220 Broad Street, Claremont, NH 03743
Local realty services provided by:CENTURY 21 Barbara Patterson
220 Broad Street,Claremont, NH 03743
$650,000
- 12 Beds
- 5 Baths
- 5,941 sq. ft.
- Multi-family
- Active
Listed by: matthew lefebvre
Office: downtown realty603-554-2309
MLS#:5109972
Source:PrimeMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$77.52
About this home
Recently renovated and strong cash flowing five-unit building now available for sale on Claremont's most prestigious street. Set on a quarter acre lot nestled among law firms, stately homes, and overlooking Monadnock Park, the location of this property is second to none. The building is comprised of five large apartments including a huge first-floor two bedroom, one bath that features much of the original architectural features of the home. The four additional apartments are a mix of two-bedroom and three-bedroom units which have all received updates and are fully occupied. Several other major improvements have been completed including updated electrical panels and wiring, a roof replacement, replacement of much of the old drain lines with PVC, various fire code and egress upgrades, and substantial unit renovations. All units pay for their own electricity while the landlord is responsible for heating and hot water via two separate furnaces. The property supports a very strong cash flow and grosses over $115,000 annually based on the in-place rents and is estimated to have a true 10%+ cap rate. For a stabilized, turnkey investment providing potentially double digit returns, look no further than this opportunity to own 220 Broad Street. Broker Interest....
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Home facts
- Year built:1880
- Listing ID #:5109972
- Added:49 day(s) ago
- Updated:November 04, 2026 at 12:38 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:5
- Full bathrooms:5
- Basement Description:Concrete Floor, Dirt Floor, Unfinished, Walk-up
- Living area:5,941 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air, Oil
Structure and exterior
- Roof:Shingle
- Year built:1880
- Building area:5,941 sq. ft.
- Lot area:0.25 Acres
- Levels:3 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$77.52
- Tax amount:$11,693 (2025)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Dirt Driveway, Gravel Driveway
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