736 Union AvenueLaconia, NH 03246MLS Number 4749738

  • Price: $325,000
  • Est. Mortgage of $/month
  • 218 Days on Market
$/month over payments
Federal 30-year interest rate: 3.68% last updated on Dec 5, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.09Acreage
  • 4Bathroom
  • 1900Year Built
  • 3,135Square Feet

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Listed by Joan Blais of BHHS Verani Londonderry

12% Cap Rate, for this Lakes Region rooming house. Mostly long-term,co-ed tenants, many Vets. Lots of updates done by contractor-owner; easy to run. 4 baths, 2 kitchens. Rents could be raised, as utilities are included and there's a low vacancy rate in town. long-time owner has it running smoothly, and in-house manager could remain(he cleans around house, collects rents for you, does trash, watches over in general) Convenient walking distance to stores, Lake Winnipesaukee, downtown Lakeport. Near Irwin's Marine, Fratello's, O Restaurant, train depot.

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Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$325,000
  • MLS Number4749738


  • Acreage0.09
  • Parking Spaces
  • Lot1
  • Square Feet3,135
  • APX Fin AG Sqft3,135
  • Road Frontage35
  • RoadsPaved, Public
  • Lot DescriptionCity Lot


  • TownLaconia
  • StateNH
  • Zip03246
  • CountyBelknap
  • ZoningComm/res mixed
  • Flood Zone Y/NNo


  • ExteriorVinyl
  • RoofShingle - Asphalt
  • Exterior Colorwhite


  • Taxes$3,799
  • Seasonal Y/NNo
  • Operating ExpensesElectric, Heating Fuel, Insurance, Water/Sewer
  • Insurance Exp$3,600
  • Utilities Exp$6,001
  • Water Exp$3,200
  • View Count10


  • Year Built1900
  • Building ConstructionWood Frame
  • StyleRooming House
  • Units10
  • # of 1 Bedrooms10
  • Bathroom4
  • Total Baths4
  • BasementFull, Unfinished
  • FoundationConcrete, Granite


  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water, House Unit
  • WaterPublic
  • Water HeaterOff Boiler, Oil
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • Heating Exp$8,000
Melanson Real Estate
Melanson Real Estate
34 North Main Street
Wolfeboro, NH 03894
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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web 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 December 9, 2019.


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