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Off market
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  • $698,400

    22 West St, Laconia, NH 03246

    11beds
    0baths
    4,296sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $698,400 Zestimate®
    $163/sqft
    $1,676 Estimated rent

    Owner options

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    $1,676/mo

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    $1,676/mo

    Rent Zestimate®

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    $4,388/mo

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    $4,388/mo

    Est. payment

    What's special

    Laconia, NH 03246 - The location for a rental property can't be beat! The time to make an offer is NOW...There are two buildings, a total of six units, and it sits right across the street from Memorial Park with tennis courts and baseball fields. One of the buildings is a four-unit building, Colonial style, and the other is a two-unit building, Cottage style. The return for this property shows somewhere between a 6 and an 8 cap rate depending on if you continue the management company or not. The buildings and the grounds are in really great shape. The property is fully leased with good, quiet tenants. This is a really great investment today and will make for a better investment as time marches forward.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 0
    Heating
    • Baseboard, Forced air, Gas, Oil
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Softwood, Carpet, Hardwood
    • Basement: Yes
    Interior area
    • Total interior livable area: 4,296 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 0.47 Acres
    Details
    • Parcel number: LACOM455B238L34

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breaker(s), 200 Amp
    • Sewer: Public Sewer On-Site
    • Utilities for property: Other

    Community & neighborhood

    Location
    • Region: Laconia

    Other

    Other facts
    • Construction: Wood Frame
    • Driveway: Paved
    • Electric: Circuit Breaker(s), 200 Amp
    • Flooring: Carpet, Vinyl, Hardwood, Softwood
    • Foundation: Concrete, Brick, Fieldstone
    • Heat Fuel: Gas - Natural, Oil
    • Lot Description: City Lot, Level
    • Roads: Public
    • Roof: Shingle - Asphalt
    • Trash: Municipal
    • Water Heater: Gas - Natural, Off Boiler, Oil
    • Surveyed: Unknown
    • Basement: Yes
    • Unit 3 Rental Amt Freq: Monthly
    • Total Stories: 2
    • Construction Status: Existing
    • Exterior: Cedar, Clapboard, Vinyl Siding
    • Heating: Hot Air, Hot Water, Baseboard, Forced Air
    • Income Data Source: Owner Records, Tax Return
    • Parking: Parking Spaces 6+
    • Flood Zone: Unknown
    • Unit 1 Rental Agremnt: Yes
    • Unit 2 Rental Agremnt: Yes
    • Unit 3 Rental Agremnt: Yes
    • Road Frontage: Yes
    • Unit 4 Lease Term: Annual
    • Unit 4 Rental Amt Freq: Monthly
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 2 Rental Amt Freq: Monthly
    • Area Description: In Town, Near Shopping, Near Railroad, Near Paths, Near Skiing
    • Unit 1 Info: Heat Included, Hot Water
    • Unit 2 Info: Heat Included, Hot Water
    • SqFt-Apx Fin AG Source: Municipal
    • Unit 3 Info: Heat Included, Hot Water
    • Unit 4 Info: Heat Included, Hot Water
    • Unit 5 Info: Heat Included, Hot Water
    • Unit 6 Info: Heat Included, Hot Water
    • Unit 5 Rental Agreement: Yes
    • Unit 6 Rental Agreement: Yes
    • Unit 4 Rental Agremnt: Yes
    • Unit 6 Lease Term: Month to Month
    • Unit 5 Rental Amt Freq: Monthly
    • Unit 6 Rental Amt Freq: Monthly
    • Unit 1 Lease Term: Annual
    • Unit 5 Lease Term: Annual
    • Zillow Group: Yes
    • SqFt-Apx Fin BG Source: Municipal
    • SqFt-Apx Unfn BG Source: Municipal
    • Basement Access Type: Interior
    • SqFt-Apx Unfn AG Source: Municipal
    • Basement Description: Dirt Floor
    • Style: Colonial, Ranch
    • Easements: Unknown
    • Unit 1 Status: Leased
    • Sewer: Public Sewer On-Site
    • Water: Public Water - On-Site
    • Unit 2 Status: Leased
    • Features - Exterior: Shed
    • Unit 3 Status: Month to Month
    • Unit 4 Status: Leased
    • Unit 5 Status: Leased
    • Unit 6 Status: Leased
    • Unit 2 Lease Term: Annual
    • Delayed Showing: Yes
    • Utilities: Other
    • Continue to Show?: Yes
    • Listing Status: Active Under Contract
    • Date - Showings Begin: 2019-05-04
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    $698,400
    2% more+$13,968
    With Zillow Showcase(estimated)$712,368