Andover VT Mult-Family Real Estate

MLS Number 5074345

• Multifamily
• Units 20
• Acreage 1.14
• Square Feet 2,297
• Area NH-Hillsborough

The optionee presents a rare 16-unit townhome development opportunity located across from the park on Atherton Ave in Nashua, New Hampshire. The Nashua Zoning Board of Adjustment granted variances on March 10, 2026 supporting a 16-unit residential townhome development, establishing a clear path forward for the project. These are two flat lots with excellent soils--great for keeping sitework costs down (e.g., no road, blasting, excess fill, or otherwise required). Natural gas and all city utilities are sized appropriately and ready for easy connection at the street. Buyer to pursue all remaining Planning Board approvals, site plan review, and permits. The buyer shall provide their own building plans to the PBA (e.g., the builder is not tied into a product or construction style they don't like). The buyer may elect to phase the development as preferred for greater flexibility. The optionee is taking all offers and will consider owner financing, a joint venture, and/or selling its option prior to obtaining approvals at discount. Deals like this don't come around often in Nashua. Don't miss out on your chance to secure a winning project for 2026.

Listed by Viktoria Alkova and Ethan Ash of KW Coastal and Lakes & Mountains Realty

MLS Number 5100705

• Multifamily
• Address 51 Ash Street
• Units 9
• Acreage 0.12
• Square Feet 8,786

51 Ash Street consists of nine (9) one-bedroom apartments, including six (6) spacious four-room units and three (3) three-room one-bedroom units. The generous footprint of the four-room apartments creates meaningful flexibility for ownership: these units can be repositioned as two-bedroom apartments to capture additional rental income or maintained as oversized one-bedroom homes that stand apart from competing product in the submarket. Recent improvements include new vinyl siding, new windows, new electrical panels and new decks and porches, reducing near-term capital exposure for a new owner. The property is currently served by a central oil-fired forced hot water heating system and can be converted to natural gas-offering a clear path to significant heating cost savings and improved net operating income. Additional upside exists in the open area at the rear of the building, which presents the possibility of adding on-site parking, a premium amenity in this walkable, parking-constrained neighborhood. The asset is offered at an asking price of $1,440,000 ($160,000/unit), which equates to a going-in Cap Rate of 6.5% and a pro-forma cap of 8.10%. The combination of an irreplaceable location, multiple value-add levers, and Manchester's strong rental fundamentals makes 51 Ash Street a compelling acquisition for investors seeking in place income with significant future upside.

Listed by Benjamin Davis of Clements Realty Group Inc.

MLS Number 5103312

• Multifamily
• Address 27 River Street
• Units 8
• Bathroom 8
• Acreage 0.47

27 River Street contains seven (7) 2+Bedroom/1-Bathroom units and one (1) 2+Bedroom/1.5-Bathroom unit with 7,106 square feet of gross living area in 13,687 square feet of gross area. The Property is situated upon a 0.47-acre parcel. The four (4) unit property at 27 River Street is enhanced by three (3) individual cottages at 1-3 Dow Court, as well as a single-family home at 31 River Street. 27 River Street is well situated near downtown Rochester, with quick access to the Spaulding Turnpike for convenient regional connectivity across New Hampshire and into southern Maine. The Property is situated in an emerging market that is just off the Maine border and a short ride from the prime locations of Portsmouth, NH and Kittery, ME. In-place rents are significantly below the current market rates; the opportunity exists to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market. All utilities are separately metered and paid for by the tenants. Landlord is responsible for common area electric in 27 River Street, the street light in the parking lot, and public water & sewer.

Listed by William Peck of Horvath & Tremblay LLC

MLS Number 5095199

• Multifamily
• Address 637 Harvard Street
• Units 6
• Bathroom 6
• Acreage 0.13

Look no further for a turn-key investment opportunity with some upside from below-market rents and some un-utilized space. Fully renovated, insulated, and remodeled 6-unit. This property was converted from a 5-unit to a 6-unit multifamily with all requisite permits and variances. Plot plan, COC, permits completed and inspected. From the under-market rents with stable tenancies to the completely remodeled peace of mind (2 maintenance calls for repair total in 2025), there's a lot to love. Nice lot with courtyard and off-street parking. New electrical, 3 new Rinnai direct vent heaters, and includes 2 car garage with loft. Solid surface counters, mostly quartz, with new fixtures, sinks, etc. All new LED lighting, life safety, and more. Truly turn-key property that not only looks nice, but has many invisible upgrades for long-term stability. 7.47% cap. All six units leased up in less than 3 weeks upon city sign-off for occupancy following deep rehab in 2023, most of those tenants remain except those relocated for work. Garage can still be rented to a third party for more income. Brand new roof installed Dec 2023. Agent interest.

Listed by Matthew Bacon of Anagnost Realty & Development

MLS Number 5101541

• Multifamily
• Units 4
• Bathroom 5
• Acreage 1.71
• Square Feet 3,820

Welcome to this exceptional multi-use property offering an incredible opportunity for investors, owner-occupants, or those seeking a flexible live/work lifestyle. Situated on a private wooded lot, this unique property features four well-appointed units with multiple garage bays, and a detached commercial-style building. Unit B offers a spacious three-bedroom apartment with a beautifully updated kitchen featuring granite countertops, a large center island, tile backsplash, stainless steel appliances, luxury vinyl flooring and in unit washer/dryer. The inviting family room showcases soaring cathedral ceilings, a gas fireplace with granite surround, custom built-ins, oversized windows overlooking the wooded backyard, and access to an expansive rear deck. The attached in-law apartment is 2 levels and provides comfortable living space with a granite kitchen, updated appliances, spacious bedroom with cedar-lined closet, separate entrance and shared laundry. Unit A is a first-floor two-bedroom apartment that offers hardwood flooring, granite countertops, new carpet, shared laundry, garage parking, and access to the charming front farmer's porch. Adding even more value is the detached rear building featuring finished office or living space (2 bedrooms) with cathedral ceilings, granite kitchenette, full bath, custom oak built-ins, stained glass accents, and in unit laundry. Below, the climate-controlled commercial garage is equipped with two oversized 9-foot overhead doors (potential for 3rd bay, just add a door), vehicle repair pit, I-beam hoist, air compressor, workbench, extensive storage, and additional utility space, perfect for contractors or business owners. Additional highlights include a storage shed with overhead door, quality finishes throughout, and endless possibilities for rental or business use, all in desirable Hudson. Schedule your showing today!

Listed by Andrew White and Ashlee Cantin of RE/MAX Innovative Properties

MLS Number 5108185

• Multifamily
• Village Suncook
• Address 182 Buck Street
• Units 4
• Bathroom 5

This Property is 100% worth a visit. It offers a unique opportunity for a family compound, owner occupied investors or traditional investors alike. Three newly renovated and restored buildings sit on top of a gradually sloping up hill lot over looking the Suncook River in Southern Pembroke against the Allenstown line. This 5.5 acre property includes a duplex, a single family home, a smaller single family home, 2 large sheds and an over-sized detached 2 car garage. The pictures speak for themselves and this property beams with upside. The two sheds and over-sized detached garage offer a high potential for additional storage space or any other clever conversions that come to mind. All buildings are in great condition and the peace and quiet experienced on this lot is second to none. Property is intended to be sold vacant of any tenants but the total projected monthly rental income ranges from anywhere between $12,000-$13,500 or possibly more depending on how creative you get. For showings, please contact the agent via Text Message. Texting will always produce the fastest and most efficient response.

Listed by Norris Viviers of First NH Real Estate

MLS Number 5100933

• Multifamily
• Address 12 Grondin Drive
• Units 8
• Bathroom 8
• Acreage 3.16

12 Grondin Drive is a three-story, eight (8) unit residential building containing eight (8) 2-Bedroom/1-Bathroom units with 10,800 square feet of gross living area situated on a 0.69-acre parcel in Farmington, New Hampshire. The Property is separately metered for electricity which the tenants pay directly. The Landlord is responsible for trash and recycling removal. Off-street parking is available on site. The Property is 100% occupied and was substantially renovated in 2025 with over $133,000 in capital improvements. In-place gross scheduled rent is $13,150 per month ($157,800 annually) across units ranging from $1,350 to $1,825 per month. Net Operating Income is $98,840 reflecting a 7.19% capitalization rate at the asking price of $1,375,000 ($171,875 per unit). An adjacent 3.16-acre parcel is available separately at $70,000 and may be acquired in combination with the building upon request. Showings by appointment only. Do not disturb occupants.

Listed by Justin Porter of EXP Realty