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$975,000

8 Lewis Street
Laconia, NH 03246
Listed by Jim Miller · RE/MAX Innovative Bayside
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1887

About this home

Exceptional investment opportunity (8%+ ROI) in the heart of Laconia. This five-unit multifamily property offers a diverse mix of apartments ranging from a spacious four-bedroom unit to a studio, providing broad tenant appeal and excellent rental flexibility. Ideally situated on a quiet side street, the property is within walking distance of downtown Laconia, shopping, restaurants, schools, parks, and everyday conveniences. One of its most attractive features is its proximity to the public beach on beautiful Lake Opechee, allowing tenants to enjoy swimming, kayaking, fishing, and lakeside relaxation just a short stroll from home. The varied unit mix appeals to a wide range of tenants, from individuals and couples to larger households, helping support strong occupancy and long-term investment performance. Located in the heart of New Hampshire's Lakes Region, the property offers convenient access to area recreation, employment, and services while maintaining a neighborhood feel. Property Highlights: Five-unit multifamily property Apartment sizes ranging from studio to four-bedroom Walking distance to downtown Laconia Short walk to the public beach on Lake Opechee Close to shopping, restaurants, schools, and parks Strong tenant appeal with diverse unit mix Excellent Lakes Region investment opportunity "A rare opportunity to own a versatile multifamily property in a convenient in-town location, with the added benefit of nearby lake access and all that the Lakes Region has to offer."

Property details

MLS #
5092535
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
71
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
1
Parking spaces
N/A
Lot size
0.46 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Pleasant Street School
0.39 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
250
Student:teacher ratio
10.0:1
District
Laconia School District
Middle
Laconia Middle School
0.4 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
422
Student:teacher ratio
10.0:1
District
Laconia School District
High
Laconia High School
0.93 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
582
Student:teacher ratio
10.2:1
District
Laconia School District

Mortgage calculator

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Est. monthly payment
$6,022/mo
$195,000 down
$780,000 loan
Principal & interest$5,059
Property tax (est.)$813
Home insurance (est.)$150

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