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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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92 Lock St , Nashua, NH 03064
$875,000
Est. Payment: $1,944.44/mo
8 Bed
3 Bath
4200 Sqft
Status: Active | Days on site: 30
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6032 - 620767
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House Description

Rare opportunity to own this 5-unit multifamily property at 92 Lock Street in Nashua, offered for sale for the first time since 1962! This long-held investment property features a desirable unit mix consisting of one spacious 4-BR unit and four 1-BR units, providing flexibility & strong income potential. The units offer a combination of updates along with opportunities for the next owner to make additional improvements & add value over time. Centrally located with convenient access to shopping, dining, commuter routes, and area amenities, the property also offers off-street parking for all tenants, a 2-car garage, an additional 1-car garage, and a full basement providing valuable storage & utility space. For the savvy investor, additional opportunities may exist to improve efficiencies & separate utilities, helping reduce owner-paid expenses & potentially increase future cash flow. With a mix of unit sizes, ample parking, garage space, & value-add potential, this property is well suited for an investor looking to expand or establish a multifamily portfolio. All units are currently occupied by tenants-at-will, offering additional flexibility for a new owner’s plans. Quick closing possible. A unique opportunity to purchase a property that has remained under the same ownership for more than six decades-bring your ideas and unlock the next chapter of this Nashua multifamily investment. Group showings with pre-approved buyers - reach out to see if this could be your next investment!

Highlights

Listed by Jeanne Bowers , 978-855-3307 REAL Broker NH, LLC , 855-450-0442.

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1890

County

Hillsborough

Listing ID

5105449

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:3
  • Full Bathrooms:
  • 3/4 Bathrooms:3
Air Cond:Central AC
Fireplaces:
Floor:Carpet,Combination,Laminate,Vinyl
Above Ground Sq Ft:4200
Basement:Yes,Bulkhead,Concrete Floor,Unfinished,Interior Access,Exterior Access

Exterior Features

Lot:Existing
Zoning:RC
Roof:Rolled
Others:
  • Additional:Balcony, Covered Porch
Sewer:Public
Parking Features:Driveway,Garage,Off Street,Parking Spaces 1 - 10,Paved
Principal Interest
$1,944
Taxes
$652

Home Price

$875,000

Loan Details

30 yrs
%

Down Payment

20%
$175,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,944.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,944.44 $652.33 $0.00 $2,596.78
Yearly $23,333.33 $7,828.00 $0.00 $31,161.33
Total $700,000.00 $234,840.00 $0.00 $934,840.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Nashua, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.