145-153 Union AvenueLaconia, NH 03246Price: $1,387,000

  • Price: $1,387,000
  • Est. Mortgage of $/month
  • 34 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
* 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.
  • 0.44Acreage
  • 8Bathrooms
  • 1900Year Built
  • 7,808Square Feet

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Listed by Viktoria Alkova of KW Coastal and Lakes & Mountains Realty
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.

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More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1900
  • Units8
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms6
  • Bathroom8
  • Total Baths8
  • BasementOther, Interior Access, Exterior Access
  • FoundationOther

Amenities

  • PricePerSqFt177.64

Water Body

  • Water AccessNo
  • Water ViewNo

Basic Information

  • StatusPEN
  • List Price$1,387,000
  • Date Price Change05/22/2024
  • MLS Number4996838
  • MLS StatusPending

Property

  • Acreage0.44
  • Parking Spaces
  • Lot59
  • Square Feet7,808
  • APX Fin AG Sqft7,808
  • Road Frontage170
  • RoadsPublic
  • AreaIn Town, Near Shopping, Near Hospital

Other

  • Taxes$6,641
  • Seasonal Y/NNo
  • Date Listed05/22/2024
  • View Count1

Location

  • TownLaconia
  • StateNH
  • Zip03246
  • CountyBelknap
  • ZoningUC
  • Flood Zone Y/NNo

Exterior

  • RoofShingle - Asphalt
  • Exterior ColorWhite

Utilities

  • Heat FuelGas - Natural, Oil
  • Heat SystemHot Water, Wall Units
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable
Melanson Real Estate
Melanson Real Estate
34 North Main Street
Wolfeboro, NH 03894
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 June 24, 2024 11:23 PM EDT

 

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