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Multi-Family Property Near Downtown

18-20 Maple Street Nashua, NH 03064

18-20 Maple Street, Nashua, NH, 03064
$480,000
For Sale
$480,000

Multi-family property with adjacent parking, close to shopping and dining, with quick access to the highway.

Property Size2,604 SF
Lot Size0.04 Acres
Price / SF$184.33
Days on Market200

Property Features for 18-20 Maple Street

General Information

Standard status
Active
Size
2,604 SF
Lot size
0.04 Acres
Property subtype
Multi-family

Building Details

Year Built
1880
Listing Agency Century 21 Cardinal
Listed by Rick Cardinal
Source Bigislandre
Added: Dec 30, 2025 Checked: Jul 17 at 11:41 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 Century 21 Cardinal


Investment Insights

Based on property information with market context.

This multi-family property offers a good-sized residential income configuration on Maple Street. The property is being sold “AS IS,” and the listing notes that the included lot size is approximately 0.036. An adjacent parking lot supports day-to-day use for residents and visitors.

The property is positioned close to downtown shopping and dining, with fast access to the highway for convenient commuting and travel. Off-street parking is available through the lot adjacent to the property, which can help reduce parking friction for tenants.

For buyers seeking a straightforward residential income asset, this listing may fit a range of owner-occupant or investor strategies. The seller specifically indicates the property has generated income, and the “AS IS” sale terms mean prospective buyers should plan to complete their own due diligence regarding condition and operating details.

Key Highlights

  • Multi‑family property built in 1880
  • Adjacent parking lot available next to the property
  • Sold "AS IS"; lot size listed as .036

Local Financial Insights For Apartment 5plus

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 $67.8k $26.04
− Vacancy −$3.4k −$1.30
EGI $64.4k $24.74
− OpEx −$29.0k −$11.13
NOI $35.4k $13.61
2,604 SF · lease $26.04/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$506.1K
$442.9K – $590.5K (±1% cap)
NOI $35,430 @ 7.0% cap · market cap 7.38%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$4.77M
$4.17M – $5.57M (±1% cap)
NOI $333,963 @ 7.0% cap · market cap 69.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Catering Service (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Pet Grooming Service Butcher Locksmith Garden Center Carpet & Flooring Store Fish Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Multi-family property with adjacent parking, close to shopping and dining, with quick access to the highway.
Where is this multifamily property located?
The property is located at 18-20 Maple Street Nashua, NH.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Multi‑family property built in 1880; Adjacent parking lot available next to the property; Sold "AS IS"; lot size listed as .036
Contact an agent
More about this property
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