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377 Union Avenue, Laconia, NH 03246

$950,000

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  • For Sale
  • Active
  • Multi-Family
  • 11 Units
  • 0.14 Acres

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377 Union Avenue, Laconia, NH 03246View this property at 377 Union Avenue, Laconia, NH 03246
377 Union AvenueLaconiaNH03246
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Property Description
Investors take note, income producing 11 unit mixed residential/commercial building situated between the Downtown Commercial District and Lakeport Square. The property currently consists of 10 residential units, with 11 bedrooms, 10 bathrooms and an updated commercial suite with frontage on highly traveled Union Avenue. The current owner has completed many upgrades, both inside and out. Strong rental history, 8 of the residential units are currently leased. A total renovation of one of the 2 bedroom units has just been completed and another is underway, with replacement tenants in place. Situated within walking distance of shops, grocery stores, pharmacies, restaurants, medical facilities, and schools. Do not miss out on the exciting revitalization of Downtown Laconia and Lakeport Square. Additional photographs of other units, and utilities are available upon request. City water/sewer and solar panels. Welcome to 377 Union Avenue!

Full Property Details for 377 Union Ave

General

  • Price: $950,000
  • Taxes: $4,679 (2020)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 4853718
  • Updated: 4/2/2021
  • Added: 17 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • 3/4 Bathrooms: 4

Exterior

  • Color: Green

Location

  • County: Belknap
  • Neighborhood: In Town, Near Country Club, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails
  • Condo Project Name: Monthly
  • Driving Directions: Union Avenue north past Laconia High School. Property on the right.

School Information

  • School District: Laconia Sch Dst SAU #30

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water
  • Heating Fuel: Gas - Natural
  • Furnaces: 1
  • Water Heater: Gas - Natural
  • Water Heaters: 2

Utilities

  • Sewer: Public
  • Water: Public
  • # Gas Meters: 1
  • # Electric Meters: 3

Structural Information

  • Architectural Style: Multi-Family
  • Construction Status: Existing
  • Construction: Wood Frame
  • Exterior Const.: Asphalt
  • Basement: Yes
  • Basement Entrance: Walkout
  • Basement Desc.: Apartments, Partially Finished
  • Roof: Shingle - Architectural
  • Stories/Levels: 2.5
  • Finished Total: 6,876 Sq. Ft.
  • Finished Above Grnd: 5,364 Sq. Ft.
  • Finished Below Grnd: 1,512 Sq. Ft.
  • Year Built: 1880

Unit Information

  • 1 Bedroom Units: 8
  • 2 Bedroom Units: 2
  • Units w/Refrigerators: 10
  • Units w/Range/Oven: 10

Unit 1

  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Studio
  • Level: 3
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Unit Description: 1 Bedroom
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Unit Description: 1 Bedroom
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Unit Description: 1 Bedroom
  • Includes/Amenities: Cooktop - Gas, Heat - Natural Gas, Heat Included, Range - Gas, Refrigerator
  • Bedrooms: 1

Unit 6

  • Unit Description: 1 Bedroom
  • Bedrooms: 1

Unit 7

  • Total Rooms: 4
  • Unit Description: 1 Bedroom
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Rooms: 4
  • Unit Description: 1 Bedroom
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Frontage: Yes Road Frontage
  • Frontage Feet: 161
  • Street/Road Desc.: Public
  • Driveway/Sidewalk: Other
  • Zoning: UC
  • Lot Description: City Lot, Corner, Level, Sidewalks, Street Lights

Financial Considerations

  • Price Per Sq. Ft.: $177.11
  • Assessment Year: 2020
  • Tax Amount: $4,679.56
  • Tax Year: 2020

Disclosures and Reports

  • Documents Avail.: Deed, Property Disclosure, Tax Map
  • Block: 220
  • Lot Number: 55

Listed by RE/MAX Bayside, Chris Adams

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Listed by RE/MAX Bayside, Chris Adams

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools

Schools serving 377 Union Ave

School District:Laconia School District
Rating
Name
Grades
Distance
3
Laconia Middle School
150 McGrath St, Laconia, NH 03246
6-8
0.5 mi
2
Laconia High School
345 Union Ave, Laconia, NH 03246
9-12
0.1 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

Price & Sales History for 377 Union Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2021
Listed
$950,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History

Tax History for 377 Union Ave

Year
Property Taxes
Change
Tax Assessment
Change
2018
$4,376
6%
$209,900
7%
2017
$4,132
1%
$196,500
7%
2016
$4,083
-18%
$183,900
-18%
2015
$4,966
2%
$223,700
1%
2013
$4,891
4%
$221,500
-1%
2012
$4,691
-13%
$223,400
-14%
2011
$5,368
-9%
$261,100
-20%
2010
$5,890
—
$326,500
—
2009
$5,890
—
$326,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 377 Union Ave

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Listed by RE/MAX Bayside, Chris Adams

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Price Reduced near 377 Union Ave

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-$25,000 (-4%)
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Recent Sales near 377 Union Ave

180 Cotton Hill Rd - Photo 1 $Sold
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    Sq. Ft.
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Sold by Judy McShane
66 School House Hill Rd - Photo 1 $Sold
$900,000
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377 Union Avenue, Laconia, NH 03246 (MLS# 4853718) is a Multi-Family property with 11 units containing 0 bedrooms and 0 full bathrooms. 377 Union Avenue is currently listed for $950,000 and was received on April 02, 2021. Want to learn more about 377 Union Avenue? 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.

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