Duplex with Enclosed
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 Market102
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
Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 4, Bedroom 3, Bedroom 5
Parking features
Off Street, Driveway, Garage
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
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7839
Utilities
Utilities
Cable Available
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
private enclosed porch
garage
washer and dryer hookups
Building Details
Year built
1880
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Vinyl
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
Keller Williams Gateway Realty · Keller Williams Realty
Listed By:
Michelle Soucy
(603) 883-8400
Added: Jul 15
Changed: Oct 24
Last Checked: Oct 24 at 9:06PM
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.
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Investment Insights
Based on property information with market context.
This 2,310-square-foot duplex contains two apartments: a first-floor residence with three bedrooms, one bathroom, and an enclosed porch, and an upper-level unit with two bedrooms and one bathroom. Each apartment has access to the basement and its own washer and dryer hookups. Hardwood and vinyl flooring, natural gas forced-air heat, a garage, and driveway parking are among the property features. The lot measures 0.08 acres, and the building dates to 1880.
Public water and sewer serve the property. The first-floor unit is currently rented, while the second-floor apartment is vacant. Nashua's downtown, shopping, restaurants, hospitals, public transportation, and major highways are described as a few minutes away.
Public water and sewer serve the property. The first-floor unit is currently rented, while the second-floor apartment is vacant. Nashua's downtown, shopping, restaurants, hospitals, public transportation, and major highways are described as a few minutes away.
Key Highlights
- Two apartments: one with 3 bedrooms and 1 bathroom; the other with 2 bedrooms and 1 bathroom
- 2,310 square feet on a 0.08‑acre lot
- Enclosed porch serving the first‑floor apartment
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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Lease Details
2
Residential units
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate basement laundry hookups serve each unit, with washer and dryer connections provided.
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 apartments: one with 3 bedrooms and 1 bathroom; the other with 2 bedrooms and 1 bathroom; 2,310 square feet on a 0.08‑acre lot; Enclosed porch serving the first‑floor apartment
