List Price: $340,000 | $145 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 3 One Bedroom Units , 0 - Two Bedroom Units ,1 - Three Bedroom Units Listed Tuesday Jul 16, 2024 | MLS# 5005302
With 3 One Bedroom Units , 0 - Two Bedroom Units ,1 - Three Bedroom Units Listed Tuesday Jul 16, 2024 | MLS# 5005302
Unit 4
Unit 4
Unit 4
Unit 4
Unit 4
Unit 4
Unit 4
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 3
Unit 2
Unit 2
Unit 2
Unit 2
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.
Operating Expenses : Heat,Insurance,Snow Removal,Trash,Water/Sewer
Annual Expenses
Taxes: $5,352
Taxes: $5,352
Income
Gross Income | $61,500
NetIncome | $47,000
Gross Income | $61,500
NetIncome | $47,000
UNIT 1
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
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
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
Beds: 1
Baths: 1
Rooms: 3
Tenant Pays : Electric,Internet Service
Rent : 1100.00 Monthly
Lease Term : Annual
Status : Leased
Construction: Vinyl Siding
Year Built: 1880
Style: Apartment Building | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3528
Above Grade Sq.Ft.: 1176
Below Grade Sq.Ft.: 1176
Basement: Daylight | Finished | Full
Foundation size 42x28.
Foundation: Brick | Concrete | Fieldstone
Year Built: 1880
Style: Apartment Building | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3528
Above Grade Sq.Ft.: 1176
Below Grade Sq.Ft.: 1176
Basement: Daylight | Finished | Full
Foundation size 42x28.
Foundation: Brick | Concrete | Fieldstone
Exterior Color: White
Roof: Shingle - Asphalt
Garage And Parking: On-Site
Seasonal: No
Roof: Shingle - Asphalt
Garage And Parking: On-Site
Seasonal: No
Heating: Propane | Gas Heater | Gas Heater - Vented | Monitor Type
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Utilities: Cable | Gas - LP/Bottle
Electric Meters: 4
Gas_Meters: 0
Water: Public
Sewer: Public
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Utilities: Cable | Gas - LP/Bottle
Electric Meters: 4
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
City Lot | Corner
Lot size: 0.07 acres
Zoned: CR2)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 75
Driveway: Gravel
City Lot | Corner
Lot size: 0.07 acres
Zoned: CR2)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 75
Driveway: Gravel
Docs Available : Deed | Property Disclosure
Block - 000
Taxes $5,352
Assesed Value Not Reported
Schools
School District: Claremont Sch District SAU #6
School District: Claremont Sch District SAU #6
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion
of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to
consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM