98/SF
− OpEx
−$18.0K −$6.29/SF
NOI
$42.0K $14.69/SF
Area
Hillsborough County, NH
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$840,580
Cap Rate 7%
$600,414
Cap Rate 9%
$466,989
Alternative Uses
Best Use
Multifamily LT 5
$600.4K
$525.4K – $700.5K
NOI $42,029 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$556.3K
$486.8K – $649.0K
NOI $38,940 @ 7.0% cap · market cap 7.08%
Theoretical Best
Specialty Retail
$5.24M
$4.59M – $6.12M
NOI $367,052 @ 7.0% cap · market cap 66.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,790
Businesses Nearby
Explore this area
Business Placement
Demographics for 03060, NH
31,251
Population
13,003
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
6.6 sq mi
ZIP Area
4,735
Density / Sq Mi
$78,068
Median Household Income
$44,628
Median Earnings
$1,539
Median Rent
$338,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Occupied two-unit property with separately metered utilities, off-street parking, and a detached garage.
Where is this duplex located?
The property is located at 22 Kinsley Street Nashua, NH.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 2,862‑square‑foot duplex on a 0.12‑acre lot; Two units with 3‑bedroom and 2‑bedroom layouts; Separate utilities for each unit; owner pays water and sewer
