27 School Street

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30839294
Property Subtypes: Duplex/Fourplex
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.


Finance Data Year 2023
Real Estate Taxes - Annual($) $6,229 (Annual)

Additional Details

Nearest MSA: Lebanon
County: Sullivan
Tax ID/APN: 119-326

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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


Photograph of Listing Agent

Matthew Lefebvre

Downtown Realty NECPE Member
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