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Turnkey Investment Property with Riverview
For Sale
$524,000

264 Chestnut St, Claremont, NH 03743

High-yield investment with rental income potential and river views.

Property SizeContact for details
Days on Market94

Property Features for 264 Chestnut St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 2008
Units 2
Listing Agency: Roselyn Caplan
Listed By: Austin Bearden
Source: Elliman
Added: May 11 Changed: Aug 7 Last Checked: Aug 11 at 10:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Roselyn Caplan

Investment Insights

Based on property information with market context.

This turnkey property presents an investment opportunity with potential for multiple income streams. The property features a 4-bedroom main home characterized by hardwood floors and updates, including two additional bonus rooms with a finished walkout lower level. A fully self-contained 2-bedroom apartment is located on the lower level, suitable for rental income or an in-law suite. The property offers a projected 10.3% CAP rate and a 1.72 Debt Service Coverage Ratio. The property is located near the Sugar River, approximately 6 minutes from Sullivan County Health Care and 7 minutes from Valley Regional Hospital. The location has a walk score of 79, indicating it is very walkable, and a bike score of 43, indicating it is somewhat bikeable. This property is suitable for house-hacking, multi-generational living, or portfolio expansion.

Key Highlights

  • High‑yield investment opportunity with projected 10.3% CAP rate and 1.72 DSCR
  • Turnkey property with multiple income streams
  • Spacious 4‑bedroom main home with hardwood floors, tasteful updates, and two bonus rooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

Demographics for 03743, NH

13,540
Population
5,850
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
86%
High-School Grad
59.1 sq mi
ZIP Area
229
Density / Sq Mi
$54,978
Median Household Income
$40,794
Median Earnings
$1,078
Median Rent
$172,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - High-yield investment with rental income potential and river views.
Where is this duplex located?
The property is located at 264 Chestnut St Claremont, NH.
What is the asking price?
The asking price for this property is $524,000.
What are key features of this property?
This property features: High‑yield investment opportunity with projected 10.3% CAP rate and 1.72 DSCR; Turnkey property with multiple income streams; Spacious 4‑bedroom main home with hardwood floors, tasteful updates, and two bonus rooms
More about this property
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