NOT LISTED FOR SALE

631 Union Ave Laconia, NH 03246

17 Beds
9 Baths
8,788 Sq Ft
0.35 Acres

Last Sold March 11, 2016

Last sale price $375,000 $43 Per Sq Ft

229 Days on Market

About This Home

As of March 2016

Laconia, NH - INVESTMENT POSSIBILITIES! These 3 income properties are offered together, totaling 9 residential units. Located at 631 - 633 Union Avenue and 639 Union Avenue on 2 lots of record in a central location to shopping, schools, play grounds, beaches and all amenities. The property is fully occupied and provides great cash flow for a new owner. Two of the buildings have new steel roofs and vinyl siding. Ample on-site parking and a coin-operated laundry located in 639 Union Avenue. 631 Union Ave is 5,280+- sq.ft., 633 Union Ave contains 2,122 sq.ft. and 639 Union Ave has 1,386 sq.ft. Four - 2 bedroom units, three - 3 bedroom units and two - 1 bedroom units. Heat, hot water and electric are included in rents.

Last Agent to Sell the Property

Robert Gunter

RE/MAX Innovative Bayside License #007581 Listed on: 05/20/2015

RE/MAX Innovative Bayside

Last Buyer's Agent

Tom Roche

Keller Williams Realty-Metropolitan License #050165

Keller Williams Realty-Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,442

Year Built

  • 1900

Lot Details

  • 0.35 Acre Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 9 Full Bathrooms
  • 8,788 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Unfinished Basement

Parking

  • 510 Car Parking Spaces
  • Stone Driveway
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • 22% Total Tax Rate

Community Details

Overview

  • Association fees include heat
  • 9 Units

Building Details

  • Gross Income $104,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,442

Year Built

1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Conversion, Duplex
  • Assessment Year: 2014
  • Construction: Existing
  • Total Stories: 3
  • Sq Ft - Apx Total Finished: 8788
  • Unit Info: Refrigerator
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 9
  • Basement: Yes
  • Basement Description: Frost Wall, Unfinished
  • Sq Ft - Apx Finished AG: 8788

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Crushed Stone, Gravel
  • Exterior: Brick, Vinyl
  • Foundation: Brick, Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Metal, Shingle - Asphalt

Garage/Parking

  • Parking: On-Site, Parking Spaces 5 - 10

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural, Multi Fuel
  • Heating: Baseboard
  • Total Heat Units: 5
  • Total Ranges: 9
  • Total Refrigerators: 9
  • Trash: Municipal

Condo/Co-op/Association

  • Fee Includes: Heat

Schools

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

Lot Info

  • Lot Sq Ft: 15246
  • Lot Acres: 0.35
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Commercial

Rental Info

  • Rent Includes: All Utilities

Multi Family

  • Gross Income: 104820
  • Total Units: 9
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 4
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Rate: 22.4
  • Tax Gross Amount: 7442
  • Tax Year: 2014

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

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold $375,000 -8.3% $43 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
05/20/2015 05/20/15 For Sale $408,800 -- $47 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Gunter

    Seller's Agent in 2016

    Robert Gunter

    RE/MAX Innovative Bayside

    (603) 387-8664

    23 in this area

    61 Total Sales

    Robert Gunter
    Section Image

  • T

    Buyer's Agent in 2016

    Tom Roche

    Keller Williams Realty-Metropolitan

    Section Image
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Map

Source: PrimeMLS

MLS Number: 4423839

PrimeMLS
New Hampshire Belknap County Laconia 03246

631 Union Ave, Laconia, NH

This home is located at 631 Union Ave, Laconia, NH 03246 since 20 May 2015. This property was built in 1900. 631 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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