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220 Broad Street, Claremont, NH, 03743 | $450,000
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. Seller is a licensed realtor.
Features
- Bedrooms: 8
- Baths: 5 full
- Units: 5
- Style: Multi-Family
- Year Built: 1880
- Heating: Oil,Hot Water
- Cooling: None
- Basement: Full
- Approx Sq. Feet: 4,849
- Acreage: 0.25
- Est. Taxes: $11,203
- Lot Desc: Level
- Elem. School: Bluff School
- Middle School: Claremont Middle School
- High School: Stevens High School
- MLS#: 5036731
- Website: https://www.raveis.com
/prop/5036731/220broadstreet_claremont_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/6/2025Listing courtesy of Keller Williams Coastal and Lakes & Mountains Realty Phone: 603-610-8500
Listing Agent: Viktoria Alkova
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220 Broad Street, Claremont, NH, 03743
$450,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
| Monthly Tax Payment | $934 | $934 | $934 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,246 | $2,365 | $3,014 |
| Total Monthly Payment | $3,255 | $3,374 | $4,023 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB