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593 South Main Street, Nashua, NH 03060
$670,000
593 South Main Street, Nashua, NH 03060View this property at 593 South Main Street, Nashua, NH 03060
593 South Main StreetNashuaNH03060
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Property Description
RARE DESIRABLE LOCATION for this Huge 8 BR 3,460 sq ft 2-Unit Multifamily in a perfect South Nashua commuter location off Exit 2. Move-in-ready. Lots of Renovations in 2019 & 2024. 8+ parking spots on big 0.268 Acre Lot. Great Desirable Neighborhood by the Nashua Country Club Golf Course & Rivier University! Both units have 4 Huge Bedrooms (on Town Assessor Card), with Separate Utilities & W/D Hook-ups inside each apartment! Rental Market Value is $2,600-$2,800+ monthly per Apt, for $5,200-$5,600+ monthly total rental income. Apt.# 1 is entire 1st floor (1,800 sq ft). Apt.# 2 Town House is entire 2nd & 3rd Floors (1,660 sq ft). Mostly Hardwood Floors. Carpet only on 3rd floor. Modern Kitchens & Bathrooms. 8.3%+ CAP RATE! (Based on $2,700 avg comp projection per Apt) This is the perfect investment rental income property that will Gross at least $64,800+ with $53,952+/- Net Profit Income after Taxes, Property Insurance, Water & Sewer. Or Owner Occupy an Apt & have rental income towards mortgage. Newer Natural Gas Furnaces & Hot Water Tanks over recent decade. Previous MLS History says Roof was new in 2004. Best Multi location & value compared to Nashua competition. Conventional, FHA, or VA Loans will all easily qualify. Vacant 2nd/3rd Floor Townhouse has Re-finished Hardwood Floors, Fresh Paint, New Carpet on 3rd Floor. Long-term Month-to-Month Tenants on 1st Floor.
Full Property Details
Full Property Details for 593 South Main St
General
- Sold For: $670,000
- Taxes: $7,848 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: 4992905
- Added to Site: 36 day(s) ago
Rental Information
- Lease Terms: Unit1=Month to Month,
Interior
- Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl, Vinyl Plank
Exterior
- Exterior Features: Fence - Partial, Natural Shade, Patio, Porch - Enclosed, Windows - Double Pane
- Color: Beige
Parking
- Parking: Parking Spaces 11 - 20, Paved
Location
- County: Hillsborough
- Neighborhood: Near Country Club, Near Golf Course, Neighborhood, Suburban, Near Public Transportatn
- Driving Directions: F.E Turnpike Route 3. Exit 2 to D.W. Hwy North. 1st Right on Veterans Dr. Then 1st Left on South Main St. Or if you are coming from Exit 3/4, go around the traffic circle by Haywards Ice Cream and go to South Main Street. Drive past Rivier University, & the Nashua Country Club Golf Course.
School Information
- School District: Nashua School District
- Elementary School: Sunset Heights School
- Middle School: Elm Street Middle School
- High School: Nashua High School South
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Hot Air
- Heating Fuel: Gas - Natural
- Furnaces: 2
- Water Heaters: 2
Utilities
- Sewer: Public
- Trash: Cans, Curbside, Municipal
- Separate Meters: Yes
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Daylight, Dirt Floor, Stairs - Exterior, Stairs - Interior, Unfinished, Walkout, Interior Access, Exterior Access, Stairs - Basement
- Roof: Shingle - Asphalt
- Stories/Levels: 2
- Finished Total: 3,460 Sq. Ft.
- Finished Above Grnd: 3,460 Sq. Ft.
- Year Built: 1880
Unit Information
- 3 Bedroom Units: 2
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
Unit 1
- Unit Description: Flat
- Square Feet: 1800
- Level: 1st Floor
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Unit Description: TOWNHOUSE
- Square Feet: 1660
- Level: 2 & 3 Flrs
- Total Bathrooms: 1
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761
- Frontage: Yes Road Frontage
- Frontage Feet: 150
- Street/Road Desc.: Paved, Public
- Driveway/Sidewalk: Paved
- Zoning: RA
Financial Considerations
- Price Per Sq. Ft.: $187.86
- Tax Amount: $7,848
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Documents Avail.: Deed, Other, Property Disclosure
- Lot Number: 93
Listed by Tri-State Realty, LLC, Nick Turmel
Sold by Century 21 North East, Molly. Cottle
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Schools
Schools serving 593 South Main St
School District:Nashua School District
Rating | Name | Grades | Distance |
---|---|---|---|
15 Osgood Rd, Nashua, NH 03060 | K-5 | 0.3 mi | |
117 Elm St, Nashua, NH 03060 | 6-8 | 1.8 mi | |
36 Riverside Dr, Nashua, NH 03062 | 9-12 | 3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 593 South Main St
Date
Details
Price
Change
Source
5/31/2024
Sold
$670,000
3.08%
MLS
4/26/2024
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
593 South Main Street, Nashua, NH 03060 (MLS# 4992905) is a Multi-Family property that was sold at $670,000 on May 31, 2024. Want to learn more about 593 South Main Street? Do you have questions about finding other Multi-Family real estate for sale in Nashua? You can browse all Nashua real estate or contact a Coldwell Banker agent to request more information.