Bought with Todd Hudson with Red Post Realty and Listed by Viktoria Alkova with KW Coastal and Lakes & Mountains Realty 603-610-8500
Sold
145-153 Union Avenue
Laconia NH, 03246
$1,387,000
$177.64 per sqft
Sold
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
October 3, 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 Hospital, Near Shopping
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
Listing History
Date | Event | Price |
---|---|---|
7/26/2024 | Sold | $1,387,000 |
5/28/2024 | Pending | — |
Bought with Todd Hudson with Red Post Realty and Listed by Viktoria Alkova with KW Coastal and Lakes & Mountains Realty 603-610-8500
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