$310,000
SOLD MAY 23, 2018

3-7 Riverside Ct Laconia, NH 03246

11 Beds
6 Baths
4,761 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$65 Per Sq Ft

9% Below List Price

4 Days on Market

Highlights

  • Water Access
  • Wood Flooring
  • Handicap Modified
  • Colonial Architecture
  • Corner Lot
  • 5-minute walk to Laconia Parks & Rec Maintenance

About This Home

As of May 2025

Laconia, NH 03246 - Excellent in-town income property includes 4 - 2 bedroom units and a single family home with 3 bedrooms, 2 baths and nice period features including tin ceilings. Convenient location allows tenants to walk to downtown shopping, schools and the nearby beach. Little maintenance required with good income flow. Both roofs recently replaced, most smoke and heat sensors were replaced within the last two years. Separate utilities with tenants paying heat, hot water and electric. Sprinkler system, coin-op washer and dryer. Owner pays electric for common areas.

Last Agent to Sell the Property

Robert Gunter

RE/MAX Innovative Bayside License #007581 Listed on: 04/01/2018

RE/MAX Innovative Bayside

Last Buyer's Agent

Robert Gunter

RE/MAX Innovative Bayside License #007581 Listed on: 04/01/2018

RE/MAX Innovative Bayside

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,916

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 6 Full Bathrooms
  • 4,761 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Basement

  • Walk-Up Access
  • Connecting Stairway

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • On-Site Parking
  • Deeded Parking

Accessible Home Design

  • Handicap Modified

Outdoor Features

  • Water Access
  • Municipal Residents Have Water Access Only

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 76 / 190
  • 22% Total Tax Rate

Community Details

Overview

  • 5 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $20,850
  • Gross Income $48,710
  • Net Operating Income $27,860

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,916

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Colonial, New Englander
  • Directions: Main Street to Church Street. Turn left on Riverside Court. Property on the right.
  • Flood Zone: Unknown
  • Assessment Amount: 266500
  • Assessment Year: 2017
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 65.11
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4761
  • Sq Ft - Apx Total Finished: 4761
  • Year Built: 1900
  • Remarks Public: Laconia, NH 03246 - Excellent in-town income property includes 4 - 2 bedroom units and a single family home with 3 bedrooms, 2 baths and nice period features including tin ceilings. Convenient location allows tenants to walk to downtown shopping, schools and the nearby beach. Little maintenance required with good income flow. Both roofs recently replaced, most smoke and heat sensors were replaced within the last two years. Separate utilities with tenants paying heat, hot water and electric. Sprinkler system, coin-op washer and dryer. Owner pays electric for common areas.
  • List Agent: 9235
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Stairs - Exterior, Stairs - Interior
  • Sq Ft - Apx Finished AG: 4761

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Brick, Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Handicap Modified
  • Water Body Access: Town Residents Only
  • Water Body Name: Opechee, Winnisquam
  • Water Body Type: Lake
  • Water Access Details: Municipal Residents Only
  • Water Body Access 2: Yes

Garage/Parking

  • Parking: Deeded, Driveway, On-Site, On Street, Parking Spaces 6+

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Electric, Gas - Natural, Oil
  • Heating: Electric, Hot Air
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Gas Meters: 1
  • Total Heat Units: 5
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Total Water Heaters: 5
  • Trash: Municipal
  • Utilities: Cable - Available

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: 425
  • Lot: 76
  • Lot Sq Ft: 9148
  • Lot Acres: 0.21
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: DRD
  • Deed Book: 2497
  • Deed Page: 0715
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 48710
  • Net Income: 27860
  • Sale Includes: Land/Building
  • Total Full Baths: 6
  • Total Units: 5
  • Total2 Bedroom Units: 4
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Rate: 22.2
  • Tax Gross Amount: 5916.3
  • 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
05/09/2025 05/09/25 Sold $400,000 +29.0% $120 / Sq Ft
05/23/2018 05/23/18 Sold $310,000 -8.6% $65 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $339,000 -- $71 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kat Johnson

    KW Coastal and Lakes & Mountains Realty/Meredith

    (603) 387-8888

    14 in this area

    23 Total Sales

    Kat Johnson
    Section Image
  • Reuben Bassett

    Seller Co-Listing Agent in 2025

    Reuben Bassett

    KW Coastal and Lakes & Mountains Realty/Meredith

    (937) 532-9636

    25 in this area

    39 Total Sales

    Reuben Bassett
    Section Image
  • Robert Gunter

    Seller's Agent in 2018

    Robert Gunter

    RE/MAX Innovative Bayside

    (603) 387-8664

    24 in this area

    65 Total Sales

    Robert Gunter
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4683564

PrimeMLS

APN: LACO M:425 B:190 L:76

New Hampshire Belknap County Laconia 03246

3-7 Riverside Ct, Laconia, NH

This home is located at 3-7 Riverside Ct, Laconia, NH 03246 and is currently priced at $310,000, approximately $65 per square foot. This property was built in 1900. 3-7 Riverside Ct 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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PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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