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37-45 Pleasant Street, 
Claremont, NH 03743

$850,000


Bed


4

Baths


7,815

Sq Ft


Multi-Family

Active

Listed by

Matthew Lefebvre

Downtown Realty

603-554-2309

Last updated:

June 3, 2026, 10:33 AM

MLS#

5077955

Source:

PrimeMLS

About This Home

37-45 Pleasant Street

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 with over a 9% cap rate 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.

Home Facts

Multi-Family

4 Baths

Built in 1906

Price Summary

850,000

$108 per Sq. Ft.

MLS #:

5077955

Last Updated:

June 3, 2026, 10:33 AM

Added:

3 month(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

7,815 Sq. Ft.


Structure

Structure

Building Area:

11,156 Sq. Ft.

Year Built:

1906


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$850,000

Price per Sq. Ft:

$108 per Sq. Ft.

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Copyright 2026 Prime MLS, 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 Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 4, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.