Bought with William Peck with Horvath & Tremblay LLC and Listed by William Peck with Horvath & Tremblay LLC 781-776-4000

Sold

41 Summer Street

Nashua NH, 03064

$530,000


$221.57 per sqft

Sold

3 Beds

3 Baths

2,392 sqft

Multi-family

Built in 1910

41 Summer St is comprised of a three story building and contains a total of three units, consisting of one 1-Bedroom/1-Bathroom unit and two 1+Bedroom/1-Bathroom units with 2,392 square feet of living area in 3,592 square feet of total gross area on 0.14-acres of land. The Property offers ample on-site parking as well as a detached four bay garage at the rear of the Property. All of the units are separately metered for electricity, gas fired heat, and gas fired hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer. The current rents are significantly below market. The opportunity exists to increase rents to market rates via programmatic updates to the unrenovated units in a highly sought after and supply constrained urban infill residential market. Gross Income is calculated with Unit 2's rent set to market.

5013922

MLS ID

September 12, 2024

Listed

January 9, 2025

Updated

Map

41 Summer Street
Nashua NH, 03064

Interior Features

Bedrooms

3


Total Bathrooms

3


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas, Gas Heater

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Shingle - Asphalt


Sewer

Public

School Information

School District

Month to Month

Other Property Details

Area Name

NH-Hillsborough


Days on Market

12


Garage

Yes


Garage Spaces

4


View

No


Pool

No

Listing History

Date

Event

Price

1/9/2025

Sold

$530,000

9/24/2024

Pending

Bought with William Peck with Horvath & Tremblay LLC and Listed by William Peck with Horvath & Tremblay LLC 781-776-4000

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