$475,000
UNDER CONTRACT

106 Messer St Laconia, NH 03246

Estimated payment $3,026/month

Total Views 5,255
6 Beds
3 Baths
2,419 Sq Ft
$196 Price per Sq Ft

Highlights

  • Beach Access
  • Vinyl Plank Flooring
  • Trails
  • Greek Revival Architecture
  • Forced Air Heating System
  • Level Lot

About This Home

This 3 unit apartment building near Lake Opechee is making it's debut being listed publicly for the first time. There is one (3) bedroom units on the first floor, one (2) bedroom unit on the 2nd floor, and one (1) bedroom unit on the 3rd floor, all fully renovated in 2019 and also fully rented with one-year leases. Coin-op laundry in common area hallway. Basement for use by owner's only. Parking for 2 cars per unit. Spacious grassy yard outback can be enjoyed by tenants, or may be used to maximize density up to 4 additional units per zoning with special exception in Urban Commercial Zoning(Buyer's and agents to do their own due diligence) Updates include: New furnace, full reno & appliances on Unit 1; Partial reno & new appliances in Unit 2; Full Reno & new appliances/furnace Unit 3. New electrical services all units 100 amp each, rebuilt front deck, updated electrical & water added for coin-op washer & dryer hook-up, and more. Centrally located less than half a mile to Downtown Laconia, less than a mile to Vista Foods (Grocery) and Route 3/ Union Ave & close to K-12 schools makes it a short commute to great businesses near by, as well as the hospital and Opechee Park & boat ramp. Additional photos of units empty available upon request.Limited parking ask agent for details. Schedule your showing today! Sold As-Is. Also listed from owners portfolio, please see listing #5033320. Agent Interest & Related to Seller. Ask agent for details.

Listing Agent

Crystal Bullerwell

KW Coastal and Lakes & Mountains Realty/Meredith

KW Coastal and Lakes & Mountains Realty/Meredith

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,715

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Parking

  • Dirt Driveway

Home Design

  • Greek Revival Architecture
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Beach Access
  • Access To Lake

Schools

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

Utilities

  • Forced Air Heating System
  • Underground Utilities

Listing and Financial Details

  • Legal Lot and Block 45 / 158
  • Assessor Parcel Number 412

Community Details

Overview

  • 3 Units

Recreation

  • Trails

Building Details

  • 3 Leased Units
  • Gross Income $49,315
  • Net Operating Income $32,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,715

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Use GPS. Parking in parking lot only.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Architectural Style: Apartment Building, Greek Revival, Multi-Family, Tri-Level
  • Road Frontage Type: Paved, Public, Public Maintained Road
  • MLS Status: (31) Under Contract - Active Under Contract
  • Above Grade Finished Sq Ft: 2419.0
  • Unit Levels: 3
  • Special Features: 4224
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater – Gas
  • Total Bedrooms: 6
  • Flooring: Vinyl Plank
  • Basement: Bulkhead, Crawl Space, Full, No Tenant Access, Exterior Entry, Stairs - Basement
  • Basement YN: Yes

Exterior Features

  • Driveway: Dirt
  • Exterior Features: Porch
  • Roof: Metal, Shingle - Asphalt
  • Easements: No
  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Foundation Details: Granite

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Parking Spaces 6+

Utilities

  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Monitor Type
  • Cooling: None
  • Trash: Cans, Municipal
  • Utilities: Cable Available, Gas - Underground, Phone Available
  • Water Source: Public

Schools

  • Elementary School: Pleasant Street Elementary Sch
  • High School: Laconia High School
  • Middle Or Junior School: Laconia Middle School

Lot Info

  • Surveyed: Unknown
  • Zoning: Urban Commercial
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246.0

Multi Family

  • Gross Income: 49315.0
  • Number Of Units Total: 3
  • Net Operating Income: 32366.0
  • Number Of Units Leased: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4715.0
  • Tax Block: 158
  • Tax Lot: 45
  • Tax Map Number: 412

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,715 $345,900 $124,600 $221,300
2023 $4,433 $318,700 $114,100 $204,600
2022 $3,738 $251,700 $96,800 $154,900
2021 $3,676 $194,900 $64,000 $130,900
2020 $3,435 $174,200 $54,500 $119,700
2019 $3,191 $155,000 $49,800 $105,200
2018 $3,215 $154,200 $48,400 $105,800
2017 $3,054 $145,200 $47,400 $97,800
2016 $3,048 $137,300 $47,400 $89,900
2015 $2,817 $126,900 $49,900 $77,000
2014 $2,838 $126,700 $49,700 $77,000
2013 $2,740 $124,100 $47,100 $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $475,000 -- $196 / Sq Ft
Source: PrimeMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $140,000 --
Foreclosure Deed $140,000 --
Foreclosure Deed $140,000 --
Warranty Deed $136,300 --
Warranty Deed $136,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 Stand Alone Refi Refinance Of Original Loan
Closed $126,000 New Conventional
Source: Public Records

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Source: PrimeMLS

MLS Number: 5033319

PrimeMLS

APN: LACO-000412-000158-000045