Price Reduced Listing
Description
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. The sale of this property being listed is contingent upon the proposed Seller (or "Owner") completing their purchase of this property. "Seller" currently has this property under contractfor purchase. List price does not include the construction of the condominium units. This parcel must be bought with 19 Atherton, Nashua.
Details
| MLS # | 5068087 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1920 |
| Days On Site | 330 |
| Listing Provided By | KW Coastal and Lakes & Mountains Realty | Viktoria V Alkova |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | RA |
| Acreage | 0.51 |
Interior
| Rooms Total | 6 |
|---|---|
| Cooling | None |
| Heating | Forced Air |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Construction Materials | Stucco |
| Foundation Details | Concrete |
| Lot Features | Level |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Cable |
|---|---|
| Electric | 220 Volts |
| Sewer | Public |
Taxes
| Tax Annual Amount | 7043.7 |
|---|---|
| Tax Block | 00022 |
| Tax Lot | 00000 |
| Tax Year | 2024 |
Area Information
| State | NH |
|---|---|
| County | Hillsborough |
| City | Nashua |
| Zip Code | 03060 |
| Area | NH Hillsborough |
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Learn More About This Property
| State | NH |
|---|---|
| County | Hillsborough |
| City | Nashua |
| Zip Code | 03060 |
| Area | NH Hillsborough |
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