123 Union Ave #123 & 127, Laconia, NH 03246

This mega multi-unit complex with 15 units consists of 2 separate structures on 2 separate lots. Side by side they share a driveway with ample parking off road in the back. One building is a separate home with 2 units; a 3-bedroom unit and a 2-bedroom unit. The larger building has 13 units; 2 studio apartments and 11 one-bedroom apartments. With the high demand for in town apartments there has never been a better time to invest. The monthly gross income is $11,935.00 making the annual effective gross income $143,220.00. The property is managed by a 3rd party with a complete maintenance record of upgrades and repairs. The new buyer may elect to self-manage thereby retaining the management fees and improving the NOI. Showings: not all units can be seen at any one time due to various schedules and shift workers. Prior to showings we must receive proof of ability to purchase, either a prequalification from a lender or if cash we need bank verification. Upon an accepted offer all units will be available for viewing and further inspections by professionals. Your tenants can walk to everything downtown including 2 beaches and public parks. This is truly a convenient in town multi-family complex and is 100% occupied.