Listing Provided Courtesy Of: NAI Norwood Group - Deana Theriault
Last Updated: 10/27/2016 6:53 PM
Description for 148 Union Avenue Laconia, NH 03246
**Investors take notice. Solid property with greater than a 7% cash-on-cash return. Investment Opportunity in Downtown River District.One parcel comprised of 2 multi family buildings. One building with 8 units and the second building with 14 units for a total of 22 units. This income producing complex is a great property and located just up the hill from the Winipesaukee River and in the Downtown River District (DRD). Property has been well maintained with many upgrades such as new flooring throughout, new kitchen cabinets and appliances, new baseboards/radiators and fresh paint.There is also a residential home that generates over $900 per month that can be purchased for additional parking and income.
Public Water Service
Other, Cable TV
12,992 Sq. Ft. Above Ground
Gas Heat, Hot Water
Exterior / Lot Features
3 Garage Spaces, Paved Driveway, On Site, On Street
In City, Other, Paved Road
Current market conditions for 148 Union Avenue
Active Market Trends
Median list price$243,450
Days on market161
Properties for sale226
Sold Market Trends
Median sold price$195,125
Sales to list price96.6%
Median sq ft price$126
Arrows indicate 90 day trend
Listing Price History for 148 Union Avenue
Laconia Real Estate
Laconia is located in New Hampshire. Laconia, New Hampshire 03246 has a population of 16,062.
The median household income in Laconia, New Hampshire 03246 is $47,817. The median household income for the surrounding county is $57,163 compared to the national median of $53,046. The median age of people living in Laconia 03246 is 44.7 years.
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