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Located at 1 Pleasant Street, Claremont, New Hampshire 03743, this Multi Family is for Sale with a price of $5,000,000 USD. The property was built in 1892,. This listing has 32,635 Sq.Ft. of interior space on a lot of .31 Acres. See all Homes for Sale in Claremont.

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1. 1 Pleasant Street
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Description

1 Pleasant Street,

Claremont, NH 03743

Listing Courtesy of Matthew Lefebvre, Downtown Realty


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

Data provided by : PRIME MLS

Amenities

  • Historic

PROPERTY

  • Electric
    100 Amp Service
    3 Phase
    Circuit Breaker(s)
  • Sewer
    Public
  • Water Source
    Public
  • Waterfront Features
    No

EXTERIOR

  • Architectural Style
    Apartment Building
    Multi-Family
  • Construction Materials
    Steel Frame
    Brick Exterior
  • Garage
    No
  • Lot Features
    City Lot
  • Lot
    53
  • Lot Size Square Feet
    13504
  • Lot Size Acres
    0.31
  • Roof
    Membrane

INTERIOR

  • Above Grade Finished Area
    32635
  • Below Grade Finished Area
    0
  • Total Finished Area
    32635
  • Above Grade Unfinished Area
    0
  • Below Grade Unfinished Area
    11553
  • Building Area Total
    44188
  • Basement
    Yes
  • Cooling
    Attic Fan
    None
  • Heating
    Oil
    Hot Water
    Pellet Furnace
$5,000,000
price
Multi Family
Property type
Available
market status
Claremont
School District
5080037
MLS ID
1892
Year Built
13
Days Posted
32,635 Sq Ft.
interior
0.31 Acres
Exterior
New Listing

1 pleasant street
Claremont, NH 03743

$5,000,000