

Downtown Nashua Collection
20 Units | 7.55% CAP | Multifamily & Retail | $3,500,000
Marketing description
New England Realty Advisors LLC is pleased to present the Downtown Nashua Collection, a strategic 20-unit mixed-use portfolio in Nashua, NH, consisting of 18 residential units—including 15 one-bedrooms, 2 two-bedrooms, and one studio—alongside two high-visibility retail spaces. This three-building package features 136 West Pearl St (a 5,709 SF mixed-use corner asset), 54 Walnut St (a 2,436 SF four-unit with rented garage spaces), and 39.5 Ash St (a 3,864 SF six-unit building), all supported by extensive off-street parking. The portfolio has undergone significant capital improvements, including a new roof at West Pearl St, updated electrical, and state-of-the-art heating systems, with 77% (14 out of 18) of the residential units fully renovated with quartz countertops, white cabinetry, and modern luxury finishes. This turnkey opportunity provides immediate positive cash flow on day one with significant remaining upside to market-rate rents and minimal near-term capital expenditure required. All interested parties will have the opportunity to obtain additional information upon request.
Investment highlights
- All (8) residental units have been fully renovated
- Off street parking located next door at 56 Walnut St
- Major capital improvements over past year
- Retail tenants include Barber Shop & Laundry Matt
- Brick building built in 1900
- New roof installed in 2025
- New heating system and on demand hot water tank installed in 2025
- (7) One Bedroom units
- (1) Studio
- (2) Retail spaces
- Separate electric for each unit
- Landlord paid heating sytem
- City of Nashua Sewer
- Penachuck Water
- New windows installed in 2025
- Winn trash removal
- Two garage units
- Off street parking
- New heating system and on demand hot water installed in 2025
- (2) out of (4) units fully renovated
- City of Nashua trash pickup
- Tenant paid electric
- Tenant paid heat
- (2) Two bedroom units
- (2) One bedroom units
- Vinyl siding
- Asphalt shingle roof
- Wood frame construction
- (6) One bedroom units
- (4) out of (6) units have been fully renovated
- Third floor units pay for gas rinnai heat
- Second floor units pay for electric heat
- First floor units pay for forced hot air gas heat
- Updated electrical panels in (4) out of (6) units
- (10) off street parking spaces
- Flat rubber roof replaced in the last 5 years
- Shingle wood siding
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