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Listed by Matthew Lefebvre • Downtown Realty
$ 945,000
Est. payment /mo
Active
37-45 Pleasant ST Claremont, NH 03743
7,815 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,815 sqft
Price per Sqft $120
MLS Listing ID 5077955
Construction Status Existing
Year Built 1906
Annual Tax Amount $13,064
Tax Year 2025
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Introducing Baker's Block; a distinguished three-story, 7-unit mixed-use brick building located in the heart of downtown Claremont, prominently situated on a ±0.22-acre urban lot. Positioned along one of Claremont's primary downtown corridors, the property offers a stabilized income stream supported by both residential and commercial tenancy. Baker's Block features a well-balanced unit mix consisting of four residential apartments — a combination of spacious one- and two-bedroom layouts — alongside three street-level commercial units. The property has undergone substantial renovations over the past two years, including comprehensive updates to all residential units and commercial spaces, modernizing interiors while preserving the character of the historic brick structure. Additional capital improvements include updated common areas, lead abatement in one apartment and portions of the common space, replacement windows, a new boiler, new water heaters, upgraded electrical service and panels, plumbing improvements, roof replacement, a rebuilt fire escape, and the installation of building-wide internet, security systems, and electronic locks on residential unit doors. Mechanical systems consist of a combination of forced hot water and direct-vent heating units fueled by propane, providing operational flexibility. The property also benefits from supplemental income through three leased off-site parking spaces rented to the neighboring property at 32–40 Pleasant Street for $50 per month per space, while on-site parking provides one dedicated space per residential unit with convenient trash service located within the parking area. With its recent renovations, diversified income streams, strong occupancy history, and central downtown location, Baker's Block represents an attractive turnkey mixed-use investment opportunity. Property sold as a package with 524 Sunapee Street, Newport, NH. Broker Interest. Financials available upon execution of NDA.
Location
State NH
County Nh-sullivan
Area Nh-Sullivan
Zoning Mixed-Use
Rooms
Basement Entrance Walk-up
Basement Concrete Floor, Finished, Full
Interior
Cooling None, Wall AC Units
Exterior
Utilities Available Propane
Roof Type Membrane
Building
Story 3
Sewer Public
Architectural Style Apartment Building, Multi-Family, Multi-Level
Construction Status Existing

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