Renovated Five-Unit Apartment
For Sale
$650,000
220 Broad Street, Claremont, NH 03743
Renovated apartments with updated building systems and tenant-paid electricity.
Property Size5,941 SF
Lot Size0.25 Acres
Price / SF$109.41
Days on Market101
Property Features for 220 Broad Street
General Information
Standard status
Active
Size
5,941 SF
Lot size
0.25 Acres
Property subtype
Multi-family
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
5
Building Details
Year Built
1880
Buildings
1
Listing Agency:
Downtown Realty
Listed By:
Matthew Lefebvre · License #NH 070207
(603) 932-3011
Source:
Harborlightrealty
Added: Jul 29
Changed: Nov 5
Last Checked: Nov 4 at 4:51PM
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 Downtown Realty
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Investment Insights
Based on property information with market context.
This 5,941-square-foot apartment building contains five units, including a first-floor two-bedroom, one-bath apartment and four additional two- and three-bedroom apartments. The property dates to 1880 and retains original architectural elements in the first-floor residence. Unit renovations, electrical updates, roof replacement, PVC drain-line work, fire-code improvements, and egress upgrades have been completed.
Situated on a quarter-acre lot at 220 Broad Street, the property overlooks Monadnock Park and is surrounded by law offices and established homes. All apartments are fully occupied. Residents pay their own electricity, while the landlord provides heat and hot water through two separate furnaces. The property is estimated to produce a 10%+ cap rate based on in-place operations.
Situated on a quarter-acre lot at 220 Broad Street, the property overlooks Monadnock Park and is surrounded by law offices and established homes. All apartments are fully occupied. Residents pay their own electricity, while the landlord provides heat and hot water through two separate furnaces. The property is estimated to produce a 10%+ cap rate based on in-place operations.
Key Highlights
- Five‑unit apartment building with 5,941 square feet
- Unit mix includes two- and three‑bedroom apartments, including a first‑floor two‑bedroom, one‑bath unit
- Quarter‑acre lot at 220 Broad Street overlooking Monadnock Park
Property Analytics
Who owns this building?
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Lease Details
5
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated apartments with updated building systems and tenant-paid electricity.
Where is this apartment building located?
The property is located at 220 Broad Street Claremont, NH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Five‑unit apartment building with 5,941 square feet; Unit mix includes two- and three‑bedroom apartments, including a first‑floor two‑bedroom, one‑bath unit; Quarter‑acre lot at 220 Broad Street overlooking Monadnock Park
