MLS Number 4888605
- Bathroom 15
- Units 15
- Square Feet 8,830
- Acreage 0.61
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 consisting of 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 in the 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 breaker panels. 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 garage size 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 beautifully paved 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 surveying completed for an additional EIGHT units, this complete package is sure to provide opportunities for years to come. Schedule your showing today. 48-hour minimum notice required please, as building is occupied.
Listed by Matthew Lefebvre and Jessica Stevenson of Elm Grove Realty
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Est. Mortgage: $/month
Federal 30-year interest rate: 3.1% last updated on 2021-11-24
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