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  • Listed by: 

    Ian D Handel,

    Ian Handel Real Estate 603-560-2214

    $775,000

    18-20 Cleveland Place, Laconia, NH 03246

    10beds
    3,132sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $745,800 Zestimate®
    $247/sqft
    $-- HOA

    What's special

    Repointed chimneyNew flooringNew roofElectric mini-splitsNew rear porchAmple off-street parkingNew natural gas heaters
    Cash-flowing, well-managed 6-unit property with numerous updates and stable tenancy. All tenants are current on rent and pay their own utilities (except hot water). The property features two 1-bedroom and four 2-bedroom units, offering a desirable mix. All kitchen and bathrooms are updated. Recent improvements include four new natural gas heaters (2024), electric mini-splits (2021) in four units providing heat and A/C, and a fully renovated Unit 1 down to the studs. Additional upgrades include a new roof (2022), repointed chimney with new flashing, new flooring in most units, and a new rear porch. An on-site coin-operated laundry adds extra income. Parking lot with permanent easement provides ample off-street parking. Turnkey investment with strong rental history and no major updates needed. Seller is a licensed NH realtor. Group showing Friday, Oct. 10 at 1 PM.
    11 hours
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    138
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    11
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