Duplex at 11 Fern St, Claremont, NH

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30873446
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden
Status: Pending/Contingent
Number of Units: 2 Units
Building Size (RSF): 2,026 SF
Gross Building Area: 4,182 SF
Gross Land Area: 0.08 Acres
Sale Price: $235,000
Unit Price: $117,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 10.59%
Average Occupancy Rate: 97
Last Updated: 9/3/2024

Overview / Comments

Exceptional investment opportunity in Claremont with both units recently updated. This well-maintained duplex features two spacious units, with unit one available for owner occupancy. Unit one has undergone extensive updates, including new flooring, cabinets, countertops, appliances, bathroom fixtures, paint, plumbing, and electrical systems. Two brand new water heaters were installed in 2023. With its affordability and pristine condition, this property offers a compelling prospect for savvy investors. Seize the opportunity to add this asset to your portfolio. Easy to get to schools, city events, parks. Centrally located to lakes, ski mountains, fishing, downtown events, Dartmouth and Sunapee areas.

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Additional Details

Nearest MSA: Lebanon
County: Sullivan
Tax ID/APN: 107-78-000
Zoning: CR2
Percent Occupied: 50%
Site Description: Explore the opportunity to invest in the thriving community of Claremont, NH, where the perfect blend of small-town charm and modern conveniences awaits. With its strong sense of community and access to essential amenities, this location is well-suited for those seeking a rewarding investment opportunity in the multifamily housing market.
Area Description: Nestled in the picturesque Connecticut River Valley, the area offers a serene and welcoming environment for residents. Engage in the vibrant local culture with a stroll through the downtown area, where a variety of shops, eateries, and entertainment venues await. Outdoor enthusiasts will appreciate the nearby natural attractions, including Moody Park and Arrowhead Recreation Area.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1900
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: 2 On-site parking space
Total Parking Spaces: 2
Heat Type: Natural Gas, Space Heaters
Heat Source: Central
Fuel: Gas
Lot Frontage: 110
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,918 13,355 15,131
Median Age: 37.28 40.44 41.35
Households: 2,623 5,697 6,468
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