181 South & 19 Chase StreetClaremont, NH 03743MLS Number 4787767

  • Price: $665,000
  • Est. Mortgage of $/month
  • 39 Days on Market
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$
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$/month over payments
Federal 30-year interest rate: 3.65% last updated on Jan 16, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.5Acreage
  • 14Bathroom
  • 1900Year Built
  • 8,492Square Feet

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Listed by Rod Clermont of RE/MAX Innovative Properties

Cap Rate calculation of over 11!!! Gross current annual income of $146,539; Total Operating Expenses of $72,033 actual for 2019. Net Operating Income (NOI) of $74,720.00 The two buildings are on one lot on one deed, There is a total of 14 units. The City Assessment is based on a combined tax card with the two building with 14 units on a half acre lot. Plenty of parking. Professional managed. Buildings are 100% occupied with written leases in place. The heat is included in rents. The heating expense should drop as this fall and winter as all the units were converted from tenant controlled thermostat to landlord controlled... Visit this web site to view how they operate. (the attached income and expense sheet are complete and easy to read. Includes actual expenses for calendar year 2019. The income calculation are based on current lease income.)

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More Info

Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$665,000
  • Date Price Change12/11/2019
  • MLS Number4787767

Exterior

  • ExteriorVinyl
  • RoofShingle - Asphalt
  • Exterior ColorWhite

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water
  • WaterPublic
  • Water HeaterOil
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

  • TownClaremont
  • StateNH
  • Zip03743
  • CountySullivan
  • ZoningCR1
  • Flood Zone Y/NNo

Property

  • Acreage0.5
  • Parking Spaces
  • Lot151
  • Square Feet8,492
  • APX Fin AG Sqft8,492
  • RoadsPaved, Public
  • Lot DescriptionCorner, Level

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleApartment Building
  • Units14
  • # of 1 Bedrooms1
  • # of 2 Bedrooms12
  • # of 3 Bedrooms1
  • Bathroom14
  • Total Baths14
  • BasementBulkhead, Full, Walkout
  • FoundationConcrete

Other

  • Taxes$14,274
  • Seasonal Y/NNo
  • View Count3
LindeMac Real Estate
LindeMac Real Estate
Office: 603-643-4900
44 South Main Street
P.O. Box 5244
Hanover, NH 03777

Claremont, NH Schools

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Claremont, NH Real Estate Market Data

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Claremont, NH Demographics

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 17, 2020.

 

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