REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Trish Marchetti • BerkshireHathaway HomeServices Commonwealth R.E • Cell: 339-222-0471
$ 1,950,000
Est. payment /mo
Active
8-10 Arch ST Laconia, NH 03246
9,050 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,050 sqft
Price per Sqft $215
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
Exceptional investment opportunity featuring a portfolio of 14 residential units, a detached multi-bay barn/garage, and an additional vacant buildable lot offering future development potential. The fully occupied apartment building consists of 14 residential units, including one large 1-bedroom unit and thirteen 2-bedroom units. Many units have been renovated, providing an attractive mix of updated living spaces and strong rental income. Property improvements include newer circuit breaker panels, a SuperStore hot water system and individual Rinnai wall furnaces serving each unit. The expansive walk-out lower level offers additional value with a future coin-operated laundry room, workshop area and ample storage space. A standout feature of the property is the detached two-story barn/garage structure. The upper level includes six separate garage bays, each measuring approximately 18' x 10'. The lower level features an oversized 61' x 25' garage/storage area with drive-in access, creating exceptional potential for additional rental income, storage, workshop, or business use. Currently vacant, this space offers the new owner the flexibility to maximize its value based on their specific needs and investment goals. Also included is a separate vacant lot, offering potential for future development, additional parking, outdoor storage, or other value-add opportunities (subject to local approvals). This unique offering combines strong in-place cash flow with significant upside potential through continued improvements, additional rental income opportunities, and future development possibilities. Financial information, rent roll, and unit photographs are available upon request.
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
