37-45 Pleasant ST, Claremont, NH 03743
37-45 Pleasant ST, Claremont, NH 03743
37-45 Pleasant ST, Claremont, NH 03743
37-45 Pleasant ST, Claremont, NH 03743
37-45 Pleasant ST, Claremont, NH 03743
37-45 Pleasant ST, Claremont, NH 03743
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Tim Cheney

Tim Cheney

+1(207) 200-3637
Listed by Matthew Lefebvre • Downtown Realty
$ 895,000
Est. payment | /mo

7,815 SqFt

Save
$ 895,000
Est. payment | /mo
Save

7,815 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,815 sqft

Price per Sqft $114

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

PrimeMLS
Tim Cheney

"My passion is learning the "why?" behind making a real estate move so together we can define your goals then achieve the best possible outcome!"

+1(207) 200-3637

tim@timcheneyrealtor.com

875 Greenland Rd Suite B9, Portsmouth, NH, 03801-4161, USA

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37-45 Pleasant ST