List Price: $2,275,000 | $258 per sq.ft. Multi Family A 15 Unit Multi Family Home
With 1 One Bedroom Units , 14 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Tuesday Apr 9, 2024 | MLS# 4990665


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Address: 8-10 Arch Street Laconia NH
Listed by Trish Marchetti BerkshireHathaway HomeServices Commonwealth R.E
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.
Annual Expenses

Taxes: $14,947
Income
Appliances : Water Heater – Off Boiler
Construction: Wood Frame | Clapboard Exterior | Vinyl Exterior
Year Built: 1900
Style: Apartment Building
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 8830
Above Grade Sq.Ft.: 8830
Basement: Concrete Floor | Stairs - Interior | Storage Space | Walkout | Interior Access | Exterior Access
Foundation: Fieldstone
Exterior Features:
Porch | Storage
Roof: Shingle - Asphalt
Garage And Parking: Detached | Driveway | Garage | Off Street | Parking Spaces 21+ | Paved
Seasonal: No
Heating: Natural Gas | Individual | Wall Furnace
Cooling: Central AC | None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Land Information
Corner
Lot size: 0.61 acres
Zoned: UC)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Driveway: Paved
Additional Information
Easement - Unknown
Block - 0
Taxes $14,947
Assesed Value Not Reported
Schools

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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 November 23rd, 2024

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