1 Pleasant ST, Claremont, NH 03743
1 Pleasant ST, Claremont, NH 03743
1 Pleasant ST, Claremont, NH 03743
1 Pleasant ST, Claremont, NH 03743
1 Pleasant ST, Claremont, NH 03743
1 Pleasant ST, Claremont, NH 03743
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Tim Cheney

Tim Cheney

+1(207) 200-3637
Listed by Matthew Lefebvre • Downtown Realty
$ 4,865,000
Est. payment | /mo

32,635 SqFt

Save
$ 4,865,000
Est. payment | /mo
Save

32,635 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 32,635 sqft

Price per Sqft $149

MLS Listing ID 5080037

Construction Status Existing

Year Built 1892

Annual Tax Amount $53,444

Tax Year 2025

Lot Size 0.310 Acres

Acres 0.31

Property Description

Introducing Union Block Apartments; a distinguished three-story, 40 unit, mixed-use brick building located in the heart of downtown Claremont, situated on a ±0.31-acre urban parcel on the corner of Pleasant Street and Opera House Square. This high-performing, fully renovated asset includes 34 modern residential apartments and 6 street-level retail spaces, creating diversified revenue streams within a historic downtown setting. Under the current ownership, it once again saw a new lease on life and was again comprehensively rebuilt in 2024 where the property underwent a complete gut renovation with every unit taken to the studs and modernized. Improvements include full electrical rewiring throughout all apartments, updated plumbing and drain lines, new bathrooms and kitchens, cosmetic updates to all apartments, all brand-new metal windows constructed to historic standards, refreshed common areas with modern flooring, paint, and lighting, and the installation of a building-wide security system. Mechanical infrastructure features forced hot water distributed via baseboards, supported by two active oil-fired boilers and three additional wood pellet burner boilers offering future operational flexibility. A building-wide air exchange system enhances temperature regulation and air quality. The building is fully sprinklered for life safety and benefits from completed roof repairs and a 6,000-gallon underground oil storage system. Additional income is generated through a recently refreshed owned coin-operated laundry facility consisting of three washers and three dryers. Trash service is provided through a long-term dumpster lease for tenant convenience on the neighboring property with a lease extending through November 2035. The property does not include on-site parking, but its central downtown location supports walkability and tenant accessibility to many municipal lots and garages within just a few blocks of the building. Broker interest- financials available upon request

Location

State NH

County Nh-sullivan

Area Nh-Sullivan

Zoning MU

Rooms

Basement Entrance Walk-up

Basement Concrete Floor, Unfinished

Interior

Cooling Attic Fan, None

Exterior

Utilities Available None

Roof Type Membrane

Building

Story 3

Sewer Public

Architectural Style Apartment Building, Multi-Family

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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1 Pleasant ST