377 Union Avenue

Laconia, NH 03246

MLS ID# 4853720 Active
Investment

$950,000



Details for 377 Union Avenue, Laconia NH 03246

Laconia, NH 03246 - Investors take note, income producing 11 unit mixed residential/commercial building situated between the Downtown Commercial District and Lakeport Square. The property currently consists of 10 residential units, with 11 bedrooms, 10 bathrooms and an updated commercial suite with frontage on highly traveled Union Avenue. The current owner has completed many upgrades, both inside and out. Strong rental history, 8 of the residential units are currently leased. A total renovation of one of the 2 bedroom units has just been completed and another is underway, with replacement tenants in place. Situated within walking distance of shops, grocery stores, pharmacies, restaurants, medical facilities, and schools. Do not miss out on the exciting revitalization of downtown Laconia and Lakeport Square. Additional photographs of other units and utilities are available upon request. City water/sewer and solar panels. Welcome to 377 Union Avenue!

Features and Details

  • Category Commercial
  • Type Investment
  • Village/Neighborhood
  • County Belknap
  • Lot Size 6098
  • Acreage 0.14
  • MLS ID# 4853720

Annual Expenses/Income
Income: 99696
Apx Bldg SqFt
6876
Basement
Apartments, Daylight, Partially Finished, Stairs - Interior, Exterior Access, Stairs - Basement, Yes
Construction
Wood Frame
# of Stories
3
Cooling
Other
Heating
Hot Water
Parking
Leased, On-Site, On Street, Parking Spaces 5 - 10
Lot Description
City Lot, Level
Operating Expense Inc
Heat, Insurance, Maintenance, Sewer, Trash, Water, Water/Sewer
Siding
Other
Total
Units: 11
Features
Living Space Available, Heat Included, In-Unit Bathroom
Utilities
Cable - Available
Natural Gas
Yes
Water
Public
Sewer
Public
Zoning
UC
Location
Business District, Commercial Zoning, In Town, Near Shopping, Neighborhood
Property Types
Investment, Multi-Family
Property Type Use
Free Standing Building, Other, Storefront
Transport Access
City Street, Major Road Access, Near Airport, State Highway, Paved
Deed
Book: 3303, Page: 110
Foreclosed/Bank-Owned
Foreclosed/Bank-Owned: No
Delayed Showings
No
Sale Includes
Land/Building
Sale Type
Sale
This listing was last updated on 4/5/2021 3:59:53 PM.