New Construction Duplex with
For Sale
$1,199,000
106 Lock St, Nashua, NH 03064
Two three-bedroom units feature open living areas, full basements, second-floor laundry, and contemporary kitchens.
Property Size3,600 SF
Price / SF$333.06
Days on Market107
Property Features for 106 Lock St
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Building Details
Year Built
2025
Listing Agency:
Realty One Group Reliant
Listed By:
Amie L Ceder-Bracey
(603) 490-4743
Source:
Lyvrealty
Added: Jun 30
Changed: Oct 14
Last Checked: Oct 12 at 9:47PM
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 Realty One Group Reliant
Investment Insights
Based on property information with market context.
Completed in 2025, this 3,600-square-foot duplex contains two three-bedroom units, each with 2.5 baths and bright open-concept living space. Interior finishes include light wood cabinetry, white quartz countertops, and soft brass hardware. Both units also include second-floor laundry and two-car garages, while full basements provide additional space with potential for future finishing.
The property is located in Nashua, NH, with access to parks, shopping, and major routes. R zoning supports the duplex configuration identified in the property information. A 1-year builder warranty is included.
The property is located in Nashua, NH, with access to parks, shopping, and major routes. R zoning supports the duplex configuration identified in the property information. A 1-year builder warranty is included.
Key Highlights
- Two‑family duplex completed in 2025 with 3,600 square feet
- Each unit offers 3 bedrooms and 2.5 baths
- Two‑car garages, second‑floor laundry, and full basements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,867
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,057,340
$1.1M
Cap Rate 7%
$755,243
$755.2K
Cap Rate 9%
$587,411
$587.4K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$79.9K $22.20/SF
− Vacancy
−$4.4K −$1.22/SF
EGI
$75.5K $20.98/SF
− OpEx
−$22.7K −$6.29/SF
NOI
$52.9K $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%
$1,057,340
Cap Rate 7%
$755,243
Cap Rate 9%
$587,411
Alternative Uses
Best Use
Multifamily LT 5
$755.2K
$660.8K – $881.1K
NOI $52,867 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$699.7K
$612.3K – $816.4K
NOI $48,981 @ 7.0% cap · market cap 4.09%
Theoretical Best
Specialty Retail
$6.60M
$5.77M – $7.70M
NOI $461,700 @ 7.0% cap · market cap 38.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,060
Businesses Nearby
Explore this area
Business Placement
Demographics for 03064, NH
15,069
Population
6,671
Households
2.3
Avg Household Size
41
Median Age
40%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,675
Density / Sq Mi
$91,528
Median Household Income
$48,412
Median Earnings
$1,439
Median Rent
$382,000
Median Home Value
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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 - Two three-bedroom units feature open living areas, full basements, second-floor laundry, and contemporary kitchens.
Where is this duplex located?
The property is located at 106 Lock St Nashua, NH.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two‑family duplex completed in 2025 with 3,600 square feet; Each unit offers 3 bedrooms and 2.5 baths; Two‑car garages, second‑floor laundry, and full basements
