Two-Unit
7 - 7 1/2 Martin St, Nashua, NH 03064
For Sale
$420,000
Each residence has three bedrooms and one full bathroom, with public water and sewer service.
Property Size2,170 SF
Price / SF$193.55
Days on Market13
Property Features for 7 - 7 1/2 Martin St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Building Details
Year Built
Units
Listed By:
Virginia Kazlouskas Gregory
(603) 883-8840
Source:
Elliman
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 7 at 7:03PM
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 Virginia Kazlouskas Gregory
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains approximately 2,170 square feet across two residences, each configured with three bedrooms and one full bathroom. Additional space is available on the third floor. The building dates to 1900 and is connected to public water and sewer.
The property occupies a city lot with on-street parking. Its Nashua location is near downtown, shopping, restaurants, services, and major commuting routes.
The property occupies a city lot with on-street parking. Its Nashua location is near downtown, shopping, restaurants, services, and major commuting routes.
Key Highlights
- Two residences, each with 3 bedrooms and 1 full bath
- Approximately 2,170 square feet
- Third‑floor space available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,867
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,340
$637.3K
Cap Rate 7%
$455,243
$455.2K
Cap Rate 9%
$354,078
$354.1K
Market Conditions
NOI Build-Up for 2,170 SF
Gross rent
$48.2K $22.20/SF
− Vacancy
−$2.6K −$1.22/SF
EGI
$45.5K $20.98/SF
− OpEx
−$13.7K −$6.29/SF
NOI
$31.9K $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 Rate 5%
$637,340
Cap Rate 7%
$455,243
Cap Rate 9%
$354,078
Alternative Uses
Best Use
Multifamily LT 5
$455.2K
$398.3K – $531.1K
NOI $31,867 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$421.8K
$369.1K – $492.1K
NOI $29,525 @ 7.0% cap · market cap 7.03%
Theoretical Best
Specialty Retail
$3.98M
$3.48M – $4.64M
NOI $278,303 @ 7.0% cap · market cap 66.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,955
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
$382,000
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Nashua, NH
Properties on Market for Duplexes in Nashua
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms and one full bathroom, with public water and sewer service.
Where is this duplex located?
The property is located at 7 - 7 1/2 Martin St Nashua, NH.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 full bath; Approximately 2,170 square feet; Third‑floor space available
