Listing Provided by:
Badger Peabody Smith Realty
Cell: 603-348-7261
Agent: Missy Sullivan
***Group showings for Saturday and Sunday have been cancelled*** Turnkey 6-unit multifamily in the heart of Laconia's Lakes Region: two buildings on a 0.47-acre in-town lot, steps from Memorial Park and a short stroll to Lake Winnisquam. Extensively improved and meticulously maintained, with a new boiler, upgraded flooring, fresh paint, and renovated baths already done for the next owner. All units are currently occupied. The four-unit building offers two spacious 3-bedroom homes plus two 1-bedrooms; a separate two-unit cottage adds a 1-bed and a 2-bed. Unit mix: three 1BR, one 2BR, and two 3BR. Strong in-place numbers with real upside. Contract rents total $96,916/year against a recast NOI near $50,463, about an 8.55% cap at list price, with pro forma approaching 9.4% as rents stabilize. Four of six units are currently landlord-paid for heat, hot water, and electricity, offering a clear path to expense recovery and added income. Unbeatable location: walk to the ballfields, tennis, and open green space at Memorial Park, enjoy nearby lake access, and reach downtown Laconia's shops and dining in minutes. Central to Tilton, I-93, and the broader Lakes Region and its deep year-round and seasonal rental demand. On-site parking and storage shed included. A rare blend of condition, cash flow, and an excellent setting. Ideal for investors seeking stable income with built-in upside. Offering memorandum with financials and unit floor plans available.
Listed and Shown By
Broker Name: Badger Peabody Smith Realty
Agent Name: Missy Sullivan
Broker Phone: Cell: (603) 348-7261
Agent Phone: (603) 724-0930
Co-Listed By
Broker Name: Badger Peabody Smith Realty
Agent Name: Missy Sullivan
Broker Phone: (603) 724-0930
Estimated Payment
$ 3,670.52 per month $2,890.85 Principal & Interest $607.58 Property Tax $172.08 Homeowner's InsuranceSource: Delta Media Group, Inc.
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22 West Street, Laconia, NH 03246.
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