14 Summer St

Laconia NH 03246

1932 sq. ft.

10454 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Explosive multi-family cash-flow asset in Laconia. Features a 2-bed/1-bath unit and two 1-bed/1-bath units. The crown jewel is the massive oversized garage footprint, featuring two integrated offices, a half bathroom, and vast storage space. With 8 dedicated parking spaces, neighboring multi-units, and a severe need for local housing, buyers are strongly encouraged to consult the Laconia Zoning Dept regarding the high probability of a 4th residential unit conversion! (With most physical prep work already done, we were told from the zoning department that there is a high likelihood of approval). Operating with premium Pro Forma rent potential, this is a dominant asset with immediate upside. Building is on a lockbox; easy showings for empty units. Full walkthrough upon accepted offer. Includes both an oil furnace and whole house pellet heating system. Massive potential for either garage and office rental, contractor personal use, or 4th unit conversion!

Features

2 carspaces

2 garage spaces

1932 sq. ft. floor area

10454 sq. ft. lot size

Multi-Family

Property history for 14 Summer St

2022

Sold

Undisclosed

28 Jul 2022

2022

Sold

$365,000

25 Jan 2022

Happy sellers in Laconia

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