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    11 Nevada St Nashua, NH 03060

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    For Sale
    $950,000

    Six-unit multifamily property with value-add potential in Nashua, NH.

    Property size:
    4,225 SF

    Property Features for 11 Nevada St

    General Information

    Size
    4,225 SF

    Building Details

    Year built
    1920

    Source: Brad Carlson Agent Brad Carlson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Nashua Multifamily Investment Opportunity

    The Nevada Street Apartments, located at 11 Nevada St in Nashua, NH, is a six-unit multifamily property. The property consists of six apartments, each featuring two bedrooms, a kitchen, a living room, and a bathroom. The current owner has upgraded the electrical systems and kitchens, and installed a new roof in 2022. Rents are currently below market rate, presenting an opportunity for investors to increase rents to market rate. Comparable two-bedroom apartments in the area rent for a minimum of $1800 per month. The property includes six off-street parking spaces. Tenants are responsible for their own gas and electricity utilities. Nashua is a city in southern New Hampshire with a thriving economy and diverse communities. The city offers outdoor spaces and a downtown area with shops, restaurants, and cultural attractions. Its location provides access to Boston and the landscapes of New Hampshire. The property offers a value-add opportunity with separate tenant-paid utilities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nashua
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.467101
    Latitude
    42.7519973

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property with value-add potential in Nashua, NH.
    Where is this apartment building located?
    The property is located at 11 Nevada St Nashua, NH.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Significant Value-Add Opportunity: Increase rental income with current below-market rents.; - Six Off-Street Parking Spaces: Convenient parking for tenants.; - Tenant-Paid Utilities: Reduces owner expenses.
    (781) 334-8044
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    Nashua, NH 03060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Nevada St Nashua, NH 03060
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