Owner-Cared Two-Family
58 Amherst Street Nashua, NH 03064
For Sale
$575,000
Two-family property features in-unit functionality with an on-site laundry room and off-street parking.
Property Size2,228 SF
Price / SF$258.08
Days on Market92
Property Features for 58 Amherst Street
General Information
- Standard status
- Active
- Size
- 2,228 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing Agency:
Arris Realty
(603) 966-3409
Listed By:
Maurice Robichaud
(603) 966-3409
Source:
Compass
Added: Apr 26
Changed: Jul 21
Last Checked: Jul 23 at 10:03AM
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 Arris Realty
Investment Insights
Based on property information with market context.
This owner-cared-for two-family home has been held in the same family for over 80 years and offers two spacious, functional units. The property includes an on-site laundry room for tenant convenience. Outside, there is an oversized, fenced-in yard suitable for outdoor use. Updates and infrastructure include irrigation, two newer hot water heaters, and newer heating systems.
The home is located in a convenient Nashua setting directly across the street from Sargents Park, Nashua Central Pool, and the baseball stadium, with outdoor recreation and community amenities nearby. The property also provides easy access to Route 3 and is close to shopping and schools. Tenants are currently at will.
Showings are delayed until the scheduled open houses on Saturday, May 2, 2026 from 11:00 AM to 2:00 PM and Sunday, May 3, 2026 from 11:00 AM to 2:00 PM.
The home is located in a convenient Nashua setting directly across the street from Sargents Park, Nashua Central Pool, and the baseball stadium, with outdoor recreation and community amenities nearby. The property also provides easy access to Route 3 and is close to shopping and schools. Tenants are currently at will.
Showings are delayed until the scheduled open houses on Saturday, May 2, 2026 from 11:00 AM to 2:00 PM and Sunday, May 3, 2026 from 11:00 AM to 2:00 PM.
Key Highlights
- Owner‑cared‑for two‑family home held in the same family for 80+ years
- 2‑unit home with 2 full baths and 10 rooms above ground; 2 refrigerators and 2 water heaters
- Natural gas heating; basement is walk‑up access and unfinished
Financial Insights For Multifamily LT 5
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 | $49.5k | $22.20 |
| − Vacancy | −$2.7k | −$1.22 |
| EGI | $46.7k | $20.98 |
| − OpEx | −$14.0k | −$6.29 |
| NOI | $32.7k | $14.69 |
2,228 SF · lease $22.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$467.4K
$409.0K – $545.3K
NOI $32,719 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$433.1K
$378.9K – $505.2K
NOI $30,314 @ 7.0% cap · market cap 5.27%
Theoretical Best
Specialty Retail
$4.08M
$3.57M – $4.76M
NOI $285,741 @ 7.0% cap · market cap 49.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family property features in-unit functionality with an on-site laundry room and off-street parking.
Where is this duplex located?
The property is located at 58 Amherst Street Nashua, NH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Owner‑cared‑for two‑family home held in the same family for 80+ years; 2‑unit home with 2 full baths and 10 rooms above ground; 2 refrigerators and 2 water heaters; Natural gas heating; basement is walk‑up access and unfinished