41 Summer Street

Nashua, NH 03064

$525,000
Price
3
Beds
3
Baths
2,392 Sq. Ft.
$219 / Sq. Ft.
2,392
Sq. Ft.
$219
per Sq. Ft.

Description

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....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.
  1. Listed by William Peck • Horvath & Tremblay LLC

Property Details for 41 Summer Street

Zoning
RB
LISTING UPDATED: 09/20/2024 08:23 PM

Property Details for 41 Summer Street

StatusActive
MLS #5013922
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.14 AC / 6,098 SF
CountyHillsborough County

Building Information for 41 Summer Street

Stories3Residences3Year Built1910Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 41 Summer Street

Summary
Location and General Information
  • City: Nashua
  • County: NH-Hillsborough
  • Latitude: 42.767631000001003
  • Longitude: -71.462339000000000
  • Road Frontage: Yes
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 44
  • Zip Code: 03064
Taxes and HOA Information
  • Taxes TBD: Unknown
Parking
  • Garage: Yes
  • Garage Capacity: 4.00
  • Driveway: Paved
Property
Lot Information
  • Block: 0
  • Lot: 102
  • Lot - Sqft: 6098.0
  • Lot Features: Other
  • Lot Size Acres: 0.14
  • Road Frontage Length: 22.0
  • Square Feet Apx Finished Above Grade: 1776.0
  • Square Feet Apx Finished AG Source: Assessor
  • Square Feet Apx Finished Below Grade: 616.0
  • Square Feet Apx Finished BG Source: Assessor
  • Square Feet Apx Total: 3592.0
  • Square Feet Apx Total Finished: 2392.0
  • Square Feet Apx Unfinished Above Grade: 1200.0
  • Square Feet Apx Unfinished AG Source: Assessor
  • Square Feet Apx Unfinished Below Grade: 0.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Fieldstone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1910
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Separate Utilities: Yes
  • Internet: Unknown
Interior and Exterior Features
Exterior Features
  • Construction Materials: Clapboard Exterior, Wood Exterior
  • Roads: Public
  • Roof: Shingle - Asphalt
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partially Finished
  • Heat Fuel: Gas - Natural
  • Heating: Gas Heater
  • Cooling: None
  • Total Stories: 3
Multi Family
Income & Expenses Information
  • Gross Income: $42,600.00
  • Net Income: $29,678.00
  • Operating Expense Incl: Insurance, Maintenance, Snow Removal, Water/Sewer
  • Operating Expense: $12,922
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 3
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Level Number: Basement
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Rooms: 3
  • Unit 1 Rental Amount: $700.00
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Status: Vacant
  • Unit 2 Level Number: 1st Floor
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,650.00
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Level Number: 2nd Floor
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,200.00

Property History for 41 Summer Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 41 Summer Street

This home is within Nashua School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 12
Rating
School
Distance
Mt. Pleasant School
PublicPK to 5

Pennichuck Middle School
Public6 to 8

Nashua High School North
Public9 to 12

Nashua Christian Academy
PrivateK 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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41 Summer Street is a multi-family home for sale in Nashua, NH 03064. This property was listed for sale on September 12, 2024 by Horvath & Tremblay LLC, it's currently listed at $525,000. This listing's school district is Nashua School District. Nearby schools include Mt. Pleasant School, Pennichuck Middle School and Nashua High School North. 41 Summer Street is a 3-bed, 3-bath, 2,392 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay LLC

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 11/21/2024 08:36 PM