123 Union AvenueLaconia, NH 03246MLS Number 4833076

  • Price: $799,000
  • 57 Days on Market
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Federal 30-year interest rate: 2.71% last updated on Dec 3, 2020
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Pending
123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246123 Union Avenue Laconia NH 03246
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    This mega multi-unit complex with 15 units consists of 2 separate structures on 2 separate lots. Side by side they share a driveway with ample parking off road in the back. One building is a separate home with 2 units; a 3-bedroom unit and a 2-bedroom unit. The larger building has 13 units; 2 studio apartments and 11 one-bedroom apartments. With the high demand for in town apartments there has never been a better time to invest. The monthly gross income is $11,935.00 making the annual effective gross income $143,220.00. The property is managed by a 3rd party with a complete maintenance record of upgrades and repairs. The new buyer may elect to self-manage thereby retaining the management fees and improving the NOI. Showings: not all units can be seen at any one time due to various schedules and shift workers. Prior to showings we must receive proof of ability to purchase, either a prequalification from a lender or if cash we need bank verification. Upon an accepted offer all units will be available for viewing and further inspections by professionals. Your tenants can walk to everything downtown including 2 beaches and public parks. This is truly a convenient in town multi-family complex and is 100% occupied.
    Listed by Ernest Millette of BHHS Verani Belmont

    Driving Directions

    Lisa Hampton Real Estate LLC
    Lisa Hampton Real Estate LLC
    Office: 603.788.5106
    20 Middle Street
    Lancaster, NH 03584

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    More Info

    Basic Information

    • StatusPEN
    • Modification Date10/22/2020
    • TypeInvestment, Multi-Family, Opportunity, Other
    • List Price$799,000
    • Broker NameBHHS Verani Belmont
    • Listing Agent NameErnest Millette
    • Lister Office NameBHHS Verani Belmont
    • MLS Number4833076
    • MLS StatusPending

    Other

    • View Count4

    Location

    • Building Number123
    • StreetUnion Avenue
    • TownLaconia
    • StateNH
    • Zip03246
    • CountyBelknap
    • Map432

    Property

    • Acreage0.33
    • Parking Spaces
    • Property TypeCommercial Sale
    • Lot Sqft14,375
    • Road Frontage92

    Building

    • Year Built1900
    • ConstructionWood Frame
    • Units15
    • Square Feet6,222
    • BasementCrawl Space, Partial, Unfinished
    • Garage Spaces

    Exterior

    • ExteriorClapboard
    • RoofShingle - Asphalt
    Broker Reciprocity

    Copyright 2020 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 3, 2020.

     

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