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58 Amherst Street, Nashua, NH, 03064
Owner-Cared Two-Family Home

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
Listed By: Maurice Robichaud
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.

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 (±1% cap)
NOI $32,719 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$433.1K
$378.9K – $505.2K (±1% cap)
NOI $30,314 @ 7.0% cap · market cap 5.27%
Theoretical Best
Specialty Retail
$4.08M
$3.57M – $4.76M (±1% cap)
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

Suggested Use

HVAC Service Locksmith Catering Service Pet Grooming Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Veterinary Clinic Butcher Pet Store Pet Store & Service

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

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
More about this property
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