Listed by Downtown Realty
$850,000
Baker's Block: 7-Unit Mixed-Use Brick Building Claremont, NH
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 11,156
Net Rentable (SqFt) 7,815
Units 7
Cap Rate 9.22%
NOI $78,356
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 10.75%
Pro-Forma NOI $91,338
Price per SqFt $76
Broker Co-Op Yes
Class B
Year Built 1906
Year Renovated 2025
Buildings 1
Stories 3
Acreage 0.220
Zoning Mixed-Use
Investment Type Stabilized
Occupancy Date 03/02/2026
Ownership Fee Simple
Sale Condition 1031 exchange
Mixed Use | 7 Units | 9%+ Cap Rate
Investment highlights
7 Unit Mixed-Use Building
Brick Building in Downtown Location
Significant Capital Improvements by Current Ownership
Fully Occupied with Strong Unit Mix
Ample Off-Street Parking
Strong 9%+ Cap Rate with Additional Upside
Listing Contacts
Listed by Downtown Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,356.00
$6,529.67/mo
Valuation Metrics
0
DSCR
9.22%
Cap Rate
9.22%
ROI
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