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32200031
32200030

3 Locations

BC
NH 085535, MA 9584876
New England Realty Advisors
Listed by New England Realty Advisors
$3,500,000
37 days on market
Updated 23 days ago
Opportunity zone

Downtown Nashua Collection

Details
Property Type Retail, Multifamily (+1)
Square Footage 12,119
Units 20
Cap Rate 7.55%
NOI $264,260
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 8.54%
Pro-Forma NOI $299,056
Price per SqFt $289
Year Built 1900
Year Renovated 2025
Buildings 3
Acreage 0.380
Zoning D1 M1
Investment Type Stabilized
Ground Lease No

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

Listing Contacts

BC
NH 085535, MA 9584876
New England Realty Advisors
Listed by New England Realty Advisors

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$264,260.00
$22,021.67/mo

Valuation Metrics

0
DSCR
7.55%
Cap Rate
7.55%
ROI

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Additional Information

Name
Brad Carlson
License
085535
Brokerage
NEW ENGLAND REALTY ADVISORS LLC
Brokerage Phone
7813348044
Title
Principle Broker
Brokerage Address
40 Salem Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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