Renovated Duplex with Off-Street
For Sale
$549,900
4-6 foster Court, Nashua, NH 03064
Two vacant units provide flexible owner-occupant and rental arrangements in a fully updated property.
Property Size2,099 SF
Lot Size0.10 Acres
Price / SF$261.98
Days on Market19
Property Features for 4-6 foster Court
General Information
Standard status
Active
Size
2,099 SF
Total Parking Spaces
5
Lot size
0.10 Acres
Property subtype
Multi Family
Zoning
RB
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,026
Building Details
Year Built
1800
Year Renovated
2026
Stories
2
Listing Agency:
DiBiasio & Missiti LLC
Listed By:
Daniel DiBiasio
(617) 510-4610
Source:
Laerrealty
Added: Aug 21
Changed: Sep 8
Last Checked: Sep 8 at 5:42AM
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 DiBiasio & Missiti LLC
Investment Insights
Based on property information with market context.
This duplex contains two separate residences delivered vacant following extensive interior reconstruction in 2024. Unit 4 provides 3 bedrooms and 1,337 square feet, with an open living and dining area, built-in shelving, and an upper level. Unit 6 is a 762-square-foot, 1-bedroom townhouse-style residence. Both units received new kitchens, bathrooms, flooring, and interior finishes, along with updated electrical and plumbing serving the kitchens and baths. A newer furnace serves the property.
The exterior was replaced in 2026 with CertainTeed MainStreet vinyl siding, new front steps, updated window trim, entry door hoods, and a gambrel roofline. A private driveway and new perimeter fencing create five dedicated off-street parking spaces: three assigned to Unit 4 and two to Unit 6. The 0.10-acre property includes city water and sewer and is positioned on Foster Ct off Granite Street. Downtown Nashua restaurants and shops are walkable, with access to the Everett Turnpike and the Massachusetts border nearby.
The exterior was replaced in 2026 with CertainTeed MainStreet vinyl siding, new front steps, updated window trim, entry door hoods, and a gambrel roofline. A private driveway and new perimeter fencing create five dedicated off-street parking spaces: three assigned to Unit 4 and two to Unit 6. The 0.10-acre property includes city water and sewer and is positioned on Foster Ct off Granite Street. Downtown Nashua restaurants and shops are walkable, with access to the Everett Turnpike and the Massachusetts border nearby.
Key Highlights
- Two‑unit property delivered vacant after full interior renovation in 2024
- Unit 4: 3 bedrooms and 1,337 sq ft with open living and dining areas
- Unit 6: 1‑bedroom, 762 sq ft townhouse‑style residence
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
$30,824
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
5.61%
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%
$616,480
$616.5K
Cap Rate 7%
$440,343
$440.3K
Cap Rate 9%
$342,489
$342.5K
Market Conditions
NOI Build-Up for 2,099 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
$46.6K $22.20/SF
− Vacancy
−$2.6K −$1.22/SF
EGI
$44.0K $20.98/SF
− OpEx
−$13.2K −$6.29/SF
NOI
$30.8K $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%
$616,480
Cap Rate 7%
$440,343
Cap Rate 9%
$342,489
Alternative Uses
Best Use
Multifamily LT 5
$440.3K
$385.3K – $513.7K
NOI $30,824 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$408.0K
$357.0K – $476.0K
NOI $28,559 @ 7.0% cap · market cap 5.19%
Theoretical Best
Specialty Retail
$3.85M
$3.36M – $4.49M
NOI $269,197 @ 7.0% cap · market cap 48.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,126
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 - Two vacant units provide flexible owner-occupant and rental arrangements in a fully updated property.
Where is this duplex located?
The property is located at 4-6 foster Court 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: Two‑unit property delivered vacant after full interior renovation in 2024; Unit 4: 3 bedrooms and 1,337 sq ft with open living and dining areas; Unit 6: 1‑bedroom, 762 sq ft townhouse‑style residence
