Five-unit Multifamily Investment

For Sale

220 Broad St, Claremont, NH 03743

This Claremont property for sale is located at 220 Broad St. The current listed sale price for Five-unit Multifamily Investment is $450,000. Five-unit Multifamily Investment is situated on a lot that is 0.25 acre in size.

Contacts

broker
Viktoria Alkova

Keller Williams Coastal Realty

Property Details

  • 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

Getting around

  • 76/100

    Walk Score ®

  • 61/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Big Lots

    0.58 miles

  • Hannaford

    0.66 miles

  • Walmart Supercenter

    0.80 miles

  • TJ Maxx

    0.83 miles

  • Market Basket

    0.87 miles

  • Emma's Market & Deli

    7.98 miles

  • Shaw's

    8.07 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Viktoria Alkova

Keller Williams Coastal Realty

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