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377 Union Avenue

Laconia, NH 03246
  • $950,000
  • STATUS: Active Under Contract
  • MLS #: 4853720
Under Contract
UPDATED: 37 min ago
$950,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,876
    SQFT
  • $138
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1880
County:
Area:

School Ratings & Info

Courtesy of Chris Adams of Re/Max Bayside.

Description

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!

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© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-06-19T10:05:45.777.
www.parrottrealtygroup.com/homes/115708863
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377 Union Avenue Laconia, NH 03246

  • Price: $950,000
  • Status: Active Under Contract
  • Updated: 37 min ago
  • MLS #: 4853720
0
Beds
0
Baths
0
½ Baths
0.14
Acres
6,876
SQFT
$138
$/SQFT
1880
Built
Neighborhood:
Laconia
County:
Belknap
Area:
Laconia
Property Description
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!
Exterior Features

Construction Wood Frame Exterior Other Lot Description City LotLevel Parking LeasedOn-SiteOn StreetParking Spaces 5 - 10 Road Frontage Yes Road Frontage Length 161 Roof Shingle - Architectural Transport Access City StreetMajor Road AccessNear AirportPavedState Highway

Interior Features

Air Conditioning Percentage 0 Basement Yes Basement Access Type Walkout Basement Description ApartmentsDaylightPartially FinishedStairs - InteriorExterior AccessStairs - Basement Cooling Other Divisible Sq Ft No Foundation GraniteStone Heating Hot Water Sq Ft Total Building 6876 Sq Ft Total Source Public Records

Property Features

Assessment Year 2020 Commercial Features Living Space AvailableHeat IncludedIn-Unit Bathroom Electric Circuit Breaker(S) Flood Zone Unknown Gross Income 99696 Heat Fuel Gas - Natural Natural Gas Available Yes Net Income 73793 Pre Construction No Sale Includes Land/Building Seasonal No Sewer Public Sub Property Type InvestmentMulti-Family Sub Property Type Use Free Standing BuildingOtherStorefront Submarket Lakes Region Tax Gross Amount 4679.56 Tax Rate 19.72 Tax Year 2020 Taxes Tbd No Traffic Count 8400 Utilities Cable - Available Water Public Zoning Uc

Courtesy of Chris Adams of Re/Max Bayside.


© Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-06-19T10:05:45.777.
 
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Parrott Realty Group | Keller Williams Gateway Realty
20 Trafalgar Square
Nashua NH, 03063
Courtesy of Chris Adams of Re/Max Bayside.