Five-unit Multifamily Investment

220 Broad St, Claremont, NH 03743

  • For Sale $450,000
  • Property Type Multi-Family
  • Property Size 5,941 SF
  • Units 5
  • Lot Size 0.25 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1880
  • Date Updated Apr 22, 2025
Discover the allure of Claremont, NH, where the property is located. Embraced by natural beauty and rich history, the area offers an ideal setting for residents. With proximity to the serene landscapes of Arrowhead Recreation Area, the enchanting trails of Monadnock Park, and the leisure opportunities provided by the Claremont Biking and Walking Trails, outdoor enthusiasts will find adventure at every turn. The vibrant community proudly presents a variety of local cafes, shops, and cultural offerings, creating a lively and engaging environment. For investors considering a multifamily, low-rise, or garden property, Claremont captivates with its blend of small-town charm and lifestyle attractions, making it an excellent investment opportunity.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.
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Highlights

  • Unit Mix: Two large 1-bedroom and Three 2-bedroom units

Contacts

broker

Keller Williams Coastal Realty

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable
  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Claremont, NH
  • Zip Code 03743

Points of Interest

  • Claremont

    2.11 miles

  • Mobil

    0.24 miles

  • Cumberland Farms

    0.26 miles

  • Citgo

    0.50 miles

  • Shell

    0.58 miles

  • Irving

    0.63 miles

  • Sugar River Trail Parking

    1.68 miles

  • Sullivan Rail Trail Parking

    7.85 miles

  • Richards Free Library Parking

    8.04 miles

  • Hoyts Landing

    8.77 miles

  • Saint-Gaudens Visitor Parking

    9.33 miles

  • The Common Man Inn

    0.49 miles

  • Chase House Inn

    6.59 miles

  • Newport Motel

    9.72 miles

  • Tremont House of Pizza

    0.22 miles

  • Pleasant Street Restaurant

    0.26 miles

  • Dusty's Cafe

    0.31 miles

  • Daddy's Pizza

    0.32 miles

  • Sunshine Cookshop Jamaican Style Restaurant

    0.34 miles

  • Revolution Cantina

    0.40 miles

  • Rocky's Taqueria

    0.41 miles

  • Tumble Inn Diner

    0.42 miles

  • Ramuntos

    0.43 miles

  • Pizza Hut

    0.51 miles

  • Stevens High School

    0.15 miles

  • Claremont Middle School

    0.29 miles

  • Saint Mary Elementary School

    0.53 miles

  • Bluff Elementary School

    0.73 miles

  • North Street School

    0.81 miles

  • Claremont Kindergarten Center

    0.92 miles

  • Claremont Christian Academy

    1.07 miles

  • Disnard Elementary School

    1.14 miles

  • Maple Avenue School

    1.75 miles

  • North Charlestown Community School

    4.82 miles

Frequently Asked Questions

How much does Five-unit Multifamily Investment cost?

The space currently listed for sale at Five-unit Multifamily Investment asks for $450,000.

What is the total square footage of Five-unit Multifamily Investment?

Five-unit Multifamily Investment totals 5,941 square feet.

When was this property built?

Five-unit Multifamily Investment was built in 1880.

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Contact Listing Broker
broker

Keller Williams Coastal Realty

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