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22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo
22 West Street, Laconia, NH 03246 Photo

44 Total Photos [Click to View All]

  • 4,342
    Square Feet
  • 5094019
    MLS#
$590,000
Status: Active Under Contract
22 West Street Laconia, NH 03246

Property Description

***Group showings for Saturday and Sunday have been cancelled*** Turnkey 6-unit multifamily in the heart of Laconia's Lakes Region: two buildings on a 0.47-acre in-town lot, steps from Memorial Park and a short stroll to Lake Winnisquam. Extensively improved and meticulously maintained, with a new boiler, upgraded flooring, fresh paint, and renovated baths already done for the next owner. All units are currently occupied. The four-unit building offers two spacious 3-bedroom homes plus two 1-bedrooms; a separate two-unit cottage adds a 1-bed and a 2-bed. Unit mix: three 1BR, one 2BR, and two 3BR. Strong in-place numbers with real upside. Contract rents total $96,916/year against a recast NOI near $50,463, about an 8.55% cap at list price, with pro forma approaching 9.4% as rents stabilize. Four of six units are currently landlord-paid for heat, hot water, and electricity, offering a clear path to expense recovery and added income. Unbeatable location: walk to the ballfields, tennis, and open green space at Memorial Park, enjoy nearby lake access, and reach downtown Laconia's shops and dining in minutes. Central to Tilton, I-93, and the broader Lakes Region and its deep year-round and seasonal rental demand. On-site parking and storage shed included. A rare blend of condition, cash flow, and an excellent setting. Ideal for investors seeking stable income with built-in upside. Offering memorandum with financials and unit floor plans available.

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Property Features

MLS Number: 5094019
Subdivision:
County: Belknap
Bedrooms: 0
Total Square Feet: 4,342
Style: Multi-Family
New Constuction: No
Construction: Wood Frame
Outdoor Features: Covered Porch, Shed
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Concrete
Cooling: None
Heating: Oil
Lot Size: 0.47 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $7,291
Year Built: 1920

Amenities

Covered Porch
Shed

Feature Descriptions

Construction: Wood Frame
Construction Status: Existing
Days on Market: 2
Driveway: Paved
Driveway: Paved
Electric: 200+ Amp Service
Exterior: Wood Frame
Flood Zone: No
Flooring: Vinyl Plank
Foundation: Concrete, Stone
Foundation: Concrete, Stone
Home Style: Multi-Family
Lot: Corner, Neighborhood, Near School(s)
Roads: Public, Public Maintained Road
Sewer: Public
Sq. Ft. Total Finished: 4342
Total Stories: 2
Units: 6
Water: Public
Zoning: RG

Location

Listed By / Shown By

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Listed By

Broker Name: Badger Peabody Smith Realty
Agent Name: Keegan Rice
Broker Phone: 603-823-5700
Agent Phone: Cell: (603) 348-7261


agent picture

Co-Listed By

Broker Name: Badger Peabody Smith Realty
Agent Name: Missy Sullivan
Broker Phone: 603-823-5700
Agent Phone: (603) 724-0930

Estimate Your Payment

Estimated Payment

$ 3,670.52 per month $2,890.85 Principal & Interest $607.58 Property Tax $172.08 Homeowner's Insurance

Source: Delta Media Group, Inc.

Change Payment Information

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(Payments are an estimate and may vary by lender)

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