Three-Unit Multifamily
New
For Sale
$475,000
8a & 8b Jackson Street, Nashua, NH 03060
Three two-bedroom residences include separate floor-level layouts and a townhouse with attic and basement access.
Property Size2,925 SF
Price / SF$162.39
Days on Market3
Property Features for 8a & 8b Jackson Street
General Information
Standard status
Active
Size
2,925 SF
Property subtype
Multi Family Home
Zoning
GI
Units
Unit Mix
3 x 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$482,100
Amenities
community deck
fenced side yard
Building Details
Building Size
2,925 SF
Year Built
1900
Stories
2
Units
3
Listing Agency:
Lxtn Realty
(877) 438-5986
Listed By:
Susan Smart
(603) 860-0665
Source:
Bigbearrevt
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 24 at 3:09PM
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 Lxtn Realty
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Investment Insights
Based on property information with market context.
This GI-zoned multifamily property contains three two-bedroom units: one on the first floor, one on the second floor, and a townhouse. The townhouse offers access to a large attic, additional work space, and the basement. The building dates to 1900 and contains 2,925 square feet. Recent work includes interior painting in the townhouse and replacement of the stairs leading to its front porch. Residents share a deck, and a small fenced side yard provides additional outdoor space.
Located on Jackson Street in Nashua, the property is next to Merrimack's Farmer's Exchange and within walking distance of downtown amenities. Tenants pay utilities; the landlord covers water and sewer.
Located on Jackson Street in Nashua, the property is next to Merrimack's Farmer's Exchange and within walking distance of downtown amenities. Tenants pay utilities; the landlord covers water and sewer.
Key Highlights
- Three two‑bedroom units: first‑floor, second‑floor, and townhouse layouts
- 2,925‑square‑foot multifamily property built in 1900
- Townhouse includes large attic, work space, and basement access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,955
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,100
$859.1K
Cap Rate 7%
$613,643
$613.6K
Cap Rate 9%
$477,278
$477.3K
Market Conditions
NOI Build-Up for 2,925 SF
Gross rent
$64.9K $22.20/SF
− Vacancy
−$3.6K −$1.22/SF
EGI
$61.4K $20.98/SF
− OpEx
−$18.4K −$6.29/SF
NOI
$43.0K $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%
$859,100
Cap Rate 7%
$613,643
Cap Rate 9%
$477,278
Alternative Uses
Best Use
Multifamily LT 5
$613.6K
$536.9K – $715.9K
NOI $42,955 @ 7.0% cap · market cap 9.04%
Second Best
Apartment 5plus
$568.5K
$497.5K – $663.3K
NOI $39,797 @ 7.0% cap · market cap 8.38%
Theoretical Best
Specialty Retail
$5.36M
$4.69M – $6.25M
NOI $375,131 @ 7.0% cap · market cap 78.97%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,381
Businesses Nearby
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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?
Triplex - Three two-bedroom residences include separate floor-level layouts and a townhouse with attic and basement access.
Where is this triplex located?
The property is located at 8a & 8b Jackson Street Nashua, NH.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three two‑bedroom units: first‑floor, second‑floor, and townhouse layouts; 2,925‑square‑foot multifamily property built in 1900; Townhouse includes large attic, work space, and basement access
