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Listed by Viktoria V Alkova • KW Coastal and Lakes & Mountains Realty
$ 1,336,000
Est. payment | /mo
2,297 SqFt
$ 1,336,000
Est. payment | /mo
2,297 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,297 sqft
Price per Sqft $581
MLS Listing ID 5074345
Construction Status To Be Built
Lot Size 1.140 Acres
Acres 1.14
Property Description
16 ZBA-approved townhomes in Nashua at $85,000 per unit. 1.14 acres across from Atherton Park and near Longfellow Swim and Tennis Club. Nashua ZBA granted variances on 3/10/26 for 16 townhomes in 3 buildings. List price is for the two lots and the ZBA package only. Price does not include construction. Buyer brings its own site and building plans for the Planning Board. Seller will separately consider providing site and building plans for a higher price or an equivalent premium under written agreement. Flat lots. No new road, blasting, or excess fill is required. Gas and city utilities at the street. Current concept allows up to 3-bedroom and 2.5-bathroom units, each with a garage, ample parking, 6 end units, and a maximum footprint of 30x20 unless the ZBA is revisited. Build-for-sale or build-to-rent. Build in phases or all at once. New townhomes in the area have been in the $400,000-$500,000 range. Seller is the optionee under contract to buy the property and is offering that purchase right plus the ZBA work product. Sale is contingent on Seller completing its underlying purchase. Cash, owner financing, joint venture, and option assignment will be considered. Buyer to verify all approvals, utilities, soils, costs, rents, and comps.
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning RA
Interior
Cooling Central AC
Inclusions Land/Building
Exterior
Garage Spaces 21.0
Utilities Available Cable
Waterfront Description No
View Y/N No
Water Access Desc No
View No
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public
Architectural Style Multi-Family
Construction Status To Be Built

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