MLS® ID: 4748158

22 West Street

Laconia, New Hampshire, 03246

$449,000 Active Under Contract
  • 5390 SQFT
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.
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Listing courtesy of RE/MAX Bayside

Amenities

  • Full baths
    0
  • Half baths
    0
  • Total Baths
    0
  • Zip
    03246
  • Office name
    RE/MAX Bayside
  • SQFT
    5390
  • Bedrooms
    0
  • Property type
    Multi-Family
  • Zoning type
    RG
  • School district
    Laconia Sch Dst SAU #30
  • Elementary school
    Pleasant Street Elementary Sch
  • Junior high
    Laconia Middle School
  • High school
    Laconia High School
  • Year built
    1920
  • Lot size
    0.47
  • Sewer
    Public Sewer On-Site
  • Heating
    Baseboard,Forced Air,Hot Air,Hot Water
  • Tax year
    2018
  • Agent name
    Christopher Kelly
  • Tax amount
    $ 5275.0
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    5000-7000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    2327-0
  • Agent ID
    12096

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