Cash flowing, well managed 6 unit property with recent updates! The rents speak for themselves here. This property is certified lead free as well! The property consists of two 1 bedroom units, and four 2 bedroom units. Updates include: Completely renovated unit 1 down to the studs. New tenant moving in at $1600/month. Current owner added electric mini splits to all units (2021), tenants pay for their own heat and AC. NEW roof 2022, chimney repointed and flashing added. A coin op laundry machine available for tenant use adds to the landlord cash flow. New rear deck. Parking lot is not part of property, however, there is an easement in place to allow tenant parking. Lot is behind building, 1 spot per unit. Shown by group showing only.
Closed
Listed by:
Patrick Willie-Bonglo,
Cameron Prestige, LLC 857-331-5127
$595,000
18-20 Cleveland Place, Laconia, NH 03246
10beds
6baths
3,432sqft
Multi Family
Built in 1900
-- sqft lot
$760,500 Zestimate®
$173/sqft
$2,446 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 26, 2022 at 12:17pm
Listed by:
Patrick Willie-Bonglo,
Cameron Prestige, LLC 857-331-5127
Bought with:
Ian Handel
Ian Handel Real Estate
Source: PrimeMLS,MLS#: 4913126

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Mini Split
Cooling
- Mini Split
Features
- Flooring: Laminate, Vinyl
- Basement: Unfinished,Interior Entry
Interior area
- Total structure area: 5,166
- Total interior livable area: 3,432 sqft
- Finished area above ground: 3,132
Property
Parking
- Parking features: Gravel, Driveway, Off Street, Parking Spaces 5 - 10, Unassigned
- Has uncovered spaces: Yes
Features
- Levels: 3
Lot
- Size: 4,356 sqft
- Features: City Lot, Level, Street Lights
Details
- Zoning description: RG
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Brick/Mortar, Stone
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Fiber Optic Internt Avail, High Speed Intrnt -Avail, Internet - Cable
Community & neighborhood
Location
- Region: Laconia
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$760,500
2% more+ $15,210
With Zillow Showcase(estimated)
$775,710