1 Worcester Street, Nashua, NH, 03060 | $685,000

This two-story fourplex is located in the heart of downtown Nashua. The property offers four spacious units, one bedroom and one bath each. Many updates have been made inside, including new flooring, fixtures, new appliances, and a recent update to the FHA heating systems. With all separate utilities, tenants are responsible for electricity and heat. Three units have leases in place, ensuring stable rental income, while one apartment is on a month-to-month basis, providing potential for owner-occupancy for the buyer. Unit 1 features fresh paint, new appliances, and updated fixtures. Unit 2 boasts a brand new kitchen, renovated bathroom, and updated flooring and windows. Unit 3 offers new flooring, updated appliances, and fresh paint. Unit 4 provides recently replaced flooring, freshly painted walls, and new appliances and fixtures. With those improvements to the interior, property provides comfortable living environment for all residents. Situated in a desirable downtown location, enjoy access to amenities and attractions just a short walk away. Additionally, this property is perfect for a 1031 exchange. Seller is a licensed real estate agent.

Features

  • Rooms: 16
  • Bedrooms: 4
  • Baths: 4 full
  • Units: 4
  • Style: Multi-Family
  • Year Built: 1900
  • Heating: Forced Air
  • Cooling: None
  • Basement: Unfinished
  • Approx Sq. Feet: 2,874
  • Acreage: 0.06
  • Est. Taxes: $7,296
  • Lot Desc: Level
  • MLS#: 5001424
  • Website: https://www.raveis.com
    /prop/5001424/1worcesterstreet_nashua_nh?source=qrflyer
©2024 New England Real Estate Network, 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 PrimMLS. 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 9/21/2024
Listing courtesy of KW Coastal and Lakes & Mountains Realty   Phone: 603-610-8500
Listing Agent: Viktoria Alkova

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1 Worcester Street, Nashua, NH, 03060

$685,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $548,000 $548,000 $548,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $608 $608 $608
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,330 $3,330 $4,331
Total Monthly Payment $4,030 $4,030 $5,031

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.