159 Nashua Street is an 8-unit, four-story building containing seven (7) residential units consisting of two (2) 3-Bedroom/1-Bathroom units, three (3) 2-Bedroom/1-Bathroom units, one (1) 1-Bedroom/1-Bathroom unit, one (1) Studio Unit and one (1) commercial unit (currently vacant) in 7,584 square feet of living area on a 0.071-acre parcel. The building has been well maintained throughout ownership and features numerous upgrades including newer roof and windows as well as upgrades to the units’ interiors in both the residential apartments and commercial space. Tenants are responsible for their own gas heat, hot water and electric (LL pays utilities for units 3E & 3ES). Opportunity exists to acquire a well maintained building in a high demand market. opportunity exists to drive rental rates through renovations and programmatic upgrades to the units, as well as by bringing rents up to market rate in a supply constrained market.
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