8-10 Arch Street Laconia, NH
$2,275,000
Baths 15
Square Footage 8,830
Acres 0.61
Description
Unique investment opportunity to purchase a portfolio of 15 residential units, including a separate Urban Commercial zoned (UC) ranch style building, 9+ garage bays and an additional buildable lot. 8-10 Arch St consists of 14 residential units (1 one-bed & 13 two-bed), 6 garage bays (61x18 and each bay is walled off), an additional oversized garage/storage area (61x25) and a vacant lot to build additional housing units/garage or parking etc. The main building has 11 renovated units, newer circuit breaker panels, superstore HW heater and Rinnai wall furnaces for each unit. Expansive walk out lower-level w/ coin-opp laundry and workshop/storage space. 158 Union Ave is a free-standing 2-bedroom ranch style home that is currently 1 residential rental which is zoned Urban Commercial and has value-add potential for many business opportunities or expansion. All financials and unit photos available upon request.
Listed by BerkshireHathaway HomeServices Commonwealth R.E, Trish Marchetti
Details
MLS 4990665
Price $2,275,000
Status Active
DOM 249 days
Type Multi-Family
Style Apartment Building
Total Baths 15 full baths
Square Feet 8,830 sqft
Lot Size 0.61 acres
Year Built 1900
Taxes Paid $14,947
Lot & Building Features
Appliances Water Heater – Off Boiler
Utilities Cable
Construction Clapboard Exterior, Wood Frame, Vinyl Exterior
Cooling Central AC, None
Heating Individual, Wall Furnace, Natural Gas
Parking Description Detached, Paved, Parking Spaces 21+, Off Street, Garage, Driveway
Sewer Public
Tax Year 2023
Taxes Paid $14,947
Water Public
Basement Description Concrete Floor, Walkout, Storage Space, Stairs - Interior, Interior Access, Exterior Access
Foundation Fieldstone
Lot Description Corner
Roof Shingle - Asphalt
Features Exterior Porch, Storage
Garage Yes
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.