8 Union Street, Claremont, NH 03743

Investors, flippers, and builders take notice! Eight units with excellent curb appeal for just under $450K near downtown Claremont. This once-beautiful brick building experienced a fire, and it has one completely destroyed unit on the top floor. Thankfully, three of the units only received minor water damage, and two units were unaffected (still currently occupied). Bring this building back to its former glory! Don’t miss out on this opportunity, as the owner’s loss is your gain. Some demolition has been completed, and now it needs someone to come in and finish what’s remaining. A few of the kitchens are in good condition, and some units’ tin ceilings are intact. This property has gone through an energy audit in the past, after which ownership air-sealed the envelope of the building, and spray foamed and added insulation. That’s not all: Ten years ago, the owner installed newer heating systems and water tanks throughout the whole building. This is the perfect fixer-upper for someone who is looking to re-build a building with strong potential cash flow. Current fair market rents for this level of rental in Claremont are $1,000 for a one-bedroom and $1,300.00 for a two-bedroom. The possibilities are endless here. showings on Saturday, June 25, 2022.