11-unit mixed use property in central Laconia consisting of 2 1-bedroom apartments 2 2-bedroom apartments and 7 commercial units. The building has many capital improvements such as full renovations of two of the commercial units, new siding and paint on the back commercial unit and the roof was replaced this year. This property has ample amount of parking for tenants and customers. Average rents are below market value with a lot of room for growth for your next investment. Landlord pays for heat, hot water, water and sewer. Owner is a real estate agent
This recently renovated duplex right in downtown Laconia just screams opportunity! The upstairs unit has an open concept floor plan, with 2 bedrooms and a loft, 1 bath, and in unit laundry. This unit has vaulted ceilings, and incredible views of downtown Laconia, perfect for viewing the fireworks! This unit is currently rented through a year lease with a tenant that has been there for a year already, for $2,100/month. The downstairs unit also has an open concept layout, offering in unit laundry, with 2 bedrooms and 1 bath as well! This unit is leased out for a year as well for $1,900. $4,000/ month of gross income, and tenants paying their own utilities on an updated duplex! This opportunity won't last long! Come take a look while you can! Delayed Showings until Open House on Saturday 11/16/24 from 10a-12pm.
Add this two family to your portfolio, or, offset your mortgage by living in one unit and renting the second! The first floor consists of a 2/3 bedroom unit (set-up can vary as an office), vacant and ready for it's new owner! This unit has a full eat-in kitchen, living room with tons of natural light and a full bath. The second floor boasts two good sized bedrooms, a full bath with jet tub, eat-in kitchen and porch. Both units have washer/dryer hookups available in-unit. Separate electrical meters were just installed for each unit, making natural gas the only common utility. The back yard is a great spot for a campfire and outdoor activities, giving privacy from the road. A new roof installed summer 2024! Minutes to the public boat launch on Lake Winnisquam and Lake Winnipesaukee, 90 minutes to Boston or the White Mountains.
9-unit mixed use property in central Laconia consisting of eight 1-bedroom apartments and a 928 SF commercial space. The building has been improved through updates to several apartments and the common areas, and the roof was replaced in 2021. The seller will deliver the property fully occupied and rents are terrific with a median residential rent of $1,500/unit/month and commercial rent of $1,500/month. In total, the property generates ~$161K in gross revenue and ~$112K per year in NOI, corresponding to a 9.0% cap rate at the asking price. Landlord pays for heat, hot water, cold water, and electricity. There are 6 off-street parking spaces and ample street parking in the immediate vicinity. Owner is a real estate licensee.
Welcome to 1073 Union Ave in Laconia! This property includes Three apartment units, a 4 car garage (2 bays with doors), A commercial retail building with 2nd story/attic, barn storage and more. The apartment has it's own parking separate from the commercial space, which also includes 6+ striped parking spaces. Union Ave has a very high traffic count with high visibility for your future business. Apartment building is fully rented with long term tenants and an in-house maintenance person that also does the landscaping and snow-removal for a reduced rent. The commercial space is vacant and holds many opportunities (and will increase your income once filled) BONUS: This property has views of Paugus Bay, is in walking distance to many restaurants, hardware store, convenience store, and is down the street to shopping and all your grocery needs. Discover the possibilities this property can hold for your business or investment portfolio. Call for a showing today! Please allow for 48 hour notice for showings, unless you can attend a scheduled group showing.
Welcome to 736 Union Avenue, a conveniently located Lakes Region 10 unit rooming house. Most tenants have been here long-term. There are 3 1/2 co-ed bathrooms, 2 shared kitchens, and optional basement or attic space that can be utilized for storage. Parking is on-street, some tenants have alternative parking arrangements. There is an opportunity for rental increase, all tenants are month-to-month and will remain in home upon closing. Utilities are included in the rent. Long-time owner has 2 in-house managers that keeps things running smoothly, collects rents for you, helps keep the communal areas clean, removes trash, and general overseeing of the property. This home is in a prime walkable area, located directly next to the WOW Trail and Railroad, Lake Opechee, and Downtown Lakeport. Tenants enjoy a small grassy backyard with view of the trail and lake, and two sitting area parks nearby. Near Paugus Bay, Lakeport Landing, Irwin's Marine, Fratello's, O's Steak and Seafood, Case n Keg, Main Street Social Club Ice Cream and much more. Come discover the charm of Downtown Lakeport, and the opportunity to invest in this community! Please allow 48 hours for showings. Call to schedule your showing today!
2 unit building on a .21 acre corner lot. Lower level 2 bedroom 1 full bath, pantry with Laundry room, lower unit has newer windows. Main level could be 3 + bedrooms with the 3rd level additional space, large 3 season porch. Located on a quiet street within walking distance of Paugus Bay and the Lakeport Opera House. Would make a great owner occupied building. Building is currently vacant. 1 car garage. Both units have off street paved parking. TLC required.
Hereâ??s your chance to own a beautifully renovated waterfront Victorian with direct water access to Lake Opechee in the heart of the Lakes Region. This unique property offers endless potential for investors, multi-generational living, or a vacation retreat. Enjoy your private L-shaped dock on the Jewett Pond/Winnipesaukee River, with easy access to Lake Opechee for boating and fishing. This 4-unit home, once a single-family residence, can be interconnected again, offering flexible use. Whether youâ??re dreaming of a family compound, long- or short-term rental income, or even condo conversions, this property adapts to your vision. The home features timeless charm, including high ceilings, pocket doors, pine flooring, stained glass, and natural woodwork. The walk-out basement provides ample storage and coin-op laundry. Located close to the Colonial Theatre, Lakeport Opera House, Opechee Park, Weirs Beach, Bank of NH Pavilion, and Gunstock Mountain. The WOW walking trail is right across the street for added convenience. Donâ??t miss this rare opportunity to own a historic waterfront property that blends character, versatility, and an unbeatable location!
Unique investment opportunity to purchase a portfolio of 15 residential units, including a separate Urban Commercial zoned (UC) ranch style building, 9+ garage bays and an additional buildable lot. 8-10 Arch St consists of 14 residential units (1 one-bed & 13 two-bed), 6 garage bays (61x18 and each bay is walled off), an additional oversized garage/storage area (61x25) and a vacant lot to build additional housing units/garage or parking etc. The main building has 11 renovated units, newer circuit breaker panels, superstore HW heater and Rinnai wall furnaces for each unit. Expansive walk out lower-level w/ coin-opp laundry and workshop/storage space. 158 Union Ave is a free-standing 2-bedroom ranch style home that is currently 1 residential rental which is zoned Urban Commercial and has value-add potential for many business opportunities or expansion. All financials and unit photos available upon request.
Laconia, NH 2 Unit Multifamily home with 5 Bedrooms, 2 Baths, 1,997 Sq. Ft. on .17 Acres with two car garage for only $424,999! This Lakeport fully rented property would make a great investment for its next owner. Unit 1 which is the Front Unit & is on multi-levels offers 3 Bedrooms, 1 Bath, a Kitchen, a spacious Living Room & laundry hookups in the basement. Unit 1â??s monthly rent is $1800 & yearly lease is through September 2024. Unit 2 which is located in the rear of the building & is on multi-levels has been updated & offers 2 Bedroom, 1 Bath, a spacious Kitchen & Dining Area & a Bonus Room that could be used for additional sleeping quarters. Unit 2â??s monthly rent is $1800 & yearly lease is through February 2025. Landlord pays heat & hot water. The 21x20 two Car Garage is large enough for your cars, tools & toys. This vinyl sided home features City Water, City Sewer & City Trash. The paved driveway offers plenty of parking. Enjoy the nearby parks, shopping, restaurants, Public Beaches on Lakes Winnipesaukee, Winnisquam & Opechee, year-round Gunstock Mt, famous Weirs Beach & Bank of NH Music Pavilion. Make this your primary home or turn this into your income generating property. REQUEST HOME VIDEO TOUR. Donâ??t let this amazing property get away.
This is a 2 family home, 2 beds down and 2 beds with open concept on the second floor. And to top it off it has a 2 car garage. The building is occupied by relatives from the previous owner with no rent prior to an estate liquidation. Rents are being determined and leases can be signed or left as tenants at will . The listing will update when the agreement for rents are signed. Great neighborhood with easy access to downtown or major roads.
Laconia is located in New Hampshire. Laconia, New Hampshire has a population of 16,786. Laconia is less family-centric than the surrounding county with 21.68% of the households containing married families with children. The county average for households married with children is 25.17%.
The median household income in Laconia, New Hampshire is $63,711. The median household income for the surrounding county is $75,035 compared to the national median of $69,021. The median age of people living in Laconia is 43.1 years.
The average high temperature in July is 81.2 degrees, with an average low temperature in January of 9.6 degrees. The average rainfall is approximately 46.1 inches per year, with 66.8 inches of snow per year.
