Listing courtesy of Jeanne Bowers from REAL Broker NH, LLC. (Phone: 978-855-3307)
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!
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