35 South St, Claremont, NH 03743

Property Description

35 South Street presents a rare opportunity to acquire a fully repositioned four-unit multifamily asset in Claremont, New Hampshire. Situated on nearly a full acre lot, this ±3,596 SF building has undergone a comprehensive mechanical, cosmetic, and systems overhaul during the current ownership period, creating a clean, easy investment or opportunity for an aspiring owner-occupant. Capital improvements completed by ownership include a new main sewer line, new plumbing lines and fixtures throughout the building, a full upgrade of the main electrical service, new 100-amp panels for each unit and the house, each with complete rewiring, and hard-wired smoke and carbon monoxide detectors throughout. Three of the four apartments have been substantially renovated with new flooring, paint, kitchens, bathrooms, and fixtures, delivering a turnkey experience for incoming tenants. With the large building size, this property features an attractive unit mix of an occupied 1BR/1BA and 3BR/1BA unit with a generously sized first-floor 3BR/1BA and a large second-floor 4BR/1BA unit left vacant for a new owner to use for their benefit or select their own tenants. The property is conveniently located less than half a mile from Claremont Middle School, Sugar River Valley Regional Technical Center, and the Arrowhead Recreational Center. With a large unit mix, generous lot size uncommon for in-town multifamily assets in this market, and the heavy lifting already completed, a prospective buyer can step into a low-maintenance, cash flowing building from day one. Broker Interest.