1 Worcester St, Nashua, NH 03060

4 Unit Apartment Building | $685,000 ($171,250/Unit) | 8.65% Cap Rate | Nashua, NH 03060

Asking Price $685,000

Property Type
Multifamily
Square Feet
2,000 SF

Listing Contacts

  • Property Info

Property Overview

This two-story fourplex is located in the heart of Downtown Nashua. The property offers four spacious units, one bedroom and one bath each. Many updates have been made inside, including new flooring, fixtures, new appliances, and a recent update to the FHA heating systems. With all separate utilities, tenants are responsible for electricity and heat. Three units have leases in place, ensuring stable rental income, while one apartment is on a month-to-month basis, providing potential for owner-occupancy for the buyer.
Unit 1 features fresh paint, new appliances, and updated fixtures. Unit 2 boasts a brand new kitchen, renovated bathroom, and updated flooring and windows. Unit 3 offers new flooring, updated appliances, and fresh paint. Unit 4 provides recently replaced flooring, freshly painted walls, and new appliances and fixtures. With those improvements to the interior, property provides comfortable living environment for all residents.
Situated in a desirable downtown location, enjoy access to amenities and attractions just a short walk away. Additionally, this property is perfect for a 1031 exchange.

Property Details

Class
C
Year Built
1900
Stories
2
Lot Size (sq. ft)
2,614 SF
Units
4

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