Two-Unit Duplex with
For Sale
$570,000
72 Palm St, Nashua, NH 03060
Fully rented duplex with separate utilities, basement laundry hookups, a driveway, and convenient access to downtown Nashua.
Property Size2,310 SF
Price / SF$246.75
Days on Market55
Property Features for 72 Palm St
General Information
Standard status
Active
Size
2,310 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
private enclosed porch
full basement with washer/dryer hookups
large driveway
garage
Building Details
Year Built
1880
Buildings
1
Listing Agency:
Keller Williams Gateway Realty
Listed By:
Michelle L Soucy
(603) 883-8400
Source:
Megansellsnh
Added: Aug 21
Changed: Oct 2
Last Checked: Oct 7 at 2:17PM
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 Keller Williams Gateway Realty
Investment Insights
Based on property information with market context.
This 2,310-square-foot duplex, built in 1880, includes two separate residential units with distinct utility service. The first floor offers 3 bedrooms, 1 bathroom, and an enclosed private porch. Upstairs, the second-floor unit provides 2 bedrooms and 1 bathroom. Both units have access to the full basement, with washer and dryer hookups assigned to each unit.
Hardwood flooring, natural gas heat, public water and sewer, a large driveway, and a garage add practical functionality. The garage is currently leased to the second-floor unit. The property is fully rented and located near downtown Nashua, shopping, restaurants, hospitals, public transportation, and major highways.
Hardwood flooring, natural gas heat, public water and sewer, a large driveway, and a garage add practical functionality. The garage is currently leased to the second-floor unit. The property is fully rented and located near downtown Nashua, shopping, restaurants, hospitals, public transportation, and major highways.
Key Highlights
- Fully rented 2,310 SF duplex
- First‑floor unit has 3 bedrooms, 1 bathroom, and a private enclosed porch
- Second‑floor unit includes 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,923
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,460
$678.5K
Cap Rate 7%
$484,614
$484.6K
Cap Rate 9%
$376,922
$376.9K
Market Conditions
NOI Build-Up for 2,310 SF
Gross rent
$51.3K $22.20/SF
− Vacancy
−$2.8K −$1.22/SF
EGI
$48.5K $20.98/SF
− OpEx
−$14.5K −$6.29/SF
NOI
$33.9K $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%
$678,460
Cap Rate 7%
$484,614
Cap Rate 9%
$376,922
Alternative Uses
Best Use
Multifamily LT 5
$484.6K
$424.0K – $565.4K
NOI $33,923 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$449.0K
$392.9K – $523.8K
NOI $31,430 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$4.23M
$3.70M – $4.94M
NOI $296,258 @ 7.0% cap · market cap 51.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,838
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully rented duplex with separate utilities, basement laundry hookups, a driveway, and convenient access to downtown Nashua.
Where is this duplex located?
The property is located at 72 Palm St Nashua, NH.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Fully rented 2,310 SF duplex; First‑floor unit has 3 bedrooms, 1 bathroom, and a private enclosed porch; Second‑floor unit includes 2 bedrooms and 1 bathroom
