NOT LISTED FOR SALE

102 Fair St Unit 102 A ,102 B , 104 Laconia, NH 03246

7 Beds
3 Baths
2,924 Sq Ft
9,583 Sq Ft Lot

Last Sold June 03, 2021

Last sale price $285,000 $97 Per Sq Ft

8 Days on Market

Highlights

  • Beach Access
  • New Englander Architecture
  • Hiking Trails
  • Barn
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of June 2021

Laconia , NH. 3 Family Home with attached oversized garage and storage area. The garage is currently being leased out on a monthly basis. The units are all currently leased with 1 to 3 years tenancy. Property consists of two 3 bedroom apartments and one 1 bedroom apartment. All units have 1 full bath each. The location has some great benefits. If you enjoy the Lake there is a marina next door. New valet boat service coming soon. If walking or riding is your thing The WOW trail is close by. Stroll to Downtown Laconia to enjoy fine restaurants, unique shops , and much much more. Investors return is at an 8% cap. Looking for a Home or just starting out? Live in 1 unit and rent the others out. Out of pocket cost per month, very affordable. Owner occupied financing easily obtainable. Delayed showings until 5/8/2021. Open House on Saturday 5/8 from 11 to 1. Interior Photos coming soon. Agents are welcome to send your clients.

Last Agent to Sell the Property

Randy Annis

RE/MAX Innovative Bayside License #046752 Listed on: 05/04/2021

RE/MAX Innovative Bayside

Last Buyer's Agent

Isabel Alvarez

Century 21 Cardinal License #074314

Century 21 Cardinal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Leased Parking
  • Stone Driveway
  • Gravel Driveway
  • Shared Driveway
  • Unpaved Parking
  • Off-Street Parking

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Basement

  • Connecting Stairway
  • Interior Basement Entry

Outdoor Features

  • Beach Access
  • Access To Lake
  • River Nearby
  • Municipal Residents Have Water Access Only

Schools

  • Pleasant Street Elementary Sch
  • Laconia Middle School
  • Laconia High School

Farming

  • Barn

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Controls for Heating
  • Separate Water Meter
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 56 / 74
  • 20% Total Tax Rate

Community Details

Overview

  • 3 Units

Recreation

  • Hiking Trails

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $17,005
  • Gross Income $40,800
  • Net Operating Income $23,795

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,869

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Multi-Level, New Englander
  • Directions: Corner of Fair St. and Charles St.
  • Footprint: irregular
  • Assessment Amount: 196200
  • Assessment Year: 2020
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 97.47
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5673
  • Sq Ft - Apx Total Finished: 2924
  • Property Type: Multi-Family
  • Year Built: 1900
  • Remarks Public: Laconia , NH. 3 Family Home with attached oversized garage and storage area. The garage is currently being leased out on a monthly basis. The units are all currently leased with 1 to 3 years tenancy. Property consists of two 3 bedroom apartments and one 1 bedroom apartment. All units have 1 full bath each. The location has some great benefits. If you enjoy the Lake there is a marina next door. New valet boat service coming soon. If walking or riding is your thing The WOW trail is close by. Stroll to Downtown Laconia to enjoy fine restaurants, unique shops , and much much more. Investors return is at an 8% cap. Looking for a Home or just starting out? Live in 1 unit and rent the others out. Out of pocket cost per month, very affordable. Owner occupied financing easily obtainable. Delayed showings until 5/8/2021. Open House on Saturday 5/8 from 11 to 1. Interior Photos coming soon. Agents are welcome to send your clients.
  • L A1 M M S I Memberkey: 11960
  • List Agent: 9247
  • L O1 M M S I Officekey: 70439
  • S A1 M M S I Memberkey: 620212
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 69821
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 12
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Stairs - Exterior, Stairs - Interior, Stairs - Basement
  • Sq Ft - Apx Finished AG: 2924
  • Sq Ft - Apx Unfinished AG: 1888
  • Sq Ft - Apx Unfinished BG: 861

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Crushed Stone, Gravel, Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete, Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Barn, Beach Access
  • Water Body Type: Lake
  • Water Restrictions: Unknown
  • Water Access Details: Beach Access, Municipal Residents Only
  • Water Body Name 2: Winnisquam Lake
  • Water Body Access 2: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Off Street, On-Site, Parking Spaces 6+, Paved, Unpaved
  • Garage: Yes
  • Garage Description: Leased
  • Garage Type: Attached

Utilities

  • Cable Company: Broadband
  • Electric: Circuit Breaker(s)
  • Fuel Company: Liberty Gas
  • Sewer: Public
  • Water: Metered, Public
  • Water Heater: Gas - Natural, Off Boiler
  • Heating Fuel: Gas - Natural
  • Heating: Gas Heater, Individual
  • Electric Company: Eversource
  • Phone Company: Broadband
  • Separate Utilities: Yes
  • Total Electric Meters: 3
  • Total Gas Meters: 3
  • Total Heat Units: 3
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Trash: Curbside, Municipal, Recycle, Tenant
  • Utilities: Cable - Available, Dsl - Available, High Speed Intrnt -Avail, Internet - Cable

Condo/Co-op/Association

  • Management Company: Owner

Schools

  • School District: Laconia Sch Dst SAU #30
  • Elementary School: Pleasant Street Elementary Sch
  • Middle School: Laconia Middle School
  • High School: Laconia High School
  • Elementary School: Pleasant Street Elementary Sch
  • High School: Laconia High School

Lot Info

  • Map: 40
  • Lot: 56
  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Lot Description: City Lot, Corner, Lake Access, Landscaped, Level, Neighbor Business, River, Sidewalks, Street Lights, Walking Trails, Beach Access
  • Surveyed: Yes
  • Surveyed By: City of Laconia
  • Zoning: Urban Commercial - UC
  • Deed Book: 2845
  • Deed Page: 941
  • Deed Recorded Type: Warranty
  • Unit/Lot Number: 102 A ,102 B , 104

Multi Family

  • Gross Income: 40800
  • Net Income: 23795
  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Rate: 19.72
  • Tax Gross Amount: 3869
  • Tax Year: 2020

MLS Schools

  • School District: Laconia Sch Dst SAU #30
  • School Middle Jr: Laconia Middle School

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
06/03/2021 06/03/21 Sold $285,000 -1.7% $97 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $289,900 -- $99 / 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: 4858952

PrimeMLS