25 Mulberry St - Apartments FOR SALE


Claremont, NH 03743
$950,000 USD
603-558-0408
25 Mulberry St, Claremont, NH for Sale
$950,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

25 Mulberry St
Claremont, NH 03743


HIGHLIGHTS

  • Apartments are in very good condition
  • Land area can support expansion
  • Located in a desirable area in walking distance to downtown

OVERVIEW

The property consists of TWO BUILDINGS. 23 Mulberry has 4- 1BR's, 1 efficiency and 1- 2 BR's apartment which is under construction. 25 Mulberry has 2-1BR's, 1 studio and 1- 2BR's apartments. The apartments in both buildings have been upgraded and are in very good condition. The rents are below market with several long-term tenants. The rents include heat, hot water, rubbish removal and all units have updated cooking stoves, refrigerators, washer & dryers. Tenants pay their own electric. The overall condition of the heating system, electric panel, plumbing, exterior of building and roofs appears to be in good condition. The land area is 2.3 acres featuring ample parking with good building sites for additional units. The location is in a desirable area and easy walk to downtown.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

9

PRICE/UNIT

$105,556

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

23-25 Mulberry Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1888

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

CR-2

APN/PARCEL ID

CLMN-000119-000000-000135

ASK ABOUT THIS PROPERTY

Don ChabotTown & Country RealtyMore Info
603-558-0408

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Don ChabotTown & Country RealtyMore Info
603-558-0408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.