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Claremont Area NH Multi Family Homes $1000000 to $99999999
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Description:Exceptional investment opportunity with two strong income streams and development potential! This well-maintained property features 23 residential apartments and 78 storage units across 14 acres in a convenient yet peaceful setting. The residential component includes 1 studio, 20 one-bedroom units, and 2 two-bedroom units, offering a strong mix of rental options that attract long-term tenants. The apartments are set in a quiet location with open views and easy parking, providing tenants with the serenity of country living while maintaining easy access to Claremont and the Upper Valley. In addition to the residential buildings, the property includes 78 storage units totaling 7,800 rentable square feet, delivering steady year-round income with low maintenance requirements. The property’s layout and scale allow for efficient management and consistent occupancy across all uses. Adding to its value, the 22-acre parcel offers significant development potential — with ample frontage along a busy highway, the land is ideal for future storage facility expansion (subject to approvals). Whether you’re looking to grow your real estate portfolio, diversify with both housing and self-storage assets, or explore further development opportunities, 3507/3509 Claremont Road presents a rare and flexible investment in a desirable region. Listing agent has an ownership interest in the property.
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Description:Introducing Union Block Apartments; a distinguished three-story, 40 unit, mixed-use brick building located in the heart of downtown Claremont, situated on a ±0.31-acre urban parcel on the corner of Pleasant Street and Opera House Square. This high-performing, fully renovated asset includes 34 modern residential apartments and 6 street-level retail spaces, creating diversified revenue streams within a historic downtown setting. Under the current ownership, it once again saw a new lease on life and was again comprehensively rebuilt in 2024 where the property underwent a complete gut renovation with every unit taken to the studs and modernized. Improvements include full electrical rewiring throughout all apartments, updated plumbing and drain lines, new bathrooms and kitchens, cosmetic updates to all apartments, all brand-new metal windows constructed to historic standards, refreshed common areas with modern flooring, paint, and lighting, and the installation of a building-wide security system. Mechanical infrastructure features forced hot water distributed via baseboards, supported by two active oil-fired boilers and three additional wood pellet burner boilers offering future operational flexibility. A building-wide air exchange system enhances temperature regulation and air quality. The building is fully sprinklered for life safety and benefits from completed roof repairs and a 6,000-gallon underground oil storage system. Additional income is generated through a recently refreshed owned coin-operated laundry facility consisting of three washers and three dryers. Trash service is provided through a long-term dumpster lease for tenant convenience on the neighboring property with a lease extending through November 2035. The property does not include on-site parking, but its central downtown location supports walkability and tenant accessibility to many municipal lots and garages within just a few blocks of the building. Broker interest- financials available upon request