8-10 Arch Street

Laconia, NH 03246

$2,300,000
Price
Beds
15
Baths
8,830 Sq. Ft.
$260 / Sq. Ft.
8,830
Sq. Ft.
$260
per Sq. Ft.

Description

Unique investment opportunity to purchase a portfolio of 15 residential units, including a separate Urban Commercial zoned (UC) ranch, 9+ garage bays and an additional buildable lot. 8-10 Arch St consists of 14 residential units (1 one-bed & 13 two-bed), 6 garage bays (61x18 and each bay is walled off), an additional oversized garage/storage area (61x25) and a vacant lot to build additional housing units/garage or parking etc. The main building has 10 renovated units, newer circuit breaker panels,...Unique investment opportunity to purchase a portfolio of 15 residential units, including a separate Urban Commercial zoned (UC) ranch, 9+ garage bays and an additional buildable lot. 8-10 Arch St consists of 14 residential units (1 one-bed & 13 two-bed), 6 garage bays (61x18 and each bay is walled off), an additional oversized garage/storage area (61x25) and a vacant lot to build additional housing units/garage or parking etc. The main building has 10 renovated units, newer circuit breaker panels, Rinnai wall furnaces that can be separated by new owner for each unit and a superstore HW heater. Expansive walk out lower-level w/ coin-opp laundry and workshop/storage space. 158 Union Ave is a free-standing 2-bedroom ranch style home that is currently 1 residential rental which is zoned Urban Commercial and has value-add potential for many business opportunities. All financials and unit photos available upon request.
  1. Listed by Trish Marchetti • BerkshireHathaway HomeServices Commonwealth R.E

Property Details for 8-10 Arch Street

Parking
Detached, Driveway, Garage, Off Street, Parking Spaces 21+, Paved
Zoning
UC

Location

Listing Courtesy of BerkshireHathaway HomeServices Commonwealth R.E
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LISTING UPDATED: 04/09/2024 10:06 PM

Property Details for 8-10 Arch Street

StatusActive
MLS #4990665
Days on Market24
Taxes$14,947 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.61 AC / 26,571 SF
CountyBelknap County

Location

Listing Courtesy of BerkshireHathaway HomeServices Commonwealth R.E
Add your commute

Building Information for 8-10 Arch Street

Stories3Residences15Year Built1900Building Size-Lot Size0.61 AC / 26,571 SF

Payment Calculator

$13,798 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,552

Property Taxes

$1,246

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8-10 Arch Street

Summary
Location and General Information
  • City: Laconia
  • County: NH-Belknap
  • Directions: Union Ave to Arch Street
  • Latitude: 43.528790795684088
  • Longitude: -71.467005119049077
  • Road Frontage: TBD
  • Seasonal: No
  • State: NH
  • Street Designation: Street
  • Map: 432
  • Zip Code: 03246
Taxes and HOA Information
  • Tax - Gross Amount: $14,947.00
  • Tax Year: 2023
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 10.00
  • Driveway: Paved
Virtual Tour
Property
Lot Information
  • Block: 0
  • Lot: 40
  • Lot - Sqft: 26572.0
  • Lot Features: Corner
  • Lot Size Acres: 0.61
  • Square Feet Apx Finished Above Grade: 8830.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 8830.0
  • Square Feet Apx Total Finished: 8830.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 0.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Easements: Unknown
  • Flood Zone: Unknown
  • Foundation: Fieldstone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Clapboard Exterior, Vinyl Exterior
  • Features - Exterior: Porch, Storage
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
Interior Features
  • Appliances: Water Heater – Off Boiler
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete Floor, Stairs - Interior, Storage Space, Walkout, Interior Access, Exterior Access
  • Total Full Baths: 15
  • Heat Fuel: Gas - Natural
  • Heating: Individual, Wall Furnace
  • Cooling: Central AC, None
  • Total Stories: 3
Multi Family
Multi-Family Information
  • Total Units: 15
  • Total 1 BR Units: 1
  • Total 2 BR Units: 14
  • Total 3+ BR Units: 0

Property History for 8-10 Arch Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 8-10 Arch Street

This home is within Laconia School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Woodland Heights Elementary School
PublicPK to 5

Laconia Middle School
Public6 to 8

Laconia High School
Public9 to 12

Pleasant Street School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8-10 Arch Street is a multi-family home for sale in Laconia, NH 03246. This property was listed for sale on April 9, 2024 by BerkshireHathaway HomeServices Commonwealth R.E, it's currently listed at $2,300,000. This listing's school district is Laconia School District. Nearby schools include Woodland Heights Elementary School, Laconia Middle School and Laconia High School. 8-10 Arch Street is a 0-bed, 15-bath, 8,830 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BerkshireHathaway HomeServices Commonwealth R.E

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 05/03/2024 07:19 AM