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Five-Unit Investment Opportunity

$450,000

65 Sullivan St, Claremont, NH 03743

Active
Last Updated: 04/18/2025

11.69

Cap Rate

52,604.87

NOI

Details:
Cap Rate:    11.69%
NOI:    $52,604.87
Building Size:    4,737 sqft
Lot Area:    0.25 acres
Occupancy:    97%
Units:    5
Year Built:    1920
Floors:    2
Description:

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.

Separate meters

Map:
Documents:
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65_Sullivan_St__Claremont__OM__Brochure__L_.pdf
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Location
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