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$385,000
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Property Description
Secure your foothold in the Lakes Region rental market with this 2-unit duplex at 32 Summer Street in Laconia, New Hampshire. This 4-bedroom, 2-bathroom multi-family property with approximately 2,088 square feet is ideal for 1031 exchange buyers, house hacking strategies, and portfolio builders seeking cash flow in the New Hampshire investment market. The second-floor unit delivers immediate rental income with fully renovated interiors including new flooring, modern fixtures, and contemporary finishes that attract quality tenants and command top-of-market rents. The ground-floor unit features an open-concept layout and represents a high-return value-add opportunity requiring only cosmetic updates-flooring and paint-to maximize rental income and build instant equity. This duplex is built for low landlord overhead with separate utilities for each unit, minimizing operating expenses and simplifying property management. Located in walkable downtown Laconia within minutes of Lake Winnipesaukee, the property benefits from strong year-round rental demand driven by proximity to shops, restaurants, employers, and outdoor recreation. Laconia residents receive exclusive access to Bond Beach, a private town beach that serves as a major tenant attraction and reduces vacancy risk. Priced to deliver immediate cash flow with minimal capital expenditure required, this property offers a proven path to rental income, forced appreciation, and long-term wealth building in New Hampshire's Lakes.
Full Property Details
Full Property Details for 32 Summer St
General
- Sold For: $385,000
- Taxes: $4,087 (2024)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5061673
- Added to Site: 167 day(s) ago
Rental Information
- Lease Terms: Unit1=Other, Unit2=Annual,
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Belknap
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Baseboard
Utilities
- Sewer: Public
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Concrete Floor
- Roof: Metal
- Stories/Levels: 3
- Finished Total: 2,088 Sq. Ft.
- Finished Above Grnd: 2,088 Sq. Ft.
- Year Built: 1880
Unit Information
- 2 Bedroom Units: 2
Unit 1
- Square Feet: 1372
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Frontage: Yes Road Frontage
- Frontage Feet: 70
- Driveway/Sidewalk: Concrete
- Zoning: RG
Financial Considerations
- Price Per Sq. Ft.: $184.34
- Tax Amount: $4,087
- Tax Year: 2024
Disclosures and Reports
- Block: 211
- Lot Number: 82
Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro, Adam Dow
Sold by Four Seasons Sotheby's Int'l Realty, Sarah. Matta
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Schools
Schools serving 32 Summer St
School District:Laconia School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 32 Summer St
Date
Details
Price
Change
Source
2/03/2026
Sold
$385,000
0.03%
MLS
12/15/2025
Price Reduced
$384,900
-1.28%
MLS
9/17/2025
Listed
$389,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
32 Summer Street, Laconia, NH 03246 (MLS# 5061673) is a Multi-Family property that was sold at $385,000 on February 03, 2026. Want to learn more about 32 Summer 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.

