593 Main Street
593 Main Street
Nashua, NH 03060
$650,000
Price
8
Beds
2
Baths
3,460 Sq. Ft.
$188 / Sq. Ft.
3,460
Sq. Ft.
$188
per Sq. Ft.
Under Contract
Under Contract
Description
Pending 4/30/2024. OPEN HOUSE 12-3:00pm SUNDAY 4/28/2024. SHOWINGS 11:30am-6:30pm SAT, SUN, MON. OFFERS DUE by 10:00pm 4/29/2024 MONDAY. 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, with Separate Utilities...Pending 4/30/2024. OPEN HOUSE 12-3:00pm SUNDAY 4/28/2024. SHOWINGS 11:30am-6:30pm SAT, SUN, MON. OFFERS DUE by 10:00pm 4/29/2024 MONDAY. 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, 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.
- Listed by Nick Turmel • Tri-State Realty, LLC
Property Details for 593 Main Street
Parking
Parking Spaces 11 - 20, Paved
ZoningRA
Location
Listing Courtesy of Tri-State Realty, LLC
Add your commute
LISTING UPDATED: 04/30/2024 01:51 PM
Property Details for 593 Main Street
| Status | Under Contract |
|---|---|
| MLS # | 4992905 |
| Days on Market | 4 |
| Taxes | $7,848 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1880 |
| Lot Size | 0.27 AC / 11,761 SF |
| County | Hillsborough County |
Location
Listing Courtesy of Tri-State Realty, LLC
Add your commute
Building Information for 593 Main Street
Stories2Residences2Year Built1880Building Size-Lot Size0.27 AC / 11,761 SF
Payment Calculator
$4,201 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,547
Property Taxes
$654
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 593 Main Street
Summary
Location and General Information
- Area Description: Near Country Club, Near Golf Course, Neighborhood, Suburban, Near Public Transportatn
- City: Nashua
- County: NH-Hillsborough
- 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.
- Latitude: 42.730768019359040
- Longitude: -71.445074139459081
- Road Frontage: Yes
- Seasonal: No
- State: NH
- Street Designation: Street
- Map: A
- Zip Code: 03060
Taxes and HOA Information
- Tax - Gross Amount: $7,848.00
- Tax Year: 2023
- Taxes TBD: No
School Information
- School - High: Nashua High School South
- School - District: Nashua School District
- School - Elementary: Sunset Heights School
- School - Middle/Jr: Elm Street Middle School
Parking
- Garage: No
- Driveway: Paved
Virtual Tour
- Property Panorama Virtual Tour: https://tour.neren.com/593-South-Main-Street-Nashua-NH-03060/unbranded
Property
Lot Information
- Block: 0
- Lot: 93
- Lot - Sqft: 11761.0
- Lot Features: Open, Street Lights
- Lot Size Acres: 0.27
- Road Frontage Length: 150.0
- Square Feet Apx Finished Above Grade: 3460.0
- Square Feet Apx Finished AG Source: Other
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Total: 4660.0
- Square Feet Apx Total Finished: 3460.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished Below Grade: 1200.0
- Square Feet Apx Unfinished BG Source: Other
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: No
- Foundation: Brick, Concrete, Granite, Stone, Block w/ Skim Coating
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1880
Utilities
- Electric Company: Eversource
- Cable Company: Comcast/X-Finity
- Fuel Company: Liberty
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable - At Site
- Total Gas Meters: 2
- Total Electric Meters: 2
- Separate Utilities: Yes
- Internet: Fiber Optic Internt Avail, High Speed Intrnt -AtSite, Internet - Cable
Interior and Exterior Features
Exterior Features
- Color: Beige
- Construction Materials: Wood Frame, Vinyl Siding
- Features - Exterior: Fence - Partial, Natural Shade, Patio, Porch - Enclosed, Windows - Double Pane
- Roads: Paved, Public
- Roof: Shingle - Asphalt
- Total Ranges: 2
Interior Features
- Appliances: Water Heater–Natural Gas
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Daylight, Dirt Floor, Stairs - Exterior, Stairs - Interior, Unfinished, Walkout, Interior Access, Exterior Access, Stairs - Basement
- Total Full Baths: 2
- Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl, Vinyl Plank
- Heat Fuel: Gas - Natural
- Heating: Forced Air, Hot Air
- Cooling: None
- Total Refrigerators: 2
- Total Rooms Above Ground: 15
- Total Stories: 2
- Total Water Heaters: 2
- Trash: Cans, Curbside, Municipal
Multi Family
Income & Expenses Information
- Gross Income: $64,800.00
- Net Income: $53,952.00
- Operating Expense Incl: Insurance, Other, Sewer, Water, Water/Sewer
- Operating Expense: $3,000
Multi-Family Information
- Total Units: 2
- Total 1 BR Units: 0
- Total 2 BR Units: 0
- Total 3+ BR Units: 2
- Total Heat Units: 2
Unit Information
Unit 1
- Unit 1 Style: Flat
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 4
- Unit 1 Lease Term: Month to Month
- Unit 1 Level Number: 1st Floor
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Month to Month
- Unit 1 Apx Sqft: 1800.0
- Unit 1 Rooms: 7
- Unit 1 Rental Amount: $2,000.00
- Unit 1 Tenant Pays: All Utilities, Electric, Heat, Hot Water
- Unit 1 Info: Appliances Included, CO Detector, Dishwasher, Laundry Hookup, Porch, Range - Gas, Refrigerator, Smoke Detector, Water Heater
Unit 2
- Unit 2 Style: TOWNHOUSE
- Unit 2 Baths: 1
- Unit 2 Rooms: 8
- Unit 2 Status: Vacant
- Unit 2 Level Number: 2 & 3 Flrs
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Apx Sqft: 1660.0
- Unit 2 Bedrooms: 4
- Unit 2 Rental Amount: $2,600.00
- Unit 2 Info: Appliances Included, CO Detector, Den, Dryer, Laundry Hookup, Range - Gas, Refrigerator, Smoke Detector, Washer, Water Heater
- Unit 2 Tenant Pays: All Utilities, Electric, Heat, Hot Water
Rental
Rent Information
- Total Leases: 0
Property History for 593 Main Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 593 Main Street
Taxable ValueLand$124,700Additions$305,800Total$430,500
Tax Record2022$7,779 ($648 / month)
Home Facts
Baths2Total Finished SqFt2,720 SqFtAbove Grade Finished SqFt2,720 SqFtUnfinished Basement SqFt1,200 SqFtStories2Lot Size11,674 SqFtStyleDuplexYear Built1880Year Renovated1965ZoningRACountyHILLSBOROUGHAPNNASH M:A L:00093
Schools near 593 Main Street
This home is within Nashua School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Sunset Heights School PublicK to 5 | ||
Elm Street Middle School Public6 to 8 | ||
Nashua High School South Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Tri-State Realty, LLC
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