$1,770,000
SOLD APR 28, 2022

10 Arch St Laconia, NH 03246

-- Bed
15 Baths
8,830 Sq Ft
0.61 Acres

Recently Sold

$200 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • 7 Car Detached Garage
  • Vinyl Plank Flooring
  • Walk-Up Access
  • Zoned Heating
  • High Speed Internet
  • 3-minute walk to Rotary Park

About This Home

As of April 2022

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.

Last Agent to Sell the Property

Jessica Stevenson

Sopris License #072410 Listed on: 01/19/2022

Co-Listed By

Matt Lefebvre

Downtown Realty License #070207

Last Buyer's Agent

Matt Lefebvre

Downtown Realty License #070207

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,242

Year Built

  • Built in 1900

Lot Details

  • 0.61 Acre Lot
  • Lot Sloped Up

Parking

  • 7 Car Detached Garage
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding

Interior Spaces

  • 15 Full Bathrooms
  • 3-Story Property
  • Unfinished Basement
  • Walk-Up Access

Flooring

  • Carpet
  • Vinyl Plank

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 45 / 220

Community Details

Overview

  • 15 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $192,828

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,242

Year Built

Built in 1900

Lot Details

0

Parking

7

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 200.45
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 13840
  • Sq Ft - Apx Total Finished: 8830
  • Year Built: 1900
  • Remarks Public: 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.
  • List Agent: 281160
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Vinyl Plank
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 8830
  • Sq Ft - Apx Unfinished AG: 1860
  • Sq Ft - Apx Unfinished BG: 3150

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard, Vinyl Siding
  • Foundation: Fieldstone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown

Garage/Parking

  • Garage Capacity: 7
  • Parking: Garage, Off Street, Parking Spaces 11 - 20, Paved
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - Natural
  • Heating: Multi Zone
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 15
  • Total Refrigerators: 15
  • Total Water Heaters: 2
  • Utilities: High Speed Intrnt -Avail

Schools

  • School District: Laconia Sch Dst SAU #30

Lot Info

  • Map: 432
  • Lot: 45
  • Lot Sq Ft: 26572
  • Lot Acres: 0.61
  • Lot Description: City Lot
  • Surveyed: Yes
  • Surveyed By: Building Lot is Surveyed
  • Zoning: UC
  • Deed Book: 3300
  • Deed Page: 480
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 192828
  • Total Full Baths: 15
  • Total Units: 15
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 14

Tax Info

  • Tax Gross Amount: 13242
  • Tax Year: 2020

MLS Schools

  • School District: Laconia Sch Dst SAU #30

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 For Sale $1,950,000 0.0% $215 / Sq Ft
04/12/2025 04/12/25 Off Market $1,950,000 -- --
04/12/2025 04/12/25 For Sale $1,950,000 0.0% $215 / Sq Ft
02/13/2025 02/13/25 Off Market $1,950,000 -- --
02/02/2025 02/02/25 For Sale $1,950,000 +10.2% $215 / Sq Ft
04/28/2022 04/28/22 Sold $1,770,000 -1.4% $200 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $1,795,000 -- $203 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4895682

PrimeMLS

APN: LACO M:432 B:7 L:40