$424,850
SOLD MAY 2, 2025
6 Beds
5 Baths
4,223 Sq Ft
0.28 Acres

Recently Sold

$101 Per Sq Ft

50 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Parking Storage or Cabinetry
  • Corner Lot
  • 4 Car Attached Garage
  • Garden

About This Home

As of May 2025

Beautifully maintained 4-unit investment property. The photos tell it all. This prime investment property is unlike most in the area. 4 apartment incomes at market rate, 3 garage spaces rented out and a 4th would be available after the sale. After sale upside could be the additional garage rental, storage rental above the garage and adding coin-op laundry machines down in the basement where a standard washer and dryer currently exist. The basement is mostly finished and includes a nice maintenance type of break room, a laundry room and a 3/4 bath. Close distance to a convenience store and downtown Claremont. Other than the rentable garage spaces, the property contains a minimum of 5 other on-site parking spaces. At a 7.0% cap rate, this may fit well for a 1031 exchange buyer. 2024 financials and NOI valuation available with the signing of our Confidentiality and Non-Disclosure Agreement.

Last Agent to Sell the Property

Alan Croteau

Real Property Options License #055327 Listed on: 03/05/2025

Last Buyer's Agent

Sandy Reavill

Real Broker LLC License #081.0134237

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,148

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • Level Lot
  • Garden

Parking

  • 4 Car Attached Garage
  • Parking Storage or Cabinetry
  • Leased Parking
  • Automatic Garage Door Opener
  • Driveway
  • Assigned Parking
  • 1 to 5 Parking Spaces

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1.75 Levels

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Schools

  • Disnard Elementary School
  • Claremont Middle School
  • Stevens High School

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator

Additional Features

  • Covered Patio or Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 107

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Gross Income $66,958
  • Net Operating Income $30,098

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,148

Year Built

Built in 1900

Lot Details

0

Parking

4

Listing Details

  • Directions: On the west side of Main Street on the corner of Main Street and Lafayette Street. Across from Bank Avenue. GPS location works.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: High Speed Intrnt -Avail,Internet - Cable
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Corner Lot, Landscaped, Level, Major Road Frontage, In Town, Near Shopping, Near Public Transit
  • Road Frontage Type: Paved, Public
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 3184.0
  • Unit Levels: 1.75
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 4223
  • SqFt_Apx_Unfn_Above_Grade: 572
  • SqFt_Apx_Unfn_Below_Grade: 30
  • SqFt_Apx_Total: 4825
  • Basement_Access_Type: Walk-up
  • Separate_Utilities: Varies
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater – Domestic, Water Heater – Electric
  • Total Bedrooms: 6
  • Flooring: Carpet, Hardwood, Vinyl Plank
  • Basement: Climate Controlled, Concrete Floor, Full, Partially Finished, Storage - Assigned, Sump Pump, Unfinished, Exterior Entry, Stairs - Basement
  • Basement YN: Yes
  • Below Grade Sq Ft: 1039.0

Exterior Features

  • Driveway: Paved
  • Exterior Features: Fence - Partial, Garden, Porch - Covered
  • Roof: Metal, Standing Seam
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Brick/Mortar, Poured Concrete, Stone

Garage/Parking

  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Auto Open, Storage Above, Assigned, Driveway, Garage, Leased, On Site, Parking Spaces 1 - 10, Paved, Attached

Utilities

  • Electric: 100 Amp Service, 220 Volts, Circuit Breakers, Generator
  • Sewer: Public Sewer
  • Heating: Oil, Baseboard, Electric, Heat Pump, Hot Air, Hot Water, Zoned, Mini Split
  • Cooling: Individual, Mini Split
  • Trash: Cans, Owner
  • Utilities: Cable Available, Phone Available
  • Water Source: Metered, Public

Condo/Co-op/Association

  • Restrictions: Smoking - No

Schools

  • Elementary School: Disnard Elementary
  • High School: Stevens High School
  • Middle Or Junior School: Claremont Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: CR2
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197.0

Multi Family

  • Gross Income: 66958.0
  • Number Of Units Total: 4
  • Net Operating Income: 30098.0
  • Number Of Units Leased: 4
  • Number Of Separate Electric Meters: 5

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11148.06
  • Tax Block: 0
  • Tax Lot: 111
  • Tax Map Number: 107

Range of Values:

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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 Change Sq Ft Price
05/02/2025 05/02/25 Sold $424,850 0.0% $101 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $424,850 0.0% $101 / Sq Ft
03/07/2025 03/07/25 Off Market $424,850 -- --
03/06/2025 03/06/25 For Sale $424,850 0.0% $101 / Sq Ft
03/06/2025 03/06/25 Off Market $424,850 -- --
03/05/2025 03/05/25 For Sale $424,850 +142.8% $101 / Sq Ft
07/17/2014 07/17/14 Sold $175,000 -2.7% $44 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $179,900 -- $45 / 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: 5031138

PrimeMLS