8 Temple Pl
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8 Temple Pl
7 Unit Apartment Building $899,000 ($128,429/Unit) 7.31% Cap Rate Nashua, NH 03060
Executive Summary
Situated across from June Caron Park, Nashua River, at the corner of Cottage Avenue and Temple Place, this well-maintained and fully occupied 7-unit property comprises of 4 studios and 3 one-bedroom apartments, with one bathroom each. Recent updates to systems include: two new Forced Hot Air systems and two new boilers installed in 2023.
Parking in front of the building and street parking available. Recent upgrades also include a new front staircase, a new multi-mail bow, and a new common area carpet. Situated just steps away from June Caron Park, residents enjoy easy access to green spaces for walks or picnics, while also being within close proximity to a vibrant downtown dining, shopping, and entertainment options
that Nashua offers. Investors will appreciate the property's prime location and its potential for growth. Perfect for 1031 exchange.
Parking in front of the building and street parking available. Recent upgrades also include a new front staircase, a new multi-mail bow, and a new common area carpet. Situated just steps away from June Caron Park, residents enjoy easy access to green spaces for walks or picnics, while also being within close proximity to a vibrant downtown dining, shopping, and entertainment options
that Nashua offers. Investors will appreciate the property's prime location and its potential for growth. Perfect for 1031 exchange.
Property Facts Under Contract
| Price | $899,000 | Apartment Style | Low Rise |
| Price Per Unit | $128,429 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 7.31% | Building Size | 3,500 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment |
| Price | $899,000 |
| Price Per Unit | $128,429 |
| Sale Type | Investment |
| Cap Rate | 7.31% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 3,500 SF |
| No. Stories | 2 |
| Year Built | 1900 |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
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Walk Score ®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | NASH-000034-000000-000038 | Improvements Assessment | $293,400 |
| Land Assessment | $107,100 | Total Assessment | $400,500 |
PROPERTY TAXES
Parcel Number
NASH-000034-000000-000038
Land Assessment
$107,100
Improvements Assessment
$293,400
Total Assessment
$400,500
zoning
| Zoning Code | RC |
| RC |
Contacts
-
Viktoria Alkova -
Dave Garvey -
Lisa Alkova -
Ethan Ash -
Coastal Land & Commercial Group at Keller Williams
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8 Temple Pl
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