USANHLaconia22 West St
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New
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$590,000

Other

2 days ago

22 West St, Laconia, NH

House

MLS® 5094019

0 Bed

0 Bath

4342 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4342 sqft
Garage 
Taxes $7,291
Days Active 2
Lot Size 0.47 Acres
Approx. Age 1920
Avg. Price Per Sqft $135
MLS® Number 5094019

Property Address: 22 West St, Laconia, NH, 03246-3683

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5094019
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementConcrete
Driveway
Garage Spaces
HeatOil
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Jun 11, 2026List Date
$590,000List Price
  • Commute

Commute

Starting Address
Destination Address
22 West St, Laconia, NH

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