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


$300,000

MLS# 5021334
Under Contract sq.ft. Bedroom | 0 Bathroom
Commercial
736 Union Avenue Laconia NH
on Opechee Bay (AKA Opechee)
 
$300,000 | $51 per sq.ft. Under Contract Commercial Property, 736 Union Avenue Laconia NH | Space type
on Opechee Bay (AKA Opechee) MLS# 5021334


DESCRIPTION

Welcome to 736 Union Avenue, a conveniently located Lakes Region 10 unit rooming house. Most tenants have been here long-term. There are 3 1/2co-ed bathrooms, 2 shared kitchens, and optional basement or attic space that can be utilized for storage. Parking is on-street, some tenants have alternative parking arrangements. There is an opportunity for rental increase, all tenants are month-to-month and will remain in home upon closing. Utilities are included in the rent. Long-time owner has 2 in-house managers that keeps things running smoothly, collects rents for you, helps keep the communal areas clean, removes trash, and general overseeing of the property. This home is in a prime walkable area, located directly next to the WOW Trail and Railroad, Lake Opechee, and Downtown Lakeport. Tenants enjoy a small grassy backyard with view of the trail and lake, and two sitting area parks nearby. Near Paugus Bay, Lakeport Landing, Irwin's Marine, Fratello's, O's Steak and Seafood, Case n Keg, Main Street Social Club Ice Cream and much more. Come discover the charm of Downtown Lakeport, and the opportunity to invest in this community! Please allow 48 hours for showings. Call to schedule your showing today!
Building Type : Multi-Family

Sale Includes : Equipment | Building
Price per SQFT | 51.34 Net Income| 0
Gross Income| 73500
Management Expense-| $0
Insurance Expense -| $0


FEATURES AND DETAILS

CONSTRUCTION:
Wood Frame | Vinyl Siding | Price Per SQ.FT. 51.34 | Year Built: 1900
No. of Units-| 10
Building Size | 5843
Basement: Dirt Floor | Stairs - Interior | Unfinished | Exterior Access | Stairs - Basement
Building Type: Multi-Family
Roof: Shingle - Asphalt
Garage And Parking: Off-Site | On Street
Road Frontage: 35
Heating: Baseboard | Hot Water | Oil
Cooling: None
Electric: 200 Amp
Utilities: Cable - Available | Telephone Available
No. of Docks | 0.
No. of Drive Doors | 5843.

LAND INFORMATION


 


ADDITIONAL INFORMATION

Lot size: 0.09 acres
Zoned: Urban Commercial
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 35
Docs Available : Deed | Property Disclosure | Tax Map | Town Approvals
Taxes $4,890  | Assesed Value $351,600 in 2023
15 Buck Rd. Hanover, NH 03755 603-643-3942

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