Two-Family Residential Income
For Sale
$749,000
20 Abbott Street, Nashua, NH 03064
Spacious two-family residence offers flexible living arrangements with income potential in Nashua’s North End near daily amenities.
Property Size4,287 SF
Price / SF$174.71
Days on Market81
Property Features for 20 Abbott Street
General Information
Standard status
Active
Size
4,287 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1905
Listing Agency:
BHHS Verani Nashua
(617) 216-8003
Listed By:
Charlotte Marrocco-Mohler
(617) 216-8003
Source:
Compass
Added: May 20
Changed: Jul 10
Last Checked: Jul 24 at 4:34PM
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 BHHS Verani Nashua
Investment Insights
Based on property information with market context.
This 2-family home offers 17 rooms, including 5 bedrooms and 5 bathrooms, with a flexible floor plan designed to support multiple living situations. The layout is well-suited for owner-occupied use alongside rental income, or for operating the property as a full residential income investment. With expansive living areas and multiple configurations, the home can also accommodate extended families or multi-generational living needs.
The property is located in Nashua’s North End and is positioned near restaurants, shopping, parks, schools, hospitals, and major commuter routes, supporting convenient access to everyday destinations and regional travel.
For buyers seeking a versatile residential income asset, this home provides a practical way to structure occupancy and tenancy across two units while maintaining a broader, flexible overall configuration. Interested parties should plan to tour during the scheduled open houses or arrange a private showing to review the specific room-by-room layout and unit options. Offers are due Monday, June 15th, at 10:00 AM.
The property is located in Nashua’s North End and is positioned near restaurants, shopping, parks, schools, hospitals, and major commuter routes, supporting convenient access to everyday destinations and regional travel.
For buyers seeking a versatile residential income asset, this home provides a practical way to structure occupancy and tenancy across two units while maintaining a broader, flexible overall configuration. Interested parties should plan to tour during the scheduled open houses or arrange a private showing to review the specific room-by-room layout and unit options. Offers are due Monday, June 15th, at 10:00 AM.
Key Highlights
- Spacious 2‑family home with 17 rooms, 5 bedrooms, and 5 bathrooms plus a flexible floor plan
- Full basement with interior access
- Heating: natural gas forced air
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
$62,956
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
8.41%
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%
$1,259,120
$1.3M
Cap Rate 7%
$899,371
$899.4K
Cap Rate 9%
$699,511
$699.5K
Market Conditions
NOI Build-Up for 4,287 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
$95.2K $22.20/SF
− Vacancy
−$5.2K −$1.22/SF
EGI
$89.9K $20.98/SF
− OpEx
−$27.0K −$6.29/SF
NOI
$63.0K $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%
$1,259,120
Cap Rate 7%
$899,371
Cap Rate 9%
$699,511
Alternative Uses
Best Use
Multifamily LT 5
$899.4K
$787.0K – $1.05M
NOI $62,956 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$833.3K
$729.1K – $972.1K
NOI $58,328 @ 7.0% cap · market cap 7.79%
Theoretical Best
Specialty Retail
$7.85M
$6.87M – $9.16M
NOI $549,808 @ 7.0% cap · market cap 73.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,650
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
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 - Spacious two-family residence offers flexible living arrangements with income potential in Nashua’s North End near daily amenities.
Where is this duplex located?
The property is located at 20 Abbott Street Nashua, NH.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Spacious 2‑family home with 17 rooms, 5 bedrooms, and 5 bathrooms plus a flexible floor plan; Full basement with interior access; Heating: natural gas forced air
