NOT LISTED FOR SALE

148 Union Ave Laconia, NH 03246

15 Beds
7 Baths
12,992 Sq Ft
0.34 Acres

Last Sold April 07, 2017

Last sale price $1,070,000 $82 Per Sq Ft

254 Days on Market

Highlights

  • Softwood Flooring
  • Hot Water Heating System
  • 4-minute walk to Rotary Park
  • 3 Car Detached Garage
  • Wood Siding

About This Home

As of April 2017

**Investors take notice. Solid property with over 11%+/- (actual) CAP Rate** This is a 3 building portfolio is comprised of 2 multi family buildings housing 22 units and one single family residential home with bonus parking income. With over $200,000+ of gross income this great property is located just up the hill from the Winnipesaukee River and walking distance to downtown River District (DRD). Property has been well maintained with many upgrades such as new flooring throughout, new kitchen cabinets and appliances, new baseboards/radiators and fresh paint.

Last Agent to Sell the Property

Deana Arden

NAI Norwood Group License #069047 Listed on: 06/20/2016

NAI Norwood Group

Last Buyer's Agent

John Valyo

Central Falls Realty License #049664

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,946

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Lot Sloped Up

Parking

  • 3 Car Detached Garage
  • On-Street Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement
  • Interior Basement Entry

Flooring

  • Softwood
  • Carpet
  • Vinyl

Schools

  • Laconia High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 22 Units

Listing and Financial Details

  • Legal Lot and Block 40 / 220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,946

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Status Detail: Closed
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 82.36
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 15992
  • Sq Ft - Apx Total Finished: 12992
  • Year Built: 1900
  • Remarks Public: **Investors take notice. Solid property with over 11%+/- (actual) CAP Rate** This is a 3 building portfolio is comprised of 2 multi family buildings housing 22 units and one single family residential home with bonus parking income. With over $200,000+ of gross income this great property is located just up the hill from the Winnipesaukee River and walking distance to downtown River District (DRD). Property has been well maintained with many upgrades such as new flooring throughout, new kitchen cabinets and appliances, new baseboards/radiators and fresh paint.
  • List Agent: 12077
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Softwood, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partially Finished
  • Sq Ft - Apx Finished AG: 12992
  • Sq Ft - Apx Unfinished BG: 3000

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl, Wood
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 3
  • Parking: On-Site, On Street, Parking Spaces 6+
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Cooling: Wall AC Units
  • Total Ranges: 22
  • Total Refrigerators: 22
  • Utilities: Cable

Schools

  • High School: Laconia High School
  • High School: Laconia High School

Lot Info

  • Map: 432
  • Lot: 40
  • Lot Sq Ft: 14810
  • Lot Acres: 0.34
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: DRD
  • Deed Book: 2892
  • Deed Page: 0575
  • Deed Recorded Type: Quit Claim

Multi Family

  • Total Units: 22
  • Total2 Bedroom Units: 20
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 11946
  • Tax Year: 2015

Range of Values:

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List Price
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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
04/07/2017 04/07/17 Sold $1,070,000 +11.9% $82 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
06/20/2016 06/20/16 For Sale $956,400 -- $74 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Deana Arden

    Seller's Agent in 2017

    Deana Arden

    NAI Norwood Group

    (603) 845-2247

    25 Total Sales

    Deana Arden
    Section Image

  • J

    Buyer's Agent in 2017

    John Valyo

    Central Falls Realty

    (603) 512-0946

    John Valyo
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4499557

PrimeMLS

New Hampshire Belknap County Laconia 03246

148 Union Ave, Laconia, NH

This home is located at 148 Union Ave, Laconia, NH 03246 since 20 June 2016. This property was built in 1900. 148 Union Ave is a home located in Belknap County with nearby schools including Laconia Middle School, Laconia High School, and Holy Trinity Catholic School.

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