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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$649,000

Price Change! reduced by $346,000 on May 9th 2024
MLS# 4986441
12000 sq.ft. Bedroom | 0 Bathroom
Multi Family
65 Pleasant Street Claremont NH
 
Price Change! reduced by $346,000 on May 9th 2024
$649,000 | $54 per sq.ft. | MLS# 4986441 A 11  Unit Multi Family Home, 65 Pleasant Street Claremont NH With 3 - One Bedroom Units | 3 - Two Bedroom Units

Description:
Cash buyers and investors, here is the rare investment opportunity that you've been waiting for! 10 residential apartments fully rented with long term tenants. Currently a six figure income producing property and set on the corner of pleasant street and school street is conveniently located within walking distance to grocery stores, shops, gas stations, and restaurants. The property currently has 10 residential income producing units PLUS a 3000 square foot commercial space on the first floor with a long term triple net lease available. The untapped potential of the unoccupied fourth floor outfitted with electric can accommodate an additional mix of 4-5 one and two bedroom units. Due to the fact that the property sits on the corner and has an additional two floors then the property adjacent residential levels of the building are surrounded by windows. The untapped potential of the building would be an excellent fit for a buyer looking for a property that has excellent current cash flow and can be doubled through future development. A great opportunity for the seasoned investor awaits. The property is priced to sell and is per unit the best value of all other comparable multi unit properties in the state of New Hampshire. **Please do not visit property without prior approval to respect the privacy of the current owners and tenants.

Annual Expenses
Taxes: $7,382
    Income

FEATURES AND DETAILS

CONSTRUCTION: Masonry | Price Per SQ.FT. 54.08 | Year Built: 1935
LAND DESCRIPTION: LOT DESCRIPTION: Corner | Other | Sidewalks
Livable Space: 12000
Above Grade Sq.Ft.: 12000
Below Grade Sq.Ft.: 0
Foundation: Concrete
Heating: Steam
Cooling: None
HeatFuel: Oil
Electric: Circuit Breaker(s) | Fuses
Style: Apartment Building
Roof: Flat
Water: Public | Public Water - At Street
Sewer: Public Sewer at Street
Lot size: 0.07 acres
Zoned: MU
Surveyed: Unk
Flood Zone: No
Seasonal: No
Roads: Paved | Public
Road Frontage: 0
Driveway: Other

ADDITIONAL INFORMATION
Taxes $7,382  | Assesed Value $177,100 in 2022
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

Prime MLS Logo Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 15th, 2024

nharlogo 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 at the following websites and you are encouraged to read these documents. Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
https://www.sec.state.vt.us/media/711742/Mandatory-Consumer-Disclosure-for-a-Non-Designated-Agency-Brokerage-Firm-9-24-2015.pd

NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM
http://www.nh.gov/nhrec/Brokerage%20Relationship%20Disclosure%20Form%207-19-11.pdf