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$225,000 | $80 per sq.ft. A 2  Unit Multi Family Home, in Claremont NH With 2 - Three Bedroom Units MLS# 5021819



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Listed by Nick GrayGray Property Group, LLC on November 11th 2024


DESCRIPTION


Back on market after new management hired, building improvements made, and leases updated. Nicely updated duplex in the heart of charming and historic Claremont. This fully-occupied property features two spacious 3-bedroom, 1-bathroom units rented at $1,600/month each to month-to-month tenants. Tenants are responsible for their own hot water and electricity, meanwhile the landlord pays for heat and water/sewer. The owner is in the process of replacing old wiring to code and 2022 improvements include freshly sanded and painted clapboard siding, new vinyl windows, and updated finishes in one of the apartments (stainless appliances, wood cabinets, and vinyl plank flooring). The property offers 3 to 4 paved off-street parking spaces and there is ample street parking nearby. In addition, the property has an unfinished third floor, which presents a potential opportunity to add living space to each unit subject to buyer's own due diligence and city approval. Owner is a real estate licensee.
Gross Income : $38200
Net Income: $

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UNIT 1 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Level: 1
Info : Dishwasher,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 1600.00 Monthly
Signed Lease : Unk
Status : Month to Month

UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Level: 2
Info : Dishwasher,Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water
Rent : 1600.00 Monthly
Signed Lease : Unk
Status : Month to Month

CONSTRUCTION

Clapboard Exterior | Exterior Color Blue | Year Built: 1900
No. of Floors:2
Total Sq.Ft. Finished: 2800
Above Grade Sq.Ft.: 2800
Apx Below Grade Unfinished Sq.Ft.: 1344
Price Per SQ.FT. 80.36
Basement: Concrete Floor
Foundation: Concrete
Heating: Oil | Steam
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Style: Apartment Building
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot
Lot size: 0.11 acres
Zoned: CR2
Surveyed: No
Flood Zone: No
Roads: Paved
Road Frontage: 52
Driveway: Paved

PROPERTY INFORMATION

Taxes $0

AREA INFORMATION