32-40 Pleasant Street, Claremont, NH, 03743 | $565,000

Incredible opportunity to own and redevelop a cornerstone of Claremont's downtown. Welcome to the historic Rand Block, located at 32-40 Pleasant Street. This ±13, 220 SF building is comprised of four retail storefronts on the ground floor and the owners have gained approvals to build four 2BR/1BA apartments and four 2BR/2BA apartments on the upper floors. Two of the storefronts are currently occupied and featuring two brand new forced air heating systems and two high-efficiency mini-splits. Electric is separated with 100-amp circuit breaker panels for each unit. Property is set on 0. 16-acre lot with 5 off-street parking spaces on-site and an additional 3 rented across Pleasant Street. Building is stubbed for sprinkler line. Property will be sold with all approvals and plans. Broker interest.

Features

  • Property Type: Development,Investment,Multi-Family,Opportunity,Retail
  • Construction: Masonry
  • Heating: Forced Air,Heat Pump
  • Cooling: Wall AC Units,Mini Split
  • Zoning: MU
  • Year Built: 1870
  • Approx Sq. Feet: 17,500
  • Acreage: 0.16
  • Est. Taxes: $6,747
  • MLS#: 4999909
  • Website: https://www.raveis.com
    /prop/4999909/3240pleasantstreet_claremont_nh?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/5/2024
Listing courtesy of Downtown Realty   Phone: 603-554-2309
Listing Agent: Matthew Lefebvre

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32-40 Pleasant Street, Claremont, NH, 03743

$565,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $452,000 $452,000 $452,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $562 $562 $562
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,007 $3,004 $3,812
Total Monthly Payment $3,661 $3,658 $4,466

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.