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    38 Central St Nashua, NH 03060

    For Sale
    $905,000

    Six-unit multifamily property with stable rent history and long-term tenants.

    Lot size:
    0.23 Acres

    Property Features for 38 Central St

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1945

    Source: Greatland Real Estate LLC Agent Amy Liu

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

    Overview

    Six-Unit Multifamily Investment Property

    This investment property features two buildings on a single deed, comprising a total of six units. The front building includes two 2-bedroom units, while the back building offers four 3-bedroom units, totaling 16 bedrooms and 6 full baths. Kitchen and bath updates have been completed. All units are currently occupied, demonstrating a stable rent history with long-term tenants. The property is situated in an inner-city location near Broad Street Parkway, with a city bus stop located at the property's front gate. A curb cut with gated fencing allows for multi-purpose yard use. The property is being sold with tenants and in as-is condition. Note: licensee interest.
    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
    -71.4709571
    Latitude
    42.7581015

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property with stable rent history and long-term tenants.
    Where is this apartment building located?
    The property is located at 38 Central St Nashua, NH.
    What is the asking price?
    The asking price for this property is $905,000.
    What are key features of this property?
    This property features: - Solid investment property featuring two buildings and six units on a single deed.; - All units are currently occupied with a stable rent history and long-term tenants.; - Ideal inner-city location near Broad Street Parkway, with a city bus stop conveniently located at the property's front gate.
    (978) 761-2733
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    38 Central St 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
    38 Central St Nashua, NH 03060
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