10 ARCH STREET Laconia, NH 03246 | Multi-Family
$1,770,000 ![]()
Listing Courtesy of
Downtown Realty
Description
Have you been searching for as many units as possible under one roof? How about a unique opportunity to build new construction? Maybe some self-storage? Look no further! Located at the intersection of Arch Street and Union Avenue in Laconia, near the heart of downtown, sits this unpretentious beauty consistingof 14 apartments. Several of the units have been recently updated to feature new carpet, vinyl flooring, and/or updated kitchens and bathrooms. Utilities are included inthe rent, and you'll be pleased to find a gleaming on-demand forced hot water system in the basement as well as updated a superstore hot water tank and circuit breakerpanels. Value-add abounds with not only basement space ready to include coin-op laundry but also a detached SEVEN bay garage/storage building (six standard garagesize and one oversized bay) for even more income opportunity. Across the street, you'll find a single family home that houses long-term tenants and sits on a beautifullypaved lot with parking for everyone! If that's STILL not enough opportunity, maybe the buildable lot on Union Ave will entice you. With conceptual plans and surveyingcompleted for an additional EIGHT units, this complete package is sure to provide opportunities for years to come. Schedule your showing today. 48-hour minimum noticerequired please, as building is occupied.
