Nashua Triplex Investment
14 Mulberry Street Nashua, NH 03060
14 Mulberry Street, Nashua, NH, 03060
$675,000
For Sale
$675,000
Well-maintained Nashua triplex with updated units and strong fundamentals.
Property Size2,962 SF
Price / SF$227.89
Days on Market123
Property Features for 14 Mulberry Street
General Information
- Standard status
- Active
- Size
- 2,962 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1868
Listing Agency
EXP Realty
(978) 482-7555
Listed by
Linton Scarlett
(978) 482-7555
Source
Compass
Added: Mar 19 Checked: Jul 19 at 4:48 am
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 EXP Realty
Investment Insights
Based on property information with market context.
This well-maintained three-family property in Nashua presents an investment opportunity. The property is in good condition and features updated units. Replacement windows are installed throughout. A 2016 roof with 35-year architectural shingles provides durability. The property has been de-leaded, with certificates and a report available. All units are currently occupied on a month-to-month basis, offering flexibility. Separate utilities are in place. A full walk-up attic provides storage space. The layout is appealing to both investors and owner-occupants. The property size is 2962 square feet.
Key Highlights
- Updated units and well‑maintained condition appealing to both investors and owner‑occupants.
- De‑leaded with certificates and report available, providing safety and peace of mind.
- 2016 roof with 35‑year architectural shingles.
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 | $65.8k | $22.20 |
| − Vacancy | −$3.6k | −$1.22 |
| EGI | $62.1k | $20.98 |
| − OpEx | −$18.6k | −$6.29 |
| NOI | $43.5k | $14.69 |
2,962 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$621.4K
$543.7K – $725.0K
NOI $43,498 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$575.7K
$503.8K – $671.7K
NOI $40,301 @ 7.0% cap · market cap 5.97%
Theoretical Best
Specialty Retail
$5.43M
$4.75M – $6.33M
NOI $379,877 @ 7.0% cap · market cap 56.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained Nashua triplex with updated units and strong fundamentals.
Where is this triplex located?
The property is located at 14 Mulberry Street Nashua, NH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Updated units and well‑maintained condition appealing to both investors and owner‑occupants.; De‑leaded with certificates and report available, providing safety and peace of mind.; 2016 roof with 35‑year architectural shingles.
