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$340,000 | $145 per sq.ft. A 4  Unit Multi Family Home, in Claremont NH With 3 - One Bedroom Units | 1 - Three Bedroom Units MLS# 5005302



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Listed by Colleen WhitneyEXP Realty Cell: 603-325-5909
on July 16th 2024


DESCRIPTION


Gross income 61K Net Operating Income around 40K with a cap rate of 11%. New roof 2024, 3 of the 4 units have been freshly painted, new flooring and updated bathrooms. Solid tenants with leases. This property is within walking distance of downtown Claremont. Neighborhood is of mixed use. New to investing or a seasoned investor? This property is ready to make you money. Photos are from 2023 after renovations. Agent is related to Seller.
Gross Income : $61500
Net Income: $

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UNIT 1 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Level: 1
Info : Appliances Included,Heat Included,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Electric,Internet Service
Rent : 1200.00 Monthly
Lease Term : Annual
Status : Leased

UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 2
Info : Appliances Included,Heat,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Electric,Heat,Hot Water,Internet Service
Rent : 1000.00 Monthly
Lease Term : Annual
Status : Leased

UNIT 3 INFORMATION

Beds: 3
Baths: 1
Rooms: 5
Info : Appliances Included,Heat Included,Range - Electric,Refrigerator,Smoke Detector
Tenant Pays : Electric,Internet Service
Rent : 1750.00 Monthly
Lease Term : Annual
Status : Leased

UNIT 4 INFORMATION

Beds: 1
Baths: 1
Rooms: 3
Tenant Pays : Electric,Internet Service
Rent : 1100.00 Monthly
Lease Term : Annual
Status : Leased

CONSTRUCTION

Vinyl Siding | Exterior Color White | Year Built: 1880
No. of Floors:2
Total Sq.Ft. Finished: 2352
Above Grade Sq.Ft.: 1176
Below Grade Sq.Ft.: 1176
Apx Below Grade Unfinished Sq.Ft.: 0
Price Per SQ.FT. 144.56
Basement: Daylight | Finished | Full
Foundation size 42x28.
Foundation: Brick | Concrete | Fieldstone
Heating: Gas Heater | Gas Heater - Vented | Monitor Type
Cooling: None
HeatFuel: Gas - LP/Bottle
Electric: 100 Amp | Circuit Breaker(s)
Utilities: Cable | Gas - LP/Bottle
Electric Meters: 4
Gas_Meters: 0
Style: Apartment Building | Multi-Family
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: On-Site
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot | Corner
Lot size: 0.07 acres
Zoned: CR2
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 75
Driveway: Gravel

PROPERTY INFORMATION

Docs Available : Deed | Property Disclosure
Taxes $5,352
 | Assesed Value $192,500 in 2023

AREA INFORMATION

School District: Claremont Sch District SAU #6