8 Union St - Apartments FOR SALE


Claremont, NH 03743
$889,000 USD
646-577-1194
8 Union St, Claremont, NH for Sale
$889,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

8 Union St
Claremont, NH 03743


OVERVIEW

Rare opportunity to own a fully upgraded, 8-unit multifamily in downtown Claremont! Property features new roof, updated electrical & plumbing, brand new third floor, new heating/cooling systems (6 units), new flooring, and new windows. Situated on an on an oversized in-town lot with private backyard and frontage on 3 roads. Impressive curb appeal, potential for future development and plenty of parking, private backyard. Nearly every critical system has been upgraded, making this a truly “hands-off” opportunity. Six (6) units feature separately metered high-efficiency heat pumps w/ cooling, allowing tenants to control their own usage. This is an exceptional opportunity for investors seeking a turnkey, cash-flowing property with reduced management headaches and strong long-term upside. Turnkey condition, minimizing capital reserve requirements for the next owner. Minutes from major employers, regional medical facilities, and local schools. Easy access to I-91 and the Upper Valley job market, making this a desirable rental location for long-term tenants. This is an exceptional opportunity to acquire a fully improved, cash-flowing property in one of New Hampshire’s most promising rental markets.

FOR SALE DETAILS

PRICE

$889,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

8

PRICE/UNIT

$111,125

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1819

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

CR2

APN/PARCEL ID

CLMN-000119-000000-000239

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 Notice.