Two-Unit Duplex with Three-Car
17 Norton Street, Nashua, NH 03064
For Sale
New
$599,900
Both residences offer three bedrooms, a full bath, and laundry hookups, with separate utilities serving the units.
Property Size2,580 SF
Price / SF$232.52
Days on Market2
Property Features for 17 Norton Street
General Information
Standard status
Size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
garage
laundry hook ups
patio
private yard
Building Details
Year Built
Buildings
Stories
Listing Agency:
RE/MAX Innovative Properties
Listed By:
Ken Purtell
(978) 273-6936
Source:
Laerrealty
Added: Nov 6
Last Checked: Nov 6 at 2:38PM
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
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Investment Insights
Based on property information with market context.
This 2,580-square-foot duplex, built in 1964, contains two three-bedroom residences, each with one full bathroom and laundry hookups. The upper apartment includes a dining room, updated kitchen, newer flooring, gas heaters, and a mini-split serving the primary bedroom. The lower apartment has living and dining rooms, a kitchen, natural-gas FHA heat, and access to a patio. RB zoning applies to the property.
A three-car garage, off-street parking, and a landscaped private yard are part of the property. The address is 17 Norton Street in Nashua, close to downtown, highways, shops, and restaurants.
A three-car garage, off-street parking, and a landscaped private yard are part of the property. The address is 17 Norton Street in Nashua, close to downtown, highways, shops, and restaurants.
Key Highlights
- Two 3‑bedroom, 1‑bath residences, each with laundry hookups
- 2,580 square feet; built in 1964
- Three‑car garage and off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,888
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,760
$757.8K
Cap Rate 7%
$541,257
$541.3K
Cap Rate 9%
$420,978
$421.0K
Market Conditions
NOI Build-Up for 2,580 SF
Gross rent
$57.3K $22.20/SF
− Vacancy
−$3.2K −$1.22/SF
EGI
$54.1K $20.98/SF
− OpEx
−$16.2K −$6.29/SF
NOI
$37.9K $14.69/SF
Area
Hillsborough County, NH
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,760
Cap Rate 7%
$541,257
Cap Rate 9%
$420,978
Alternative Uses
Best Use
Multifamily LT 5
$541.3K
$473.6K – $631.5K
NOI $37,888 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$501.5K
$438.8K – $585.1K
NOI $35,103 @ 7.0% cap · market cap 5.85%
Theoretical Best
Specialty Retail
$4.73M
$4.14M – $5.51M
NOI $330,885 @ 7.0% cap · market cap 55.16%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,704
Businesses Nearby
Explore this area
Business Placement
Demographics for 03064, NH
15,069
Population
6,671
Households
2.3
Avg Household Size
41
Median Age
40%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,675
Density / Sq Mi
$91,528
Median Household Income
$48,412
Median Earnings
$1,439
Median Rent
$382,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Nashua, NH
Properties on Market for Duplexes in Nashua
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer three bedrooms, a full bath, and laundry hookups, with separate utilities serving the units.
Where is this duplex located?
The property is located at 17 Norton 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: Two 3‑bedroom, 1‑bath residences, each with laundry hookups; 2,580 square feet; built in 1964; Three‑car garage and off‑street parking
