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660-668 Main, Laconia, NH 03246

4 Bed, 4 Bath Multi-Family Home For Sale

660-668 Main, Laconia, NH 03246 House For Sale - MLS #4668248
$450,000
4
4
Multi-Family
5+ Family
15
This listing is courtesy of Kevin Sullivan from Weeks Commercial

Property Description for 660-668 Main, Laconia, NH 03246

Iconic investment property in Downtown Laconia, offering four storefronts, and 11 one-bedroom apartments. Built in 1900 this building boasts limited turnover in both commercial and residential spaces. Rare downtown property has private parking for 5 cars, and abuts a city lot with 70 spaces. Located nearby the exciting 15 million dollar restoration of the Colonial Theatre. Actual vacancy averages less than 10% for the last three years. Many tenants have been there for years. Double digit CAP rates, and minimal turnover make this property a winner. Financials available upon request. This investment property will not disappoint. 24-48-hour advance notice for showings.

Interior Details

10,372 sq. ft.
$43.39/sq. ft.
8
Public
Public

Exterior Details

0.14 acres
6,098 sq. ft.
3
Parking Spaces 5
Masonry; Steel Frame
Concrete

Other Details

4668248
1900
$2,736

Units Description

Unit #1
Rooms: 2      Bedrooms: 1      Full / Half Baths: 1      Rent: $758     

Unit #2
Rooms: 2      Bedrooms: 1      Full / Half Baths: 1      Rent: $650     

Unit #3
Rooms: 2      Bedrooms: 1      Full / Half Baths: 1      Rent: $628     

Unit #4
Rooms: 2      Bedrooms: 1      Full / Half Baths: 1      Rent: $700     

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Town Description

There were 6,724 households out of which 28.0% had children under the age of 18 living with them, 46.4% were married couples living together, 11.2% had a female householder with no husband present,...

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