Listed by Trish Marchetti with BerkshireHathaway HomeServices Commonwealth R.E 508-810-0700

Active

8-10 Arch Street

Laconia NH, 03246

$2,275,000


$257.64 per sqft

Active

8,830 sqft

Multi-family

Built in 1900

Unique investment opportunity to purchase a portfolio of 15 residential units, including a separate Urban Commercial zoned (UC) ranch style building, 9+ garage bays and an additional buildable lot. 8-10 Arch St consists of 14 residential units (1 one-bed & 13 two-bed), 6 garage bays (61x18 and each bay is walled off), an additional oversized garage/storage area (61x25) and a vacant lot to build additional housing units/garage or parking etc. The main building has 11 renovated units, newer circuit breaker panels, superstore HW heater and Rinnai wall furnaces for each unit. Expansive walk out lower-level w/ coin-opp laundry and workshop/storage space. 158 Union Ave is a free-standing 2-bedroom ranch style home that is currently 1 residential rental which is zoned Urban Commercial and has value-add potential for many business opportunities or expansion. All financials and unit photos available upon request.

4990665

MLS ID

April 9, 2024

Listed

November 25, 2024

Updated

Map

8-10 Arch Street
Laconia NH, 03246

Interior Features

Fireplace

No


Cooling

No


Cooling Description

Central AC, None


Heating

Yes


Heating Description

Individual, Wall Furnace, Gas - Natural

Exterior/Building Features

Lot Size

0.61 Acres


Exterior Features

Porch, Storage


Roof

Shingle - Asphalt


Sewer

Public

Other Property Details

Area Name

NH-Belknap


Taxes

$14,947


Tax Frequency

Annually


Days on Market

172


Garage

Yes


Garage Spaces

10


Parking

Detached, Driveway, Garage, Off Street, Parking Spaces 21, Paved


View

No


Pool

No

Listing History

Date

Event

Price

8/29/2024

Price change

$2,275,000

-2%

Listed by Trish Marchetti with BerkshireHathaway HomeServices Commonwealth R.E 508-810-0700

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