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264 Chestnut Street, Claremont, NH, 03743

6beds
4baths
3,100sqft
$549,000
$177price/sqft
$4,269/moest. monthly cost
$170,760/yrincome needed

About This Home

Turnkey and ready for its next owner to capitalize on multiple income streams with the peace of mind only obtainable with newer construction. Exceptional high-yield investment opportunity boasting a projected 10.3% CAP rate and a 1.72 DSCR, offering great cash flow and a distinct opportunity for investors. This versatile property features a spacious 4-bedroom main home characterized by hardwood floors and tasteful updates, that includes two additional bonus rooms with a finished walkout lower level. All complemented by a fully self-contained 2-bedroom apartment perfect for rental income or an in-law suite on the lower level. Whether you’re looking to house-hack, manage a multi-generational setup, or expand a high-performance portfolio, this river-view gem on the Sugar River delivers both scenic charm and serious mathematical margin. Home is situated 6 min from Sullivan County Health Care and 7 min from Valley Regional Hospital.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

5/10
Maple Avenue SchoolGrades K-52.6 mi
2/10
Claremont Middle SchoolGrades 6-80.9 mi
1/10
Stevens High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 2008

Materials

  • Foundation: Concrete
  • Roof: Architectural Shingle,Asphalt Shingle
  • Construction materials: Wood Frame,Vinyl Exterior

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater off Boiler

Basement

  • Has basement: Yes
  • Basement: Concrete,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Carpet,Hardwood
  • Finished area below ground: 1,550
  • Finished area above ground: 1,550

Heating & Cooling

  • Heating features: Propane,Baseboard,Hot Water,Radiant Floor
  • Cooling features: None

Interior Area

  • Total structure area: 3,100
  • Total interior livable area: 3,100 sqft

Property

Details

  • Parcel number: CLMNM145L152
  • Zoning description: R1

Features

  • Levels: One

Lot

  • Lot size: 1.21 Acres
  • Features: Level,Sloped

Parking

  • Parking features: Paved