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Two-Unit Residential Income Duplex
For Sale
$574,900

101 Blossom St, Nashua, NH 03060

Leased two-family duplex with separate utility metering and dedicated laundry for each unit.

Property Size1,561 SF
Price / SF$368.29
Days on Market99

Property Features for 101 Blossom St

General Information

Standard status Active
Size 1,561 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1908
Listing Agency: RE/MAX Innovative Properties
Listed By: Timothy Morgan · License #69597
Source: Reyeshometeam
Added: Jun 30 Changed: Sep 28 Last Checked: Oct 4 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Innovative Properties

Investment Insights

Based on property information with market context.

This leased two-family duplex offers two separate residential units with dedicated laundry for each unit. The first-floor unit features 2 bedrooms and 1 bathroom, while the second-floor unit includes 1 bedroom and 1 bathroom. Both units also have separate gas and electric meters, supporting distinct utility management for each household.

Located in Nashua, this property is described as being in a high-demand area, and it is positioned at 101 Blossom Street.

For tenants or buyers seeking a small residential income asset, the clear unit separation, dedicated laundry, and individual gas and electric meters can simplify operations and improve everyday convenience. The property is currently leased, with rent performance noted in the remarks, and it presents a straightforward two-unit layout suitable for an owner-operator or investor looking to manage a duplex with independent utility service.

Key Highlights

  • Leased 2‑family duplex built in 1908
  • First‑floor unit: 2 bedrooms, 1 bathroom
  • Second‑floor unit: 1 bedroom, 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,924
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,480 $458.5K
Cap Rate 7%
$327,486 $327.5K
Cap Rate 9%
$254,711 $254.7K
Market Conditions
NOI Build-Up for 1,561 SF
Gross rent
$34.7K $22.20/SF
− Vacancy
−$1.9K −$1.22/SF
EGI
$32.7K $20.98/SF
− OpEx
−$9.8K −$6.29/SF
NOI
$22.9K $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 Rate 5%
$458,480
Cap Rate 7%
$327,486
Cap Rate 9%
$254,711

Alternative Uses

Best Use
Multifamily LT 5
$327.5K
$286.6K – $382.1K (±1% cap)
NOI $22,924 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$303.4K
$265.5K – $354.0K (±1% cap)
NOI $21,239 @ 7.0% cap · market cap 3.69%
Theoretical Best
Specialty Retail
$2.86M
$2.50M – $3.34M (±1% cap)
NOI $200,198 @ 7.0% cap · market cap 34.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Butcher Garden Center Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Leased two-family duplex with separate utility metering and dedicated laundry for each unit.
Where is this duplex located?
The property is located at 101 Blossom St Nashua, NH.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: Leased 2‑family duplex built in 1908; First‑floor unit: 2 bedrooms, 1 bathroom; Second‑floor unit: 1 bedroom, 1 bathroom
More about this property
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