Listed by Viktoria Alkova with KW Coastal and Lakes & Mountains Realty 603-610-8500

Pending

145-153 Union Avenue

Laconia NH, 03246

$1,387,000


$177.64 per sqft

Pending

7,808 sqft

Multi-family

Built in 1900

This investment opportunity comprises two buildings on a single lot, with ample parking for all tenants. The main building at 145 Union Ave features six spacious 3-bedroom, 1-bathroom apartments, while the duplex at 153 Union Ave includes one 2-bedroom unit and one 1-bedroom unit. Recent upgrades to the 6-unit building include a new roof, two additional top-floor units, and extensive renovations such as new kitchens, updated windows, refreshed flooring, bathrooms, paint, plumbing, and electrical fixtures. The parking lot, repaved this year, offers 13 spaces. Other improvements include updated heating and electrical systems, new mini-split systems in the top-floor units, and high-efficiency boilers. Separate electric meters are in place, with tenants responsible for their own bills. Located a short walk from downtown Laconia, the property provides easy access to shops, restaurants, gyms, theaters, walking trails, a hospital, and skiing. Tenants enjoy beautiful views and the convenience of town water and sewer. This property is an enticing investment opportunity, combining modern amenities, a prime location, and thoughtful long-term renovations, making it perfect for a 1031 exchange. Owner is a licensed real estate agent.

4996838

MLS ID

May 22, 2024

Listed

July 13, 2024

Updated

Map

145-153 Union Avenue
Laconia NH, 03246

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Hot Water, Wall Units, Gas - Natural, Oil

Exterior/Building Features

Lot Size

0.44 Acres


Lot Features

In Town, Near Shopping, Near Hospital


Roof

Shingle - Asphalt


Sewer

Public

Other Property Details

Area Name

NH-Belknap


Taxes

$6,641


Tax Frequency

Annually


Days on Market

3


Garage

No


Parking

Assigned, On-Site, Parking Spaces 1 - 10, Parking Spaces 11 - 20, Paved


View

No


Pool

No


Buyer Agency Compensation

1%

Listing History

Date

Event

Price

5/28/2024

Pending

Listed by Viktoria Alkova with KW Coastal and Lakes & Mountains Realty 603-610-8500

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