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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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1 Pleasant St , Claremont, NH 03743
$4,295,000
Est. Payment: $9,544.44/mo
0 Bed
0 Bath
32635 Sqft
Status: Active | Days on site: 181
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House Description

Introducing Union Block Apartments; a distinguished three-story, 40 unit, mixed-use brick building located in the heart of downtown Claremont, situated on a ±0.31-acre urban parcel on the corner of Pleasant Street and Opera House Square. This high-performing, fully renovated asset includes 34 modern residential apartments and 6 street-level retail spaces, creating diversified revenue streams within a historic downtown setting. Under the current ownership, it once again saw a new lease on life and was again comprehensively rebuilt in 2024 where the property underwent a complete gut renovation with every unit taken to the studs and modernized. Improvements include full electrical rewiring throughout all apartments, updated plumbing and drain lines, new bathrooms and kitchens, cosmetic updates to all apartments, all brand-new metal windows constructed to historic standards, refreshed common areas with modern flooring, paint, and lighting, and the installation of a building-wide security system. Mechanical infrastructure features forced hot water distributed via baseboards, supported by two active oil-fired boilers and three additional wood pellet burner boilers offering future operational flexibility. A building-wide air exchange system enhances temperature regulation and air quality. The building is fully sprinklered for life safety and benefits from completed roof repairs and a 6,000-gallon underground oil storage system. Additional income is generated through a recently refreshed owned coin-operated laundry facility consisting of three washers and three dryers. Trash service is provided through a long-term dumpster lease for tenant convenience on the neighboring property with a lease extending through November 2035. The property does not include on-site parking, but its central downtown location supports walkability and tenant accessibility to many municipal lots and garages within just a few blocks of the building. Broker interest- financials available upon request

Highlights

Listed by Matthew Lefebvre , 603-554-2309 Downtown Realty , 603-554-2309.

Property Type

Multi-Family

Lot/Acreage
0.31

Year Built

1892

County

Sullivan

Listing ID

5080037

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Attic Fan
Fireplaces:
Above Ground Sq Ft:32635
Basement:Yes,Concrete Floor,Unfinished

Exterior Features

Lot:Existing
Zoning:MU
Roof:Membrane
Sewer:Public
Principal Interest
$9,544
Taxes
$4,454

Home Price

$4,295,000

Loan Details

30 yrs
%

Down Payment

20%
$859,000
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Monthly Price:
$9,544.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,544.44 $4,453.67 $0.00 $13,998.11
Yearly $114,533.33 $53,444.00 $0.00 $167,977.33
Total $3,436,000.00 $1,603,320.00 $0.00 $5,039,320.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Claremont, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.