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$450,000 | $95 per sq.ft. A 5  Unit Multi Family Home, in Claremont NH With 2 - One Bedroom Units | 2 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5036734




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Listed by Viktoria Alkova KW Coastal and Lakes & Mountains Realty on April 17th 2025
65 Sullivan Street Claremont NH 03743


DESCRIPTION


Take advantage of this investment opportunity in Claremont, featuring a fully occupied five-unit multifamily property with strong rental performance. The unit mix includes two 1-bedroom, two 2-bedroom, and one 3-bedroom apartment--appealing to a range of tenants. The property has been well maintained, with recent updates to Unit 4, including new kitchen finish, appliances, flooring, and interior paint. Unit 3 has received new paint, fixtures and kitchen updates. The building exterior has been recently painted. Residents benefit from ample paved parking and a large backyard that borders St. Mary's School grounds. Separate electric meters for each unit for ease of maintenance. Located within walking distance to downtown Claremont's shops, dining, and recreational spots, this property offers immediate income with room for growth through potential rent increases--an excellent addition to any investment portfolio. Part of a 19 unit rental portfolio. Seller is a licensed realtor.
Gross Income : $81388
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UNIT 1 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
UNIT 2 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
UNIT 3 INFORMATION
Beds: 2
Baths: 1
UNIT 4 INFORMATION
Beds: 2
Baths: 1
UNIT 5 INFORMATION
Beds: 3
Baths: 1
Rooms: 0

CONSTRUCTION

Wood Frame | Exterior Color White | Year Built: 1920
No. of Floors:2.5
Total Sq.Ft. Finished: 4737
Above Grade Sq.Ft.: 4737
Price Per SQ.FT. 95.00
Basement: Full
Foundation: Stone
Heating: Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable | Other
Electric Meters:
Style: Multi-Family
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Garage And Parking: On-Site | Other
Seasonal: No
LAND LOT INFORMAITION
Lot Description: Level
Lot size: 0.25 acres
Zoned: CR2
Surveyed: Unk
Flood Zone: No
Road Frontage: 63
Driveway: Gravel
PROPERTY INFORMATION
Taxes $9,714

AREA INFORMATION
School District: Claremont Sch District SAU #6