11 Nevada St Nashua, NH 03060
Six-unit multifamily property with value-add potential in Nashua, NH.
Property size:
4,225 SFProperty Features for 11 Nevada St
General Information
- Size
- 4,225 SF
Building Details
- Year built
- 1920
Source:
Nerealtyadvisors
Listing 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
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.