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+16033617330
REEN USA
18-20 Cleveland Pl, Laconia, NH 03246
- $807,500
- 3,132
- SqFt
Listing courtesy of Ian D Handel from Ian Handel Real Estate. ()
Listing sold by from Alexander Real Estate
- Sold Price
- $807,500
- List Price
- $775,000
- Status
- CLOSED
- MLS#
- 5064532
- Closing Date
- Dec 26, 2025
- Living Area
- 3,132
- Lot Size
- 4,356
- Acres
- 0.10
- Year Built
- 1900
Property Description
Cash-flowing, well-managed 6-unit property with numerous updates and stable tenancy. All tenants are current on rent and pay their own utilities (except hot water). The property features two 1-bedroom and four 2-bedroom units, offering a desirable mix. All kitchen and bathrooms are updated. Recent improvements include four new natural gas heaters (2024), electric mini-splits (2021) in four units providing heat and A/C, and a fully renovated Unit 1 down to the studs. Additional upgrades include a new roof (2022), repointed chimney with new flashing, new flooring in most units, and a new rear porch. An on-site coin-operated laundry adds extra income. Parking lot with permanent easement provides ample off-street parking. Turnkey investment with strong rental history and no major updates needed. Seller is a licensed NH realtor.
Additional Information
- Taxes
- $6,643
- Listing Agent
- Ian D Handel
- Listing Office
- Ian Handel Real Estate
- Style
- Multi-Family
- Electric
- Circuit Breakers
- Utilities
- Cable Available
- Basement
- Concrete
- Foundation
- Fieldstone
- Sewer
- Public Sewer
- Roof
- Architectural
- Zoning
- RG
- Water
- Public
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