You are viewing Claremont NH Multi Family Homes between $500000 and $1000000 dollars.
Claremont NH Multi Family for sale $$825,000 $104 per sq.ft.

$825,000 $104 per sq.ft. Claremont NH Multi Family »
Price Change! Reduced by $170,000 down 21% on March 27th 2024
Number of Units 11   Total Sq. Ft. 8052  |  Acres: 0.07
Thursday Feb 29, 2024
Description: We're proud to bring to the open market one of the few remaining historical brick buildings in downtown Claremont New Hampshire. 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. This is one of few remaining brick mixed use structures with the potential to house 15 residential units in New Hampshire. 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. This opportunity will not last and we encourage those interested to reach out with questions and offers. See MLS Property & Listing Details & 1 images.
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5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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