List Price: $550,000 | $116 per sq.ft. Multi Family A 5 Unit Multi Family Home
With 2 One Bedroom Units , 2 - Two Bedroom Units ,1 - Three Bedroom Units Listed Tuesday Jun 25, 2024 | MLS# 5002118


Exceptional investment opportunity in Claremont, NH, with this well-maintained five-unit multifamily property. Comprising two 1-bedroom units, two 2-bedroom units, and one 3-bedroom unit, each has been well maintained and kept in good condition. Unit 3 has recently received updates, including new appliances, kitchen fittings, flooring, and a fresh coat of paint. The exterior of the property was also refreshed with new paint. All five units are occupied, ensuring a steady rental income. The property features ample parking with a paved driveway and a spacious backyard for residents' enjoyment and relaxation. With potential for rental increases, this investment opportunity presents a compelling option for those seeking to grow their portfolio. The property includes coin-operated laundry in the basement for tenants' convenience, on-site parking, and two separate heating systems, all under 10 years old. The well-maintained backyard borders the St. Mary's School property. Conveniently situated near the scenic Sugar River, the property is in close proximity to downtown Claremont, local attractions, shopping, dining, and recreational activities. A prime addition to any portfolio, this property combines strong rental income, ease of maintenance, good condition and an attractive location.
Annual Expenses

Taxes: $5,681
Income
Construction: Wood Frame
Year Built: 1920
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 7865
Above Grade Sq.Ft.: 4737
Basement: Full
Foundation: Stone
Exterior Color: White
Roof: Slate
Seasonal: No
Heating: Hot Air
Cooling: Other
HeatFuel: Oil
Electric: Circuit Breaker(s)
Utilities: Cable | Other
Electric Meters:
Water: Public
Sewer: Public
Land Information
Level
Lot size: 0.25 acres
Zoned: CR2)
Surveyed: No
Flood Zone: No
Roads: Public
Road Frontage: 63
Driveway: Gravel


Easement - No
Block - 261
Taxes $5,681
Assesed Value Not Reported
Schools
School District: Claremont Sch District SAU #6

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