Triplex with Three-Car
For Sale
$599,000
58 Temple St, Nashua, NH 03060
Three-unit property with a townhouse-style residence, detached garage, fenced rear yard, and off-street parking.
Property Size1,949 SF
Price / SF$307.34
Days on Market20
Property Features for 58 Temple St
General Information
Standard status
Active
Size
1,949 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 1BR, 1 x 2BR, 1 x 3BR
Multifamily Units
3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,855
Amenities
fenced rear yard
Listing Agency:
EXP Realty
(978) 746-1431
Listed By:
Joshua Poitras
(978) 746-1431
Source:
Exprealty
Added: Aug 5
Changed: Aug 23
Last Checked: Aug 23 at 6:40AM
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 EXP Realty
Investment Insights
Based on property information with market context.
This 1900-built triplex contains one 1-bedroom unit, one 2-bedroom unit, and a townhouse-style 3-bedroom unit. The 3-bedroom residence is vacant, while the other two units generate rental income. A detached three-car garage provides additional income potential, and the property also includes ample off-street parking and a fenced rear yard. The steam boiler serving the 3-bedroom unit has been recently replaced.
Located minutes from Downtown Nashua, the property offers access to restaurants, entertainment, parks, the Nashua River, walking and biking trails, shopping, and highway connections. The location has a Walk Score of 58 and a Bike Score of 53.
Located minutes from Downtown Nashua, the property offers access to restaurants, entertainment, parks, the Nashua River, walking and biking trails, shopping, and highway connections. The location has a Walk Score of 58 and a Bike Score of 53.
Key Highlights
- Triplex with one 1‑bedroom, one 2‑bedroom, and one townhouse‑style 3‑bedroom unit
- Vacant 3‑bedroom unit; the other two units generate rental income
- Detached three‑car garage provides additional income potential
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
$28,622
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
4.78%
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%
$572,440
$572.4K
Cap Rate 7%
$408,886
$408.9K
Cap Rate 9%
$318,022
$318.0K
Market Conditions
NOI Build-Up for 1,949 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
$43.3K $22.20/SF
− Vacancy
−$2.4K −$1.22/SF
EGI
$40.9K $20.98/SF
− OpEx
−$12.3K −$6.29/SF
NOI
$28.6K $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%
$572,440
Cap Rate 7%
$408,886
Cap Rate 9%
$318,022
Alternative Uses
Best Use
Multifamily LT 5
$408.9K
$357.8K – $477.0K
NOI $28,622 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$378.8K
$331.5K – $442.0K
NOI $26,518 @ 7.0% cap · market cap 4.43%
Theoretical Best
Specialty Retail
$3.57M
$3.12M – $4.17M
NOI $249,959 @ 7.0% cap · market cap 41.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,699
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?
Triplex - Three-unit property with a townhouse-style residence, detached garage, fenced rear yard, and off-street parking.
Where is this triplex located?
The property is located at 58 Temple St Nashua, NH.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Triplex with one 1‑bedroom, one 2‑bedroom, and one townhouse‑style 3‑bedroom unit; Vacant 3‑bedroom unit; the other two units generate rental income; Detached three‑car garage provides additional income potential
