Corner-Lot
For Sale
$799,900
84 Nashua St, Milford, NH 03055
Three residential units are paired with unfinished area that may support expansion, subject to required approvals.
Property Size2,670 SF
Price / SF$299.59
Days on Market66
Property Features for 84 Nashua St
General Information
Standard status
Active
Size
2,670 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1790
Listing Agency:
Listwithfreedom.com
Listed By:
Ralph M Harvey · License #338742
(855) 456-4945
Source:
603propertygroup
Added: Aug 12
Changed: Oct 6
Last Checked: Oct 7 at 4:27PM
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 Listwithfreedom.com
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Investment Insights
Based on property information with market context.
Located at 84 Nashua St in Milford, this 2,670 SF triplex contains three residential units and additional unfinished space. The property has an owner-occupied configuration and was built in 1790.
The building occupies a corner lot within walking distance of local shops, restaurants, and everyday amenities in downtown Milford. Existing unfinished area may provide room for additional apartments or other improvements, subject to appropriate approvals. The combination of three established units, flexible unfinished space, and a walkable town-center setting gives the property a range of potential ownership and operational configurations.
The building occupies a corner lot within walking distance of local shops, restaurants, and everyday amenities in downtown Milford. Existing unfinished area may provide room for additional apartments or other improvements, subject to appropriate approvals. The combination of three established units, flexible unfinished space, and a walkable town-center setting gives the property a range of potential ownership and operational configurations.
Key Highlights
- Three‑family property with 3 residential units
- 2,670 SF building on a corner lot
- Additional unfinished space may support expansion, subject to approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,210
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,200
$784.2K
Cap Rate 7%
$560,143
$560.1K
Cap Rate 9%
$435,667
$435.7K
Market Conditions
NOI Build-Up for 2,670 SF
Gross rent
$59.3K $22.20/SF
− Vacancy
−$3.3K −$1.22/SF
EGI
$56.0K $20.98/SF
− OpEx
−$16.8K −$6.29/SF
NOI
$39.2K $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%
$784,200
Cap Rate 7%
$560,143
Cap Rate 9%
$435,667
Alternative Uses
Best Use
Multifamily LT 5
$560.1K
$490.1K – $653.5K
NOI $39,210 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$519.0K
$454.1K – $605.5K
NOI $36,328 @ 7.0% cap · market cap 4.54%
Theoretical Best
Specialty Retail
$4.89M
$4.28M – $5.71M
NOI $342,428 @ 7.0% cap · market cap 42.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
594
Businesses Nearby
Explore this area
Business Placement
Demographics for 03055, NH
16,120
Population
6,692
Households
2.4
Avg Household Size
41
Median Age
34%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
635
Density / Sq Mi
$94,514
Median Household Income
$52,979
Median Earnings
$1,569
Median Rent
$363,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units are paired with unfinished area that may support expansion, subject to required approvals.
Where is this triplex located?
The property is located at 84 Nashua St Milford, NH.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Three‑family property with 3 residential units; 2,670 SF building on a corner lot; Additional unfinished space may support expansion, subject to approvals
