49-63 Elm Street
Laconia , NH
$649,000 | 22 Units | 6588 Sq. Ft. | MLS# 4127854Listed by: Gunter, Robert/RE/MAX Bayside Laconia
22 total units offer unlimited potential and outstanding cash flow! This lucrative commercial/income property is right across from the Opechee Inn and Conference Center in a fantastic central location near shopping, schools, the hospital, the beach, marinas, and just a minute's walk to 4 restaurants. Property includes 3 buildings with 16 residential units, 5 commercial units, and a garage rental. Ample on-site parking, coin operated laundry. Most commercial units have an outstanding views of Lake Opechee. Heat, hot water and electric included in apartment rents. Commercial tenants pay their own utilities. See attached income/expense information.
Features
Porch
For more information call us at 603-279-6565
Multi-Family
Total Units: 22
Year Built: 1930
Square Feet: 6588
Gross Annual Income: $159,276
Lot Size: 0.52 Acres
Annual Operating Expenses: $37,096
Zoning: Commercial
Unit Information
| Unit 1 | Unit 2 | Unit 3 | Unit 4 | Unit 5 | Unit 6 | Unit 7 | Unit 8 | |
|---|---|---|---|---|---|---|---|---|
| Bedrooms | 2 | 2 | 1 | 2 | 2 | 1 | 1 | 2 |
| Bathrooms | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Rent | $769 | $801 | $675 | $715 |
Expenses $37,096
Insurance Expense: $2,926
Heat Expense: $9,986
Utilities Expense: $7,241
Water/Sewer Expense: $7,505
Property Taxes: $9,793
Property Description
Number Of Garage Spaces: 1
Road Frontage: 283.00 FT
Flood Zone: U
Surveyed: U
Seasonal Property: N
Construction Wood Frame
Electric Circuit Breaker,Fuses,100 Amp
Exterior Clapboard,Masonite
Foundation Brick,Granite
Heat Fuel Gas-Natural
Baseboard,Hot Air
Neighborhood Near Shopping,Intown,Near Public Trans
Operating Expenses $0
Posession At Closing
Rent Includes Other
Roads Paved, Public
Roof Shingle-Asphalt
Sewer Public
Style Converted
Trash Muni
Utilities Natural Gas
Water Public
Water Heater Gas-Natural
Garage Parking Permitted, 21+ Spaces, On Site, Paved, Detached
Driveway Paved
Basement Apartments, Bulkhead, Exterior Stairs, Walk Out, Unfinished, Full
Documents Available Deed, Plot Plan
Floors Hardwood, Tile, Vinyl
Lot Description View, Water View, Commercial Zoning, Business District, Corner, Lake View
Schools
High School: Laconia High School
Middle School: Memorial Middle School
Elementary School: Elm Street School
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