61-65 Sullivan St - Apartments FOR SALE


Claremont, NH 03743
$450,000 USD
646-577-1194
61-65 Sullivan St, Claremont, NH for Sale
$450,000 USD
Apartments - FOR SALE
1/24
null | 9.81% Cap Rate

61-65 Sullivan St
Claremont, NH 03743


OVERVIEW

Take advantage of this investment opportunity in Claremont, featuring a fully occupied five-unit multifamily property with strong rental performance. The unit mix includes two 1-bedroom, two 2-bedroom, and one 3-bedroom apartment—appealing to a range of tenants. The property has been well maintained, with recent updates to Unit 4, including new kitchen finish, appliances, flooring, and interior paint. Unit 3 has received new paint, fixtures and kitchen updates. The building exterior has been recently painted. Residents benefit from ample paved parking and a large backyard that borders St. Mary’s School grounds. Separate electric meters for each unit for ease of maintenance. Located within walking distance to downtown Claremont’s shops, dining, and recreational spots, this property offers immediate income with room for growth through potential rent increases—an excellent addition to any investment portfolio. Part of a 19 unit rental portfolio. Explore the vibrant community surrounding this property in Claremont, NH. With nearby attractions like Monadnock Park, Claremont Opera House, and a variety of dining and shopping options, the area offers an enticing opportunity for multifamily, low-rise, and garden property investors. Residents will appreciate the convenience of living in a neighborhood with easy access to daily essentials, leisure activities, and cultural experiences. With its array of attractions and amenities, this area promises an inviting and engaging environment for prospective multifamily investors.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$95 USD /SF

# OF UNITS

5

PRICE/UNIT

$90,000

CAP RATE

9.81%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

Residential

APN/PARCEL ID

CLMN-000119-000000-000261

ASK ABOUT THIS PROPERTY

Viktoria AlkovaCoastal Land & Commercial Group at Keller WilliamsMore Info
646-577-1194

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Viktoria AlkovaCoastal Land & Commercial Group at Keller WilliamsMore Info
646-577-1194

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