10 Arch Street Laconia, NH SOLD
$1,770,000
Baths 15
Square Footage 8,830
Acres 0.61
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Sold By
Matthew Lefebvre, Downtown RealtyDescription
Have you been searching for as many units as possible under one roof? How about a unique opportunity to build new construction? Maybe some self-storage? Look no further! Located at the intersection of Arch Street and Union Avenue in Laconia, near the heart of downtown, sits this unpretentious beauty consistingof 14 apartments. Several of the units have been recently updated to feature new carpet, vinyl flooring, and/or updated kitchens and bathrooms. Utilities are included inthe rent, and you'll be pleased to find a gleaming on-demand forced hot water system in the basement as well as updated a superstore hot water tank and circuit breakerpanels. Value-add abounds with not only basement space ready to include coin-op laundry but also a detached SEVEN bay garage/storage building (six standard garagesize and one oversized bay) for even more income opportunity. Across the street, you'll find a single family home that houses long-term tenants and sits on a beautifullypaved lot with parking for everyone! If that's STILL not enough opportunity, maybe the buildable lot on Union Ave will entice you. With conceptual plans and surveyingcompleted for an additional EIGHT units, this complete package is sure to provide opportunities for years to come. Schedule your showing today. 48-hour minimum noticerequired please, as building is occupied.
Listed by Downtown Realty, Jessica Stevenson & Matthew Lefebvre
Sold by Downtown Realty, Matthew Lefebvre
Details
MLS 4895682
Price $1,770,000
Status Closed
DOM 99 days
Type Multi-Family
Square Feet 8,830 sqft
Lot Size 0.61 acres
Year Built 1900
Lot & Building Features
Utilities High Speed Intrnt -Ava
Cooling None
Heat Source Gas - Natural
Heating Multi Zone
Parking Description Garage, Paved, Parking Spaces 11 - 20, Off Street
Sewer Public
Tax Year 2020
Basement Description Unfinished
Foundation Fieldstone
Roof Shingle - Asphalt
Garage Yes
Map
Multi-Family Home for Sale: 10 Arch Street, Laconia, NH 03246 SOLD
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Financing
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6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.