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Multi Family Home
Price Change! reduced by $296,000
down 42% on April 24th 2024
$699,000 | $88 per sq.ft.
11 Unit Multi Family Home,
65 Pleasant Street Claremont NH
With 3 - One Bedroom Units | 3 - Two Bedroom Units
| MLS# 4986441 -
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Listed by Team AmeraBay AmeraBay on February 29th 2024
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. **One time showing opportunity. **Please do not visit property without prior approval to respect the privacy of the current owners and tenants.
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CONSTRUCTION
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Masonry Year Built: 1935
No. of Floors: 4+
Total Sq.Ft. Finished: 8052
Above Grade Sq.Ft.: 7968
Below Grade Sq.Ft.: 84
Price Per SQ.FT.: $87.73
Basement: Partially Finished
Foundation: Concrete
Heating: Steam
Cooling: None
HeatFuel: Oil
Electric: Circuit Breaker(s) | Fuses
Utilities: None | Other
Electric Meters:
Style: Apartment Building
Roof: Flat
Water: Public | Public Water - At Street
Sewer: Public Sewer at Street
Seasonal: No
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LAND INFORMATION
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Corner | Other | Sidewalks
Lot size: 0.07 acres
Zoned: MU)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Road Frontage: 0
Driveway: Other
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ADDITIONAL INFORMATION
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Taxes $7,382 | Assesed Value $177,100 in 2022
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AREA INFORMATION
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