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- Under Contract
Listed Thursday Sep 12, 2024
$379,900 | $83 per sq.ft. | Number of Units 5 Total Sq. Ft. 4580 | Acres: 0.69 CLAREMONT NH
View Details & 9 images
Description:Here is a 5 UNIT with a 5 car garage. Plenty of parking with a .69 Acre level lot. Long term tenants, with some being there for 10 to 12 years and hoping to remain in their home. The building needs some cosmetics but the bones appear to be rock solid. And the Seller has a recent letter from the Claremont Fire Dept. for meeting the State of N.H. Safety codes for multi family buildings. With room to bump up the rents, this really can be a great investment.
- New Listing!
Listed Saturday Mar 1, 2025
$424,850 | $101 per sq.ft. | Number of Units 4 Total Sq. Ft. 4223 | Acres: 0.28 CLAREMONT NH
View Details & 35 images
Description:Beautifully maintained 4-unit investment property. The photos tell it all. This prime investment property is unlike most in the area. 4 apartment incomes at market rate, 3 garage spaces rented out and a 4th would be available after the sale. After sale upside could be the additional garage rental, storage rental above the garage and adding coin-op laundry machines down in the basement where a standard washer and dryer currently exist. The basement is mostly finished and includes a nice maintenance type of break room, a laundry room and a 3/4 bath. Close distance to a convenience store and downtown Claremont. Other than the rentable garage spaces, the property contains a minimum of 5 other on-site parking spaces. At a 7.0% cap rate, this may fit well for a 1031 exchange buyer. 2024 financials and NOI valuation available with the signing of our Confidentiality and Non-Disclosure Agreement.
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