Laconia, NH 03246,145-153 Union AVE
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Laconia, NH 03246,145-153 Union AVE
Laconia, NH 03246,145-153 Union AVE
Laconia, NH 03246,145-153 Union AVE
Laconia, NH 03246,145-153 Union AVE
Listed by Viktoria V Alkova • KW Coastal and Lakes & Mountains Realty
Bought with Todd Hudson • Red Post Realty

$1,387,000

Est. payment /mo

$1,387,000

Est.Price: ?

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145-153 Union AVE Laconia, NH 03246

7,808 SqFt

SOLD DATE : 07/26/2024

Key Details

Sold Price $1,387,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,808 sqft

Price per Sqft $177

MLS Listing ID 4996838

Sold Date 07/26/24

Construction Status Existing

Year Built 1900

Annual Tax Amount $6,641

Tax Year 2023

Lot Size 0.440 Acres

Acres 0.44

Property Description

This investment opportunity comprises two buildings on a single lot, with ample parking for all tenants. The main building at 145 Union Ave features six spacious 3-bedroom, 1-bathroom apartments, while the duplex at 153 Union Ave includes one 2-bedroom unit and one 1-bedroom unit. Recent upgrades to the 6-unit building include a new roof, two additional top-floor units, and extensive renovations such as new kitchens, updated windows, refreshed flooring, bathrooms, paint, plumbing, and electrical fixtures. The parking lot, repaved this year, offers 13 spaces. Other improvements include updated heating and electrical systems, new mini-split systems in the top-floor units, and high-efficiency boilers. Separate electric meters are in place, with tenants responsible for their own bills. Located a short walk from downtown Laconia, the property provides easy access to shops, restaurants, gyms, theaters, walking trails, a hospital, and skiing. Tenants enjoy beautiful views and the convenience of town water and sewer. This property is an enticing investment opportunity, combining modern amenities, a prime location, and thoughtful long-term renovations, making it perfect for a 1031 exchange. Owner is a licensed real estate agent.

Location

State NH

County Nh-belknap

Area Nh-Belknap

Zoning UC

Rooms

Basement Entrance Interior

Basement Other, Interior Access, Exterior Access

Interior

Heating Gas - Natural, Oil

Cooling None

Exterior

Garage Description Assigned, On-Site, Parking Spaces 1 - 10, Parking Spaces 11 - 20, Paved

Utilities Available Cable

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Shingle - Asphalt

Building

Story 3

Foundation Other

Sewer Public

Construction Status Existing

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PrimeMLS

Gail Beardmore

License Partner/Broker | License ID: 081.0004359

+1(802) 236-5431

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