$230,000
SOLD AUG 23, 2018

23 Appleton St Laconia, NH 03246

6 Beds
4 Baths
2,664 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

4% Below List Price

11 Days on Market

Highlights

  • Lake View
  • 2 Car Garage
  • Carpet
  • Hot Water Heating System
  • Level Lot

About This Home

As of February 2023

Investors take notice! Great income producing four unit, located in a quiet Lakeport neighborhood, just steps from Paugus Bay. Property generates approximately $40,000 in income. Tenants have occupied their units, between 3-8 years. Unit 1, located on the first level, offers two bedrooms, two bathrooms, nice sized eat-in kitchen, bright living room, with a screened in deck. Unit 3, located on the second level, offers two bedrooms, one bathroom, a spacious living room, large kitchen, laundry room, and deck. Two basement units, 2A & 2B, offer one bedroom, and one bathroom each, with ample living space. Large attached barn, provides plenty of storage space. Two driveways, on either side of the building, provide plenty of parking. Great size, grassy back yard, provides additional space for tenants to enjoy. Close to Shopping, restaurants, Weirs Beach, Gunstock Resort, and many other Lakes Region attractions. Welcome to 23 Appleton Street! Showings to commence on Saturday, June 23rd.

Last Agent to Sell the Property

Christopher Adams

RE/MAX Innovative Bayside Listed on: 06/18/2018

RE/MAX Innovative Bayside

Last Buyer's Agent

Christopher Adams

RE/MAX Innovative Bayside Listed on: 06/18/2018

RE/MAX Innovative Bayside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,302

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Lake Views

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Apartment Living Space in Basement

Schools

  • Elm Street Elementary School
  • Laconia Middle School
  • Laconia High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service

Listing and Financial Details

  • Legal Lot and Block 26 / 6
  • 21% Total Tax Rate

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $13,846
  • Gross Income $39,420
  • Net Operating Income $25,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,302

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Union Ave to Elm Street. Turn right on Jefferson Street, right on Sheridan Street, then left on Appleton Street. Property on the right.
  • Assessment Amount: 157000
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 129.5
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2664
  • Sq Ft - Apx Total Finished: 2664
  • Property Type: Multi-Family
  • Year Built: 1920
  • Remarks Public: Investors take notice! Great income producing four unit, located in a quiet Lakeport neighborhood, just steps from Paugus Bay. Property generates approximately $40,000 in income. Tenants have occupied their units, between 3-8 years. Unit 1, located on the first level, offers two bedrooms, two bathrooms, nice sized eat-in kitchen, bright living room, with a screened in deck. Unit 3, located on the second level, offers two bedrooms, one bathroom, a spacious living room, large kitchen, laundry room, and deck. Two basement units, 2A & 2B, offer one bedroom, and one bathroom each, with ample living space. Large attached barn, provides plenty of storage space. Two driveways, on either side of the building, provide plenty of parking. Great size, grassy back yard, provides additional space for tenants to enjoy. Close to Shopping, restaurants, Weirs Beach, Gunstock Resort, and many other Lakes Region attractions. Welcome to 23 Appleton Street! Showings to commence on Saturday, June 23rd.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Apartments, Stairs - Interior, Unfinished
  • Sq Ft - Apx Finished AG: 1776
  • Sq Ft - Apx Finished BG: 888

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Architectural
  • Water Body Type: Lake
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway
  • Garage: Yes

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public Sewer On-Site
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Ranges: 4
  • Total Refrigerators: 4

Schools

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

Lot Info

  • Map: 328
  • Lot: 26
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: City Lot, Lake View, Level, Water View
  • Surveyed: Unknown
  • Zoning: RG
  • Deed Book: 2516
  • Deed Page: 0701
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 39420
  • Net Income: 25574
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Rate: 21.03
  • Tax Gross Amount: 3302
  • Tax Year: 2017

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
02/15/2023 02/15/23 Sold $358,000 +5.6% $132 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/31/2022 12/31/22 Price Changed $339,000 -2.9% $125 / Sq Ft
12/08/2022 12/08/22 For Sale $349,000 +16.3% $129 / Sq Ft
06/08/2021 06/08/21 Sold $300,000 +3.4% $113 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $290,000 +26.1% $109 / Sq Ft
08/23/2018 08/23/18 Sold $230,000 -3.8% $86 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $239,000 -- $90 / 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: 4701314

PrimeMLS