Two-Unit Residential Income
101 Blossom Street Nashua, NH 03060
101 Blossom Street, Nashua, NH, 03060
$599,900
For Sale
$599,900
Leased two-family duplex with separate utility metering and dedicated laundry for each unit.
Property Size1,561 SF
Price / SF$384.30
Days on Market22
Property Features for 101 Blossom Street
General Information
- Standard status
- Active
- Size
- 1,561 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1908
Listing agency
RE/MAX Innovative Properties
(603) 769-1571
Listed by
Timothy Morgan · License #69597
Source
Laerrealty
Added: Jun 30 Updated: Jul 10 at 2:09PM Checked: Jul 21 at 3:07AM
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 RE/MAX Innovative Properties
Investment Insights
Based on property information with market context.
This leased two-family duplex offers two separate residential units with dedicated laundry for each unit. The first-floor unit features 2 bedrooms and 1 bathroom, while the second-floor unit includes 1 bedroom and 1 bathroom. Both units also have separate gas and electric meters, supporting distinct utility management for each household.
Located in Nashua, this property is described as being in a high-demand area, and it is positioned at 101 Blossom Street.
For tenants or buyers seeking a small residential income asset, the clear unit separation, dedicated laundry, and individual gas and electric meters can simplify operations and improve everyday convenience. The property is currently leased, with rent performance noted in the remarks, and it presents a straightforward two-unit layout suitable for an owner-operator or investor looking to manage a duplex with independent utility service.
Located in Nashua, this property is described as being in a high-demand area, and it is positioned at 101 Blossom Street.
For tenants or buyers seeking a small residential income asset, the clear unit separation, dedicated laundry, and individual gas and electric meters can simplify operations and improve everyday convenience. The property is currently leased, with rent performance noted in the remarks, and it presents a straightforward two-unit layout suitable for an owner-operator or investor looking to manage a duplex with independent utility service.
Key Highlights
- Leased 2‑family duplex built in 1908
- First‑floor unit: 2 bedrooms, 1 bathroom
- Second‑floor unit: 1 bedroom, 1 bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.7k | $22.20 |
| − Vacancy | −$1.9k | −$1.22 |
| EGI | $32.7k | $20.98 |
| − OpEx | −$9.8k | −$6.29 |
| NOI | $22.9k | $14.69 |
1,561 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$327.5K
$286.6K – $382.1K
NOI $22,924 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$303.4K
$265.5K – $354.0K
NOI $21,239 @ 7.0% cap · market cap 3.54%
Theoretical Best
Specialty Retail
$2.86M
$2.50M – $3.34M
NOI $200,198 @ 7.0% cap · market cap 33.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Leased two-family duplex with separate utility metering and dedicated laundry for each unit.
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 $599,900.
What are key features of this property?
This property features: Leased 2‑family duplex built in 1908; First‑floor unit: 2 bedrooms, 1 bathroom; Second‑floor unit: 1 bedroom, 1 bathroom
