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10 Arch Street, Laconia, NH 03246
$1,770,000
10 Arch Street, Laconia, NH 03246View this property at 10 Arch Street, Laconia, NH 03246
10 Arch StreetLaconiaNH03246
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Property Description
Have you been searching for as many units as possible under one roof? How about a unique opportunity to build new construction? Maybe some self-storage? Look no further! Located at the intersection of Arch Street and Union Avenue in Laconia, near the heart of downtown, sits this unpretentious beauty consistingof 14 apartments. Several of the units have been recently updated to feature new carpet, vinyl flooring, and/or updated kitchens and bathrooms. Utilities are included inthe rent, and you'll be pleased to find a gleaming on-demand forced hot water system in the basement as well as updated a superstore hot water tank and circuit breakerpanels. Value-add abounds with not only basement space ready to include coin-op laundry but also a detached SEVEN bay garage/storage building (six standard garagesize and one oversized bay) for even more income opportunity. Across the street, you'll find a single family home that houses long-term tenants and sits on a beautifullypaved lot with parking for everyone! If that's STILL not enough opportunity, maybe the buildable lot on Union Ave will entice you. With conceptual plans and surveyingcompleted for an additional EIGHT units, this complete package is sure to provide opportunities for years to come. Schedule your showing today. 48-hour minimum noticerequired please, as building is occupied.
Full Property Details
Full Property Details for 10 Arch St
General
- Sold For: $1,770,000
- Taxes: $13,242 (2020)
- Status: Closed
- Type: Multi-Family
- MLS ID: 4895682
- Added to Site: 843 day(s) ago
Interior
- Flooring: Carpet, Vinyl Plank
Exterior
- Color: Cashflow
Parking
- Garage: Yes
- Garage Spaces: 7
- Parking: Garage, Off Street, Parking Spaces 11 - 20, Paved
Location
- County: Belknap
School Information
- School District: Laconia Sch Dst SAU #30
Heating & Cooling
- Cooling Type: None
- Heating Type: Multi Zone
- Heating Fuel: Gas - Natural
- Furnaces: 2
- Water Heater: Off Boiler
- Water Heaters: 2
Utilities
- Sewer: Public
- Water: Public
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Apartment Building
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Clapboard, Vinyl Siding
- Basement: Yes
- Basement Entrance: Walk-up
- Basement Desc.: Unfinished
- Roof: Shingle - Asphalt
- Stories/Levels: 3
- Finished Total: 8,830 Sq. Ft.
- Finished Above Grnd: 8,830 Sq. Ft.
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 14
- Units w/Refrigerators: 15
- Units w/Range/Oven: 15
Lot Features
- Lot Size (Acres): 0.61
- Lot Size (Sq. Ft.): 26,572
- Frontage: TBD
- Street/Road Desc.: Public
- Driveway/Sidewalk: Paved
- Zoning: UC
- Lot Description: City Lot
Financial Considerations
- Price Per Sq. Ft.: $203.28
- Tax Amount: $13,242
- Tax Year: 2020
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Surveyed: Yes
- Block: 220
- Lot Number: 45
Listed by Downtown Realty, Jessica A Stevenson and Matthew Lefebvre
Sold by Downtown Realty, Matthew. Lefebvre
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Schools
Schools serving 10 Arch St
School District:Laconia School District
Rating | Name | Grades | Distance |
---|---|---|---|
150 McGrath St, Laconia, NH 03246 | 6-8 | 0.6 mi | |
345 Union Ave, Laconia, NH 03246 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10 Arch St
Date
Details
Price
Change
Source
4/28/2022
Sold
$1,770,000
-1.39%
MLS
1/19/2022
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10 Arch Street, Laconia, NH 03246 (MLS# 4895682) is a Multi-Family property that was sold at $1,770,000 on April 28, 2022. Want to learn more about 10 Arch Street? Do you have questions about finding other Multi-Family real estate for sale in Laconia? You can browse all Laconia real estate or contact a Coldwell Banker agent to request more information.