Two-Unit Duplex with
For Sale
$549,900
Pending
20-22 Wilder Street, Nashua, NH 03060
Includes separate two-bedroom and three-bedroom apartments with individual utilities and off-street parking.
Property Size2,550 SF
Days on Market291
Property Features for 20-22 Wilder Street
General Information
Standard status
Pending
Size
2,550 SF
Property subtype
Multi Family
Zoning
res
Taxes and HOA fees
Annual Taxes
$7,764
Amenities
Curbside
Hot Water
Yes
2
1
Interior
Bulkhead, Full, Unfinished, Interior Access, Exterior Access, Basement Stairs
11
Asphalt Shingle
Wood Frame, Aluminum Siding
Building Details
Year Built
1900
Listing Agency:
Ruo & Haschig Realty Inc.
(603) 533-9088
Listed By:
Rick Ruo
(603) 533-9088
Source:
Compass
Added: Nov 13, 2025
Changed: Aug 30
Last Checked: Aug 30 at 4:52PM
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 Ruo & Haschig Realty Inc.
Investment Insights
Based on property information with market context.
This 2,550-square-foot duplex, built in 1900, contains one two-bedroom apartment and one three-bedroom apartment. Each unit has separate utilities. Property improvements include a 3-year-old roof, upgraded electrical panels, replacement windows, and an unfinished basement with both interior and exterior access. Off-street parking accommodates four cars.
The property is located at 20-22 Wilder Street in Nashua, positioned west of downtown with walkable access to the city center and proximity to the turnpike. Existing month-to-month tenants would like to remain, and showings require a minimum of 24 hours’ notice. The property is zoned residential.
The property is located at 20-22 Wilder Street in Nashua, positioned west of downtown with walkable access to the city center and proximity to the turnpike. Existing month-to-month tenants would like to remain, and showings require a minimum of 24 hours’ notice. The property is zoned residential.
Key Highlights
- 2,550‑square‑foot duplex with one 2‑bedroom unit and one 3‑bedroom unit
- Separate utilities serve each apartment
- 3‑year‑old roof, upgraded electric panels, and replacement windows
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,448
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$748,960
$749.0K
Cap Rate 7%
$534,971
$535.0K
Cap Rate 9%
$416,089
$416.1K
Market Conditions
NOI Build-Up for 2,550 SF
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.
Gross rent
$56.6K $22.20/SF
− Vacancy
−$3.1K −$1.22/SF
EGI
$53.5K $20.98/SF
− OpEx
−$16.0K −$6.29/SF
NOI
$37.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$748,960
Cap Rate 7%
$534,971
Cap Rate 9%
$416,089
Alternative Uses
Best Use
Multifamily LT 5
$535.0K
$468.1K – $624.1K
NOI $37,448 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$495.6K
$433.7K – $578.3K
NOI $34,695 @ 7.0% cap · market cap 6.31%
Theoretical Best
Specialty Retail
$4.67M
$4.09M – $5.45M
NOI $327,038 @ 7.0% cap · market cap 59.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,471
Businesses Nearby
Explore this area
Business Placement
Demographics for 03060, NH
31,251
Population
13,003
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
6.6 sq mi
ZIP Area
4,735
Density / Sq Mi
$78,068
Median Household Income
$44,628
Median Earnings
$1,539
Median Rent
$338,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Includes separate two-bedroom and three-bedroom apartments with individual utilities and off-street parking.
Where is this duplex located?
The property is located at 20-22 Wilder Street Nashua, NH.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 2,550‑square‑foot duplex with one 2‑bedroom unit and one 3‑bedroom unit; Separate utilities serve each apartment; 3‑year‑old roof, upgraded electric panels, and replacement windows
