27 School Street
Multi-Family
for Sale
Sale Pending
Catylist Listing ID: |
30839294 |
Property Subtypes: |
Duplex/Fourplex
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Status: |
Pending |
Number of Units: |
4 Units |
Building Size (RSF): |
4,250 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$299,000 |
Unit Price: |
$74,750 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
5/17/2023 |
Overview / Comments
Four units in Claremont (with potential for a fifth) ... for the price of three?! If you're looking for the perfect BRRRR opportunity, look no further. With a variety of utility breakdowns - two of the four units have all utilities included in the rent, the third unit pays their own electric, and the fourth unit pays their own heat (newer Rinnai), there is plenty of opportunity to make improvements to this set up and increase your bottom line! Add some finishing touches to the renovations to command a higher rent, or even better, put in the final leg work to get the fifth unit approved by the town and you have instantly and significantly increased value. Plenty of parking, an attached garage, and vinyl siding round out this outstanding opportunity. 48-hours advanced notice for assisted showings, as all units are occupied. Please do not disturb tenants.
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Financials
Finance Data Year |
2023 |
Real Estate Taxes - Annual($) |
$6,229 (Annual) |
Additional Details
Nearest MSA: |
Lebanon |
County: |
Sullivan |
Tax ID/APN: |
119-326 |
Zoning: |
RESIDENTIAL |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
4,196 |
13,355 |
18,665 |
Median Age: |
36.62 |
40.44 |
42.13 |
Households: |
1,821 |
5,697 |
7,746 |
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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