- For Sale $3,500,000
- Property Type Multi-Family
- Property Size 12,119 SF
- Units 20
- Lot Size 0.38 Acre
- Year Built 1900
- Year Renovated 2025
- Date Updated May 7, 2026
Description
Nashua is a powerhouse economic hub strategically positioned on the Massachusetts border along the high-growth Route 3 corridor. Just 45 minutes from Boston and 20 minutes from Manchester, the city leverages a favorable tax climate—featuring no state income or sales tax—to attract a robust workforce and a massive regional retail base anchored by the Pheasant Lane Mall. Once a textile center, Nashua’s modern economy is driven by high-tech and defense leaders like BAE Systems, alongside top-tier healthcare institutions such as Southern NH Health and St. Joseph Hospital. With a resilient population of over 91,000 and a competitive real estate market characterized by high demand and low vacancy, Nashua offers a perfect blend of urban-suburban living, making it an ideal destination for both institutional investors and commuters seeking a high quality of life within reach of the Greater Boston metropolitan area.New England Realty Advisors is pleased to present the Downtown Nashua Collection, a strategic 20-unit mixed-use portfolio in Nashua, NH, consisting of 18 residential units—including 15 one-bedrooms, 2 two-bedrooms, and one studio—alongside two high-visibility retail spaces. This three-building package features 136 West Pearl St (a 5,709 SF mixed-use corner asset), 54 Walnut St (a 2,436 SF four-unit with rented garage spaces), and 39.5 Ash St (a 3,864 SF six-unit building), all supported by extensive off-street parking. The portfolio has undergone significant capital improvements, including a new roof at West Pearl St, updated electrical, and state-of-the-art heating systems, with 77% (14 out of 18) of the residential units fully renovated with quartz countertops, white cabinetry, and modern luxury finishes. This turnkey opportunity provides immediate positive cash flow on day one with significant remaining upside to market-rate rents and minimal near-term capital expenditure required. All interested parties will have the opportunity to obtatin additional information upon request.
Highlights
- 14 out of 18 residential units have been fully renovated (77%)
- Major capital improvements over past year
- Off street parking
- Strong cash on cash returns day 1
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Contacts
Brad Carlson
New England Realty Advisors
Location
Located at 136 W Pearl St, Nashua, NH 03060, this property is part of the Mine Falls Park neighborhood and Boston market.
Contact Listing Broker
Brad Carlson
New England Realty Advisors