You are viewing Claremont NH Multi Family Homes between $500000 and $1000000 dollars.

$699,000 $88 per sq.ft. Claremont NH Multi Family »


Price Change! Reduced by $296,000 down 42% on April 24th 2024
Number of Units 11   Total Sq. Ft. 8052  |  Acres: 0.07
Thursday Feb 29, 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. See MLS Property & Listing Details & 27 images.

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5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

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