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.
Off market
Street View
Zestimate®
$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
What's special
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
Sell with ease on Zillow
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$698,400
2% more+$13,968
With Zillow Showcase(estimated)$712,368