Multifamily Property Near
For Sale
$399,900
18-20 Maple St, Nashua, NH 03064
Includes recently installed flooring in one unit and an adjacent parking lot.
Property Size2,604 SF
Lot Size0.04 Acres
Price / SF$153.57
Days on Market52
Property Features for 18-20 Maple St
General Information
Standard status
Active
Size
2,604 SF
Lot size
0.04 Acres
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Building Details
Year Built
1880
Listing Agency:
Century 21 Cardinal
Listed By:
Rick Cardinal
(603) 930-3052
Source:
Lyvrealty
Added: Sep 4
Changed: Oct 1
Last Checked: Oct 7 at 3:58PM
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 Century 21 Cardinal
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property contains 2,604 square feet and dates to 1880. The sale is offered in as-is condition, with new flooring installed in one of the units.
The property is located near downtown shopping and dining in Nashua, with highway access described as fast. An adjacent parking lot provides nearby parking. The reported lot size is .036.
The property is located near downtown shopping and dining in Nashua, with highway access described as fast. An adjacent parking lot provides nearby parking. The reported lot size is .036.
Key Highlights
- 2,604‑square‑foot multifamily property
- Built in 1880
- New flooring recently installed in one unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,430
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,600
$708.6K
Cap Rate 7%
$506,143
$506.1K
Cap Rate 9%
$393,667
$393.7K
Market Conditions
NOI Build-Up for 2,604 SF
Gross rent
$67.8K $26.04/SF
− Vacancy
−$3.4K −$1.30/SF
EGI
$64.4K $24.74/SF
− OpEx
−$29.0K −$11.13/SF
NOI
$35.4K $13.61/SF
Area
Hillsborough County, NH
Vacancy
5.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,600
Cap Rate 7%
$506,143
Cap Rate 9%
$393,667
Alternative Uses
Best Use
Apartment 5plus
$506.1K
$442.9K – $590.5K
NOI $35,430 @ 7.0% cap · market cap 8.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.77M
$4.17M – $5.57M
NOI $333,963 @ 7.0% cap · market cap 83.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,790
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Includes recently installed flooring in one unit and an adjacent parking lot.
Where is this multifamily property located?
The property is located at 18-20 Maple St Nashua, NH.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2,604‑square‑foot multifamily property; Built in 1880; New flooring recently installed in one unit
