List Price: $225,000 | $80 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 0 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Monday Nov 11, 2024 | MLS# 5021819



Address: 142 Pearl Street Claremont NH
Listed by Nick Gray Gray Property Group, LLC
Description:
Back on market after new management hired, building improvements made, and leases updated. Nicely updated duplex in the heart of charming and historic Claremont. This fully-occupied property features two spacious 3-bedroom, 1-bathroom units rented at $1,600/month each to month-to-month tenants. Tenants are responsible for their own hot water and electricity, meanwhile the landlord pays for heat and water/sewer. The owner is in the process of replacing old wiring to code and 2022 improvements include freshly sanded and painted clapboard siding, new vinyl windows, and updated finishes in one of the apartments (stainless appliances, wood cabinets, and vinyl plank flooring). The property offers 3 to 4 paved off-street parking spaces and there is ample street parking nearby. In addition, the property has an unfinished third floor, which presents a potential opportunity to add living space to each unit subject to buyer's own due diligence and city approval. Owner is a real estate licensee.
Annual Expenses

Taxes: $0
Income
Gross Income | $38,200
NetIncome | $15,583

UNIT 1 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Level: 1
Info : Dishwasher,Range - Electric,Refrigerator
Tenant Pays : Electric
Rent : 1600.00 Monthly
Signed Lease : Unk
Status : Month to Month

UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Level: 2
Info : Dishwasher,Range - Electric,Refrigerator
Tenant Pays : Electric,Hot Water
Rent : 1600.00 Monthly
Signed Lease : Unk
Status : Month to Month

Construction: Clapboard Exterior
Year Built: 1900
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4144
Above Grade Sq.Ft.: 2800
Basement: Concrete Floor
Foundation: Concrete
Exterior Color: Blue
Roof: Shingle - Asphalt
Seasonal: No
Heating: Oil | Steam
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.11 acres
Zoned: CR2)
Surveyed: No
Flood Zone: No
Roads: Paved
Road Frontage: 52
Driveway: Paved
Additional Information
Block - 1
Taxes $0
Assesed Value Not Reported
Schools

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