INVESTORS TAKE NOTICE.!! currently $43,500.00 gross per year income with a Cap rate at 9% A Turn Key 3 Family Investment property. Two buildings on on one lot. One Large 2 family with large apartments, with a separate Cottage in the rear. All separate utilities, tenants pay their own utilities. PLENTY OF PARKING TOO, a Large Paved Lot in the back, with a Fenced in yard all around. Two New Gas FHA furnaces in two of the units, Gas FHA heat in all 3 units, all Three Hot Water heaters replaced in the past 2 years. It was Vinyl sided @ 2008, Newer Roof on the Main building done in 30 year Architectural Shingles @ 2007. All new vinyl replacement windows were done in 2012. Large, Clean apartments with great tenants, currently all three units rented All 3 units have Washer & Dryer hookups in the units, Dishwashers, Stove & Fridges. Updated bathrooms & kitchens. Main Building: The Second floor unit is a Large 3 bedroom with a porch, also has a finished storage area, a great space for home office. First floor unit is a large 2 bedroom with a porch, and also has an additional storage room possible extra bedroom. Two Hot water Heaters and Two Electrical Panels are in the basement for the main house. The Cottage in the back, has a completely remodeled kitchen & bath in 2014, with laundry in bathroom, a kitchen, dining area, living room and with two small bedrooms upstairs. Also has it’s very own large porch. * Check out this well maintained money maker.

48-48 1/2 Lake Street Nashua NH
  • Listing By: Derek Gilmore at RE/MAX Innovative Properties 
  • Property Type: Multi-Family 
  • Zoning: RC 
  • Price: $375,000 
  • Building Size:
  • Gross Land Area: 0.23 
  • Unit Price (PSF): $159.85 
  • County: NH-Hillsborough 
  • City: Nashua 
  • MLS: 4758367 
  • Listing Updated: June 17, 2019 9:07 PM 
  • Total Units:
  • Operating Expense: 8213 
  • Expenses - Insurance: 860 
  • Expenses - CAM:
  • Expense - Utility:
  • Expenses - Taxes: 6393 
  • Gross Income: 43500 
  • Net Income: 35287 
  • Total Loading Docks: 1000