Listing courtesy of Alan M Croteau from Real Property Options. ()
Listing sold by from Real Broker LLC
Beautifully maintained 4-unit investment property. The photos tell it all. This prime investment property is unlike most in the area. 4 apartment incomes at market rate, 3 garage spaces rented out and a 4th would be available after the sale. After sale upside could be the additional garage rental, storage rental above the garage and adding coin-op laundry machines down in the basement where a standard washer and dryer currently exist. The basement is mostly finished and includes a nice maintenance type of break room, a laundry room and a 3/4 bath. Close distance to a convenience store and downtown Claremont. Other than the rentable garage spaces, the property contains a minimum of 5 other on-site parking spaces. At a 7.0% cap rate, this may fit well for a 1031 exchange buyer. 2024 financials and NOI valuation available with the signing of our Confidentiality and Non-Disclosure Agreement.
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