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JG Realty

JG Realty

Gilford, NH 03249

(603) 524-4646
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Listing 6 out of 24
$325,000 For Sale

736 Union Avenue
Laconia, NH 03246

10 units | Multi Family Home
3920 sq ft lot - MLS# 4749738 Courtesy of Bhhs Verani Londonderry, Joan Blais
Property Photo

Description

12% Cap Rate, for this Lakes Region rooming house. Mostly long-term tenants, many Vets. Lots of updates; easy to run. 4 baths, 2 kitchens. rents could be raised, as utilities are included and there's a low vacancy rate in town. long-time owner has it running smoothly, and in-house mgr could remain. Convenient walking distance to stores, Lake Winnipesaukee, downtown Lakeport. Near Irwin's Marine.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • County/Area: Belknap County
  • Zip Code: 03246
  • Year Built: 1900
  • School District: Laconia Sch Dst Sau #30
  • Sq.Ft.: 3,135 sq ft
  • Style: Rooming House
  • Stories: 2.5
  • Units: 10 units
  • Full Baths: 4
  • Basement: Full, Unfinished, Interior, Yes
  • Lot Size: 3920 sq ft lot
  • Baths: 4
  • Zoning: Comm/res mixed
  • Color: White
  • Construction: Wood Frame
  • Construction Status: Existing
  • Delayed Showing: No
  • Driveway: Paved
  • Electric: Circuit Breaker(S)
  • Expense - Utility: 6001
  • Expenses - Heat: 8000
  • Expenses - Insurance: 3600
  • Expenses - Taxes: 3799
  • Expenses - Water: 3200
  • Exterior: Vinyl
  • Foundation: Concrete, Granite
  • Gross Income: 64800
  • Heat Fuel: Oil
  • Heating: Baseboard, Hot Water, House Unit
  • Lot - Sqft: 3920
  • Lot Description: City Lot
  • Road Frontage: Yes
  • Road Frontage Size: 35
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Sewer: Public
  • Sqft-Apx Fin Above Grade: 3135
  • Sqft-Apx Fin Ag Source: Municipal
  • Sqft-Apx Fin Bg Source: Municipal
  • Sqft-Apx Total: 5231
  • Sqft-Apx Unfn Above Grade: 768
  • Sqft-Apx Unfn Ag Source: Municipal
  • Sqft-Apx Unfn Below Grade: 1328
  • Sqft-Apx Unfn Bg Source: Municipal
  • Tax - Gross Amount: 3799
  • Tax Year: 2018
  • Total 1 Br Units: 10
  • Total Electric Meters: 1
  • Total Heat Units: 1
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Water: Public
  • Water Heater: Off Boiler, Oil
Courtesy of Bhhs Verani Londonderry, Joan Blais

JG Realty
25 Country Club Road Unit 201
Gilford, NH 03249
Phone: (603) 524-4646
Email: mike@jg-realty.com

Testimonials

he called or text me whenver i had a question or concern made the whole process go by smooth and was honest and helpful the whole time definately recomend and have sent a few friends his way already. user76746425
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