NOT LISTED FOR SALE
6 Beds
5 Baths
3,868 Sq Ft
0.28 Acres

Last Sold July 12, 2024

Last sale price $305,000 $79 Per Sq Ft

14 Days on Market

Highlights

  • New Englander Architecture
  • High Speed Internet
  • Level Lot
  • 4 Car Garage

About This Home

As of July 2024

Great investment property priced at an 8% cap rate. Centrally located in historic Claremont NH, this multi-family property is full of charm. It has 5 units of which 1 is vacant and currently being emptied. The other 4 units have good tenants. of the 5 units, 4 mow are responsible for their own heat; 2 being converted over in 2024. With rents being comparable with the local area the value of this investment will work in your favor. A little additional renovation and it will continue to be a great investment. 2023 financials are available with a signed Confidentiality and Non-Disclosure Agreement. **Showings are being scheduled on both Friday, the 19th, of April from noon to 4pm and Tuesday, the 23rd of April from 10am to completion. Offers will no longer be accepted after Thursday, the 25th of April at 5pm.

Last Agent to Sell the Property

Alan Croteau

Real Property Options License #055327 Listed on: 04/15/2024

Co-Listed By

Rebecca Hastings

Real Property Options License #075808

Last Buyer's Agent

Ross Doody

Century 21 Highview Realty

Century 21 Highview Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,788

Year Built

  • Built in 1910

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Slate Roof
  • Metal Roof
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 5 Full Bathrooms
  • 2.5-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Location

  • City Lot

Schools

  • Maple Avenue Elementary School
  • Claremont Middle School
  • Stevens High School

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • 100 Amp Service
  • Propane
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 28
  • 28% Total Tax Rate

Community Details

Overview

  • 5 Units
  • Real Property Options Association

Building Details

  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,788

Year Built

Built in 1910

Lot Details

0

Parking

4

Listing Details

  • Status Detail: Closed
  • Directions: From Newport, take Broad Street to Summer Street beside High School. Turn left on to Bond Street, House is the green one on the left. From Charlestown stay on route 11 which turns into Pleasant Street. At light by Cumberland Farms gas station, turn right on to Summer Street then right onto Bond.
  • Assessment Amount: 316100
  • Assessment Year: 2023
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 78.85
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7747
  • Sq Ft - Apx Total Finished: 3868
  • Year Built: 1910
  • List Agent: 23521
  • Display On Internet: DSL – Available, High Speed Intrnt -Avail
  • Architectural Style: Multi-Family, Multi-Level, New Englander
  • ResoLotFeatures: City Lot, Level, Sidewalks, Street Lights
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Rooms Above Ground: 18
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete, Crawl Space, Concrete Floor, Dirt Floor, Exterior Access, Full, Insulated, Interior Access, Stairs - Basement, Stairs - Exterior, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 3868
  • Sq Ft - Apx Unfinished AG: 2199
  • Sq Ft - Apx Unfinished BG: 1680

Exterior Features

  • Driveway: Gravel, Paved
  • Foundation: Brick, Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Slate
  • Construction Type: Clapboard Exterior, Vinyl Siding

Garage/Parking

  • Garage Capacity: 4
  • Garage: Yes

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Fuel Company: Eastern Propane
  • Sewer: Metal, Public
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Gas Heater
  • Electric Company: Eversource
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Gas Meters: 5
  • Total Heat Units: 5
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 5
  • Trash: Dumpster, Private
  • Utilities: Cable - Available, Gas - Lp/Bottle, Telephone Available
  • Water Source: Metered, Public

Condo/Co-op/Association

  • Management Company: Real Property Options

Schools

  • Elementary School: Maple Avenue Elementary School
  • High School: Stevens High School

Lot Info

  • Map: 132
  • Lot: 28
  • Lot Sq Ft: 12197
  • Lot Acres: 0.28
  • Zoning: CR2
  • Deed Book: 1229
  • Deed Page: 0612
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 27.8
  • Tax Gross Amount: 8787.58
  • Tax Year: 2023

Multi Family

  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 1

MLS Schools

  • School District: Claremont Sch District SAU #6
  • School Middle Jr: Claremont Middle School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $305,000 +36.6% $79 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $223,292 -- $58 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4991367

PrimeMLS

APN: CLMN M:132 L:28