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$450,000 | $93 per sq.ft. A 5  Unit Multi Family Home, in Claremont NH With 2 - One Bedroom Units | 3 - Two Bedroom Units MLS# 5036731


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Listed by Viktoria AlkovaKW Coastal and Lakes & Mountains Realty on April 17th 2025

DESCRIPTION

Situated just minutes from downtown Claremont and steps from Monadnock Park, this fully occupied five-unit multifamily offers an attractive opportunity for investors seeking strong rental income in a growing market. The property includes two spacious 2-bedroom units and three well-maintained 1-bedroom units--each thoughtfully updated for tenant comfort and long-term value. Renovations include new paint and fixtures throughout, with bathroom upgrades in Units 1 and 2. Unit 2 is move-in ready for a new tenant. Unit 4 has been extensively updated with hardwood flooring, a modern kitchen with new appliances, fresh paint, and a remodeled bathroom. A newer water heater tank serves the building, and the property is features on-site parking, along with additional street parking for added tenant convenience. All units are currently rented, providing immediate cash flow. With continued demand for rentals in the Claremont area and limited local inventory, this is a turnkey opportunity for those seeking a stable investment or a property suitable for a 1031 exchange. Seller is a licensed realtor.
Gross Income : $81380
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UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
UNIT 3 INFORMATION
Beds: 1
Baths: 1
UNIT 4 INFORMATION
Beds: 2
Baths: 1
UNIT 5 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
CONSTRUCTION
Wood Frame | Clapboard Exterior | Vinyl Siding | Exterior Color White | Year Built: 1880
No. of Floors:2.5
Total Sq.Ft. Finished: 4849
Above Grade Sq.Ft.: 4849
Price Per SQ.FT. 92.80
Basement: Full
Foundation: Concrete
Heating: Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 6
Style: Multi-Family
Roof: Membrane | Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: On-Site
Seasonal: No
LAND LOT INFORMAITION
Lot Description: Level
Lot size: 0.25 acres
Zoned: PR
Surveyed: Unk
Flood Zone: No
Road Frontage: 70
Driveway: Paved
PROPERTY INFORMATION
Taxes $11,203
AREA INFORMATION
Elementary School: Bluff School
Middle School: Claremont Middle School
High School: Stevens High School
Coldwell Banker Homes Unlimited Real Estate
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