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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$2,275,000

Price Change! reduced by $25,000 on August 29th 2024
MLS# 4990665
8830 sq.ft. Bedroom | 0 Bathroom
Multi Family
8-10 Arch Street Laconia NH
 
Price Change! reduced by $25,000 on August 29th 2024
$2,275,000 | $258 per sq.ft. | MLS# 4990665 A 15  Unit Multi Family Home, 8-10 Arch Street Laconia NH With 1 - One Bedroom Units | 14 - Two Bedroom Units

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. Appliances : Water Heater – Off Boiler

Annual Expenses
Taxes: $14,947
    Income

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Clapboard Exterior | Vinyl Exterior | Price Per SQ.FT. 257.64 | Year Built: 1900
LAND DESCRIPTION: LOT DESCRIPTION: Corner
Livable Space: 8830
Above Grade Sq.Ft.: 8830
Below Grade Sq.Ft.: 0
Foundation: Fieldstone
Heating: Natural Gas | Individual | Wall Furnace
Cooling: Central AC | None
Electric: Circuit Breaker(s)
Style: Apartment Building
Roof: Shingle - Asphalt
Water: Public
Sewer: Public
Lot size: 0.61 acres
Zoned: UC
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Garage And Parking: Detached | Driveway | Garage | Off Street | Parking Spaces 21+ | Paved
Roads: Paved | Public
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $14,947  | Assesed Value $0 in
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

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