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Jared Scali

jared@classifiedre.com +1(603) 508-2256

Listed by Trish Marchetti • BerkshireHathaway HomeServices Commonwealth R.E • Cell: 339-222-0471

$1,750,000

Est. payment - /mo

9,050 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,050 sqft

Price per Sqft $193

MLS Listing ID 5093247

Construction Status Existing

Year Built 1900

Annual Tax Amount $12,811

Tax Year 2026

Lot Size 0.340 Acres

Acres 0.34

Property Description

MAJOR PRICE REDUCTION –EXCEPTIONAL INVESTMENT OPPORTUNITY WITH TREMENDOUS UPSIDE POTENTIAL! An outstanding opportunity for investors seeking immediate rental income, multiple additional revenue streams, and future development possibilities! This unique offering includes a 14-unit apartment building with large walk-up attic for future units/tenant storage, an expansive two-story detached barn/garage, and a separate vacant buildable lot! The residential building features generously sized units consisting of thirteen 2-bedroom apartments and one spacious 1-bedroom apartment. With remodeled units, investors can benefit from substantial improvements while still having excellent opportunities for additional value-add enhancements and increased income potential. Some property upgrades include newer circuit breaker panels and individual Rinnai wall furnaces in each unit. The expansive walk-out lower level offers even more possibilities, including space for future coin-operated laundry, tenant storage, and workshop/garage areas. THE DETACHED BARN/GARAGE IS A MAJOR HIGHLIGHT! This impressive two-story structure features SIX individual garage bays on the upper level, each approximately 18' x 10', plus an enormous 61' x 25' lower-level garage/storage area with convenient drive-in access! Currently vacant, these spaces offer exceptional possibilities for garage rentals, vehicle storage, contractor storage, workshop space, or other income-producing uses. ANOTHER HUGE BONUS – A SEPARATE VACANT BUILDABLE LOT! Explore the possibilities for future development, expanded parking, additional storage, or other uses that could further enhance the property's overall value (subject to applicable approvals). With 14 income-producing apartments, substantial unused garage space, additional basement opportunities, and a separate buildable lot, this property offers a rare combination of established income and multiple avenues for future growth.

Location

State NH

County Nh-belknap

Area Nh-Belknap

Zoning UC

Rooms

Basement Entrance Walkout

Basement Concrete Floor, Interior Stairs, Storage Space, Walkout, Interior Access, Exterior Access

Interior

Cooling None

Exterior

Garage Spaces 10.0

Utilities Available Cable

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public

Architectural Style Apartment Building

Construction Status Existing

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NEARBY SCHOOL & BUSINESS

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Jared Scali

+1(603) 508-2256

Agent License ID: 9584698

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8-10 Arch ST Laconia, NH 03246

Jared Scali

Key Details

Location

Rooms

Interior

Exterior

Building

NEARBY SCHOOL & BUSINESS

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