1 Pleasant St Claremont, NH 03743

Union Block Apartments is a three-story, 40-unit, mixed-use brick building in downtown Claremont, situated on a 0.31-acre urban parcel at the corner of Pleasant Street and Opera House Square. This renovated asset includes 34 modern residential apartments and 6 street-level retail spaces. The property was comprehensively rebuilt in 2024, undergoing a complete gut renovation with every unit 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. 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.