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Duplex with Garage
For Sale
$570,000

72 Palm Street, Nashua, NH 03060

Multi-Family, Nashua, NH

Property Size2,310 SF
Lot Size0.08 Acres
Price / SF$246.75
Days on Market92

Property Features for 72 Palm Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RC
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Basement, Bathroom 2, Bedroom 4
Parking features Off Street, Garage, Driveway
Patio and Porch features Porch
Exterior features Enclosed Porch
Appliances Separate Water Heater
Lot features Level, Sidewalks, Street Lights, Near Country Club, Near Golf Course, Near Shopping, Near Public Transport, Near Hospital
Elementary school Ledge Street Elementary School
Middle school Brian S. McCarthy Middle School
High school Nashua High School South
Elementary school district Nashua School District
Middle school district Nashua School District
High school district Nashua School District
Directions Kinsley St to Palm St. Palm St is a one way street
Standard status Active
Size 2,310 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7839

Utilities

Utilities Cable Available
Heating system Natural Gas, Forced Air
Water source Public

Amenities

hardwood flooring
private enclosed porch
basement with washer/dryer hookups

Building Details

Year built 1880
Floors in Building 2
Number of units 2
Flooring type Vinyl, Hardwood
Building materials Wood Frame
Roof type Shingle
Architectural style Other
Listing Agency: Keller Williams Gateway Realty · Keller Williams Realty
Listed By: Michelle Soucy
Added: Jul 15 Changed: Oct 9 Last Checked: Oct 14 at 11:06AM
MLS# 5100126

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,310-square-foot duplex contains two apartments: a first-floor unit with three bedrooms and one bathroom, and a second-floor unit with two bedrooms and one bathroom. The first-floor apartment is rented, while the upper unit is vacant. Both units have access to the basement and individual washer and dryer hookups. Interior features include hardwood and vinyl flooring, with an enclosed porch serving the first-floor unit. Natural gas forced-air heat serves the building; water and sewer are public.

The 0.08-acre property includes a garage, driveway, and additional off-street parking. Built in 1880, the wood-frame building is near downtown Nashua, shopping, restaurants, hospitals, public transportation, and major highways.

Key Highlights

  • Two‑unit duplex with 3‑bedroom and 2‑bedroom apartments
  • 2,310 square feet on a 0.08‑acre lot
  • First‑floor unit is rented; second‑floor unit is vacant

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 (±1% cap)
NOI $33,923 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$449.0K
$392.9K – $523.8K (±1% cap)
NOI $31,430 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$4.23M
$3.70M – $4.94M (±1% cap)
NOI $296,258 @ 7.0% cap · market cap 51.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Catering Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,838
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two apartments offer separate laundry hookups, and the property includes off-street parking and a garage.
Where is this duplex located?
The property is located at 72 Palm Street 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: Two‑unit duplex with 3‑bedroom and 2‑bedroom apartments; 2,310 square feet on a 0.08‑acre lot; First‑floor unit is rented; second‑floor unit is vacant
More about this property
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