Multi-Family for Sale: 41 Summer Street, Nashua, NH 03064 SOLD

3 beds
2,392 sqft
$530,000
$530,000
41 Summer Street, Nashua, NH 03064 SOLD
3 beds
2,392 sqft
$530,000
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Selling Price: $530,000
Original List Price: $525,000
Sold at 101.0% of list price
Sold Date: 01/09/2025

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Type Multi-Family
Style Conversion
Beds 3
Square Feet 2,392 sqft
Lot Size 0.14 acres
Year Built 1910
City Nashua
County Hillsborough
MLS 5013922
Status Closed
DOM 12 days
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.

Lot & Building Features

Utilities Other
Construction Clapboard Exterior, Wood Exterior
Cooling None
Heating Gas Heater, Natural Gas
Sewer Public
Water Public
Basement Description Partially Finished
Foundation Fieldstone
Lot Description Other
Roof Shingle - Asphalt
Garage Yes

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Lease Term Month to Month
Unit 1 Level Number Basement
Unit 1 Rental Amount 700.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 3
Unit 1 Status Month to Month
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Level Number 1st Floor
Unit 2 Rental Amount 1650.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Vacant
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Lease Term Month to Month
Unit 3 Level Number 2nd Floor
Unit 3 Rental Amount 1200.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 4
Unit 3 Status Month to Month

Price History of 41 Summer Street, Nashua, NH

Date Name Price Difference
09/12/2024 Listing Price $530,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 41 Summer Street, Nashua, NH

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Photo of Alyse Savage
Alyse Savage
Broker | Owner
Direct: 603-493-2026
Office
195 McGregor Street, Suite 325
Manchester, NH 03102
603-824-5794
Listed by Horvath & Tremblay LLC, William Peck
Sold by Horvath & Tremblay LLC, William Peck
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20%
1%
6.75%
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Listing information courtesy of: Horvath & Tremblay LLC

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 01/11/2025