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Multi Family Home $945,000 | $121 per sq.ft.
7 Unit Multi Family Home,
37-45 Pleasant Street Claremont NH
With 1 - One Bedroom Units | 3 - Two Bedroom Units
| MLS# 5077955 -
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Listed by Matthew Lefebvre Downtown Realty on March 2nd 2026
DESCRIPTION
Introducing Baker's Block; a distinguished three-story, 7-unit mixed-use brick building located in the heart of downtown Claremont, prominently situated on a ±0.22-acre urban lot. Positioned along one of Claremont's primary downtown corridors, the property offers a stabilized income stream supported by both residential and commercial tenancy. Baker's Block features a well-balanced unit mix consisting of four residential apartments -- a combination of spacious one- and two-bedroom layouts -- alongside three street-level commercial units. The property has undergone substantial renovations over the past two years, including comprehensive updates to all residential units and commercial spaces, modernizing interiors while preserving the character of the historic brick structure. Additional capital improvements include updated common areas, lead abatement in one apartment and portions of the common space, replacement windows, a new boiler, new water heaters, upgraded electrical service and panels, plumbing improvements, roof replacement, a rebuilt fire escape, and the installation of building-wide internet, security systems, and electronic locks on residential unit doors. Mechanical systems consist of a combination of forced hot water and direct-vent heating units fueled by propane, providing operational flexibility. The property also benefits from supplemental income through three leased off-site parking spaces rented to the neighboring property at 32-40 Pleasant Street for $50 per month per space, while on-site parking provides one dedicated space per residential unit with convenient trash service located within the parking area. With its recent renovations, diversified income streams, strong occupancy history, and central downtown location, Baker's Block represents an attractive turnkey mixed-use investment opportunity. Property sold as a package with 524 Sunapee Street, Newport, NH. Broker Interest. Financials available upon execution of NDA.
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CONSTRUCTION
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Wood Frame | Brick Exterior Exterior Color : Brick
Year Built: 1906
No. of Floors: 3
Total Sq.Ft. Finished: 7815
Above Grade Sq.Ft.: 7815
Price Per SQ.FT.: $120.92
Basement: Concrete Floor | Finished | Full
Heating: Propane | Hot Water
Cooling: None | Wall AC Units
Electric: 100 Amp Service | Circuit Breaker(s)
Utilities: Propane
Electric Meters: 8
Gas_Meters: 7
Style: Apartment Building | Multi-Family | Multi-Level
Roof: Membrane
Water: Public
Sewer: Public
Seasonal: No
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LAND INFORMATION
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City Lot
Lot size: 0.22 acres
Zoned: Mixed-Use)
Surveyed: Unk
Flood Zone: No
Driveway: Paved
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ADDITIONAL INFORMATION
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Taxes $13,064 | Assesed Value $0 in
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AREA INFORMATION
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