181 South & 19 Chase StreetClaremont, NH 03743MLS Number 4859460

  • Price: $915,000
  • Est. Mortgage of $/month
  • 45 Days on Market
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%
$/month over payments
Federal 30-year interest rate: 2.93% last updated on Jun 17, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Pending
181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743181 South & 19 Chase Street Claremont NH 03743
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  • 0.5Acreage
  • 14Bathrooms
  • 1900Year Built
  • 8,492Square Feet

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Listed by Rod Clermont of RE/MAX Innovative Properties
14 Units in two buildings!! Not many investment opportunities like this come along. Cap Rate calculation at over 10!!! Gross current annual income of $183,480; Estimated Net Operating Income (NOI) of $91,740.00. There are two buildings on one lot and one deed, A 6 and 8 unit building with a total of 14 units. . They may be bought separately or together. The City Assessment and taxes are based on a combined tax card with the two building, 14 units on a half acre lot. Tax amount quoted in listing is for both properties. Plenty of parking. Professional managed. Buildings one unit shy of 100% occupied with written rental agreements and lease in place. Most are TAW with a few of leases. The one vacant units is being renovated and expected to be rented in the next few weeks upon completion. The heat is included in rents. Electric is separate. New Boiler in 181 South in 2020 All the units were converted from tenant controlled thermostat to landlord controlled... See attached for actual expenses and projected rent roll. (The income calculation are based on current lease income with the one vacant unit as estimated rent. Most of the tenants are guaranteed rents with rental assistance and government subsidized.) Brokers please see non-public remarks for showing instructions.

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Basic Information

  • StatusPEN
  • Property TypeMulti-Family
  • List Price$915,000
  • MLS Number4859460
  • MLS StatusPending

Property

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

Location

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

Exterior

  • ExteriorVinyl
  • RoofShingle - Asphalt
  • Exterior ColorWhite

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water
  • UtilitiesCable - At Site
  • WaterPublic
  • Water HeaterOil
  • ElectricCircuit Breaker(s)
  • SewerPublic

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$13,934
  • Seasonal Y/NNo
  • TrashOwner
  • View Count9
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 2021 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 June 20, 2021.

 

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