Listed by Deana Theriault of Nai Norwood Group

Call Four Seasons Sotheby's International Realty Real Estate for more information.

Acreage: 0.34

Year Built: 1900

Square Feet: 12,992

Units: 0

MLS #: 4505282


Property Description

**Investors take notice. Solid property with greater than a 7% cash-on-cash return. One parcel comprised of 2 multi family buildings. One building with 8 units and the second building with 14 units for a total of 22 units. This income producing complex is a great property and located just up the hill from the Winipesaukee River and in the Downtown River District (DRD). Property has been well maintained with many upgrades such as new flooring throughout, new kitchen cabinets and appliances, new baseboards/radiators and fresh paint.There is also a residential home that generates over $900 per month that can be purchased for additional parking and income.


  • Property Type: Commercial Sale
  • Type: Investment, Multi-Family
  • Type Use: Free Standing Building
  • Acreage: 0.34
  • Zoning: DRD
  • Road Frontage: 0
  • Signage:
  • Lot:
  • Lot SqFt: 14,810
  • Roads:


  • State: NH
  • Street: Union
  • Building Number:
  • Zip Code: 03246
  • County: NH-Belknap
  • Town: Laconia


  • Building SqFt: 0
  • Available SqFt: 12,992
  • Total SqFt: 0
  • Foundation: Poured Concrete
  • Construction: Wood Frame
  • Year Built: 1900
  • Units: 0


  • Heating: Hot Water
  • Cooling:
  • Services:


  • Roof: Shingle - Asphalt
  • Exterior: Vinyl Siding, Wood Siding
  • Parking: Parking Spaces 1 - 10, Parking Spaces 6+


  • Accessibility Features:
  • Commercial Features:


  • Taxes: $11,946

The New England Real Estate Network provides Multiple Listing Services (MLS) in the States of New Hampshire, Vermont, Massachusetts and Maine.

Copyright© 2017 The New England Real Estate Network. 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 NEREN. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 01/19/2017.

Market conditions

Median sale price

$159,000 DOWN -9.11% vs. month ago

Homes for sale

18 DOWN -59.09% vs. month ago

Homes sold

30 DOWN -11.76% vs. month ago

Average days on market

74 DOWN -11.90% vs. month ago