List Price: $450,000 | $93 per sq.ft. Multi Family A 5 Unit Multi Family Home
With 2 One Bedroom Units , 3 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Apr 17, 2025 | MLS# 5036731
With 2 One Bedroom Units , 3 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Apr 17, 2025 | MLS# 5036731
To see this Listing
Address: 220 Broad Street Claremont NH
Listed by Viktoria Alkova KW Coastal and Lakes & Mountains Realty
Description:
Situated just minutes from downtown Claremont and steps from Monadnock Park, this fully occupied five-unit multifamily offers an attractive opportunity for investors seeking strong rental income in a growing market. The property includes two spacious 2-bedroom units and three well-maintained 1-bedroom units--each thoughtfully updated for tenant comfort and long-term value. Renovations include new paint and fixtures throughout, with bathroom upgrades in Units 1 and 2. Unit 2 is move-in ready for a new tenant. Unit 4 has been extensively updated with hardwood flooring, a modern kitchen with new appliances, fresh paint, and a remodeled bathroom. A newer water heater tank serves the building, and the property is features on-site parking, along with additional street parking for added tenant convenience. All units are currently rented, providing immediate cash flow. With continued demand for rentals in the Claremont area and limited local inventory, this is a turnkey opportunity for those seeking a stable investment or a property suitable for a 1031 exchange. Seller is a licensed realtor.
Annual Expenses
Taxes: $11,203
Taxes: $11,203
Income
Gross Income | $81,380
Gross Income | $81,380
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
UNIT 3 INFORMATION
Beds: 1
Baths: 1
UNIT 4 INFORMATION
Beds: 2
Baths: 1
UNIT 5 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
Construction: Wood Frame | Clapboard Exterior | Vinyl Siding
Year Built: 1880
Style: Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 7293
Above Grade Sq.Ft.: 4849
Basement: Full
Foundation: Concrete
Year Built: 1880
Style: Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 7293
Above Grade Sq.Ft.: 4849
Basement: Full
Foundation: Concrete
Exterior Color: White
Roof: Membrane | Shingle - Asphalt
Garage And Parking: On-Site
Seasonal: No
Roof: Membrane | Shingle - Asphalt
Garage And Parking: On-Site
Seasonal: No
Heating: Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 6
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 6
Water: Public
Sewer: Public
Land Information
Level
Lot size: 0.25 acres
Zoned: PR)
Surveyed: Unk
Flood Zone: No
Road Frontage: 70
Driveway: Paved
Level
Lot size: 0.25 acres
Zoned: PR)
Surveyed: Unk
Flood Zone: No
Road Frontage: 70
Driveway: Paved
Additional Information
Easement - No
Block - 80
Taxes $11,203
Assesed Value Not Reported
Easement - No
Block - 80
Taxes $11,203
Assesed Value Not Reported
Schools
Elementary School: Bluff School
Middle School: Claremont Middle School
High School: Stevens High School
Elementary School: Bluff School
Middle School: Claremont Middle School
High School: Stevens High School
