Two-Family Duplex with Separate Utility
For Sale
$574,900
101 Blossom Street, Nashua, NH 03060
MULTI_FAMILY - Other - Nashua, NH
Property Size1,561 SF
Lot Size0.11 Acres
Price / SF$368.29
Days on Market54
Property Features for 101 Blossom Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Basement, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2
Lot features
Level
Elementary school
Fairgrounds Elementary School
Middle school
Fairgrounds Middle School
High school
Nashua High School South
Elementary school district
Nashua School District
Middle school district
Nashua School District
High school district
Nashua School District
Directions
Kinsley Street onto Woodward left onto Blossom
Standard status
Active
Size
1,561 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6748
Utilities
Heating system
Electric (Heating), Forced Air
Water source
Public
Amenities
dedicated laundry
Building Details
Year built
1908
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX Innovative Properties · RE/MAX International
(603) 465-8800
Listed By:
Timothy Morgan · License #69597
(603) 589-8800
Added: Jun 18
Changed: Aug 2
Last Checked: Aug 10 at 4:06PM
MLS# 5095492
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 leased two-family duplex offers two separate living units with dedicated laundry and separate gas and electric meters. The first-floor unit includes two bedrooms and one bathroom, while the second-floor unit includes one bedroom and one bathroom. The property was built in 1908 and is heated with forced air and electric heating. It includes a basement, two bathrooms, and a shingle roof, with public water service.
The property is situated on a 0.11-acre lot and has an overall size of 1,561 square feet. The combination of separate meters and in-unit laundry support easy tenant separation within the duplex configuration.
For renters or owner-occupants evaluating a small-footprint multi-unit building in RB zoning, this setup provides clearly divided utility metering and unit-by-unit laundry access.
The property is situated on a 0.11-acre lot and has an overall size of 1,561 square feet. The combination of separate meters and in-unit laundry support easy tenant separation within the duplex configuration.
For renters or owner-occupants evaluating a small-footprint multi-unit building in RB zoning, this setup provides clearly divided utility metering and unit-by-unit laundry access.
Key Highlights
- Duplex with dedicated laundry for each unit
- Separate gas and electric meters for both units
- First‑floor unit: 2 bedrooms and 1 bathroom
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
$22,924
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
3.99%
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%
$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
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
$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 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%
$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
NOI $22,924 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$303.4K
$265.5K – $354.0K
NOI $21,239 @ 7.0% cap · market cap 3.69%
Theoretical Best
Specialty Retail
$2.86M
$2.50M – $3.34M
NOI $200,198 @ 7.0% cap · market cap 34.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
913
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family duplex in RB zoning with dedicated laundry and separate gas and electric meters.
Where is this duplex located?
The property is located at 101 Blossom Street 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: Duplex with dedicated laundry for each unit; Separate gas and electric meters for both units; First‑floor unit: 2 bedrooms and 1 bathroom
