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Listed by Jeanne Bowers • REAL Broker NH, LLC • Phone: 978-855-3307
$ 875,000
Est. payment | /mo
8 Beds
5 Baths
4,200 SqFt
$ 875,000
Est. payment | /mo
8 Beds
5 Baths
4,200 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $208
MLS Listing ID 5105449
Bedrooms 8
Full Baths 5
Construction Status Existing
Year Built 1890
Annual Tax Amount $7,828
Tax Year 2026
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Rare opportunity to own this 5-unit multifamily property at 92 Lock Street in Nashua, offered for sale for the first time since 1962! This long-held investment property features a desirable unit mix consisting of one spacious 4-BR unit and four 1-BR units, providing flexibility & strong income potential. The units offer a combination of updates along with opportunities for the next owner to make additional improvements & add value over time. Centrally located with convenient access to shopping, dining, commuter routes, and area amenities, the property also offers off-street parking for all tenants, a 2-car garage, an additional 1-car garage, and a full basement providing valuable storage & utility space. For the savvy investor, additional opportunities may exist to improve efficiencies & separate utilities, helping reduce owner-paid expenses & potentially increase future cash flow. With a mix of unit sizes, ample parking, garage space, & value-add potential, this property is well suited for an investor looking to expand or establish a multifamily portfolio. All units are currently occupied by tenants-at-will, offering additional flexibility for a new owner's plans. Quick closing possible. A unique opportunity to purchase a property that has remained under the same ownership for more than six decades-bring your ideas and unlock the next chapter of this Nashua multifamily investment. Group showings with pre-approved buyers - reach out to see if this could be your next investment!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RC
Rooms
Basement Entrance Interior
Basement Bulkhead, Concrete Floor, Exterior Access, Interior Access, Unfinished
Interior
Cooling Central AC, None
Flooring Carpet, Combination, Laminate, Vinyl
Exterior
Garage Spaces 3.0
Utilities Available Cable Available, Gas On-Site
Roof Type Rolled
Building
Story 3
Sewer Public
Architectural Style Multi-Family, Multi-Level
Construction Status Existing
NEARBY SCHOOL & BUSINESS