NOT LISTED FOR SALE

44 Gilford Dr E Gilford, NH 03249

6 Beds
3 Baths
3,996 Sq Ft
2.04 Acre Lot

Sale Details

Date Sold: October 31, 2024

Last sale price $1,000,000 $250 Per Sq Ft

18 Days on Market

Highlights

  • Beach Access
  • Raised Ranch Architecture
  • Zoned Heating
  • 2.04 Acre Lot
  • Circular Driveway
  • Landscaped

About This Home

As of October 2024

Numerous conceivable uses and income potential offered at this well maintained mixed use property. 2 spacious buildings. Plenty of paved parking. 3 residential rental units and 4 office or business spaces. Separate utilities for all units. One 2 car garage. 2 drilled wells. Municipal sewer and natural gas service the property. A nicely landscaped setting with good signage. Close to the Laconia Municipal Airport, Lake Winnipesaukee, Gunstock Mountain and many successful business promoting activity and traffic to this area. All 7 units are rented. Investors will appreciate this fine property and the potential of a very favorable capitalization rate after increasing this property's income to current market values.

Last Agent to Sell the Property

Shawn Bailey

BHHS Verani Belmont Brokerage Phone: 603-785-7392 License #060828 Listed on: 08/27/2024

BHHS Verani Belmont

Last Buyer's Agent

Shawn Bailey

BHHS Verani Belmont Brokerage Phone: 603-785-7392 License #060828 Listed on: 08/27/2024

BHHS Verani Belmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1982

Lot Details

  • 2.04 Acre Lot
  • Landscaped
  • Lot Sloped Up

Parking

  • 2 Car Garage
  • Circular Driveway

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Beach Access

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • 200+ Amp Service
  • Drilled Well
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 200 + 100 / 031

Community Details

Overview

  • 7 Units

Building Details

  • 5 Separate Gas Meters
  • Operating Expense $22,519
  • Gross Income $72,000
  • Net Operating Income $49,481

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 1982

Lot Details

2.04 Acres

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: From Laconia take route 11 east, turn right at Haffner's Gas Station, take first left onto Gilford East Drive. The property is the second on the right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 136.13
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7346
  • Sq Ft - Apx Total Finished: 7346
  • Year Built: 1982
  • List Agent: 6758
  • Display On Internet: High Speed Intrnt -Avail, Internet - Cable
  • Architectural Style: Raised Ranch
  • ResoLotFeatures: Landscaped, Beach Access
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Climate Controlled, Finished, Exterior Access
  • Sq Ft - Apx Finished AG: 3996
  • Sq Ft - Apx Finished BG: 3350

Exterior Features

  • Driveway: Circular, Paved
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Metal, Shingle - Asphalt
  • Easements: Unknown
  • Construction Type: Wood Frame, Stucco Exterior, Wood Siding

Garage/Parking

  • Garage Capacity: 2
  • Parking: Detached, On-Site, Parking Spaces 11 - 20
  • Garage: Yes

Utilities

  • Electric: 200 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Baseboard, Electric, Gas Heater - Vented, Hot Water, Multi Zone
  • Cooling: Wall AC Units
  • Separate Utilities: Yes
  • Total Electric Meters: 8
  • Total Gas Meters: 5
  • Total Heat Units: 6
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 5
  • Trash: Dumpster
  • Utilities: Cable - At Site
  • Water Source: Drilled Well

Lot Info

  • Map: 213
  • Lot: 200 + 100
  • Lot Sq Ft: 88862
  • Lot Acres: 2.04
  • Surveyed: Yes
  • Surveyed By: DMC
  • Zoning: Commercial/Res. Mixed Use
  • Deed Book: 2843 + 3019
  • Deed Page: 0822 +0368
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 72000
  • Net Income: 49481
  • Total Full Baths: 3
  • Total Units: 7
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 9000
  • Tax Year: 2024
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $1,000,000 0.0% $250 / Sq Ft
10/28/2024 10/28/24 Off Market $1,000,000 -- --
09/14/2024 09/14/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $1,200,000 -- $300 / Sq Ft
Source: PrimeMLS

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 5011700

PrimeMLS
Your Personal Tour Guide

Ask me questions while you tour the home.