Five-Unit Investment Opportunity
$450,000
65 Sullivan St, Claremont, NH 03743
11.69
Cap Rate
52,604.87
NOI
Details:
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
Documents:
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65_Sullivan_St__Claremont__OM__Brochure__L_.pdf |
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