Property Details
Basic Information
- MLS Number: 5092356
- List Price: $1,130,000
- Lot Description: Level
- Date Listed: 06/02/2026
- Units: 9
- Description: 9-unit mixed use property in central Laconia consisting of eight 1-bedroom apartments and a 928 SF commercial space. The building has been improved through updates to several apartments and the common areas, and the roof was replaced in 2021. All 8 apartments are occupied and rents are terrific with an average residential rent of $1,432/unit/month, and opportunity exists for the next owner to add revenue by leasing the commercial space. In total, the property generates ~$155K in pro forma gross revenue and ~$105K per year in NOI, corresponding to a 9.3% cap rate at the asking price. Landlord pays for heat, hot water, cold water, and electricity. There are 6 off-street parking spaces and ample street parking in the immediate vicinity. Owner is a real estate licensee.
Building
- Acreage: 0.08
- Square Feet: 5,338
- Year Built: 1885
- Zoning: UC
- Roof: Asphalt Shingle
- Building Construction: Wood Frame, Vinyl Siding
- Foundation: Brick, Granite, Stone
Location
- County: Belknap
- Town: Laconia
Interior Features
Bathrooms
- Bathrooms: 8
Basement
- Basement: Concrete Floor, Dirt Floor
Exterior Features
Exterior Features
- Exterior Color: Blue
Utilities and Appliances
Utilities and Appliances
- Utilities: Cable
Community
Amenities
- Other Amenities: Basement
Other Details
Water
- Water: Public