Multi-Family Home for Sale: 111 Church Street, Laconia, NH 03246

13,440 sqft
$2,700,000
$2,700,000
111 Church Street, Laconia, NH 03246
13,440 sqft
$2,700,000
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Floor Plans
Walk Score
77
Price:
$2,700,000

Type: Multi-Family
Style: Apartment Building
Square Feet: 13,440 sqft
Lot Size: 0.90 acres
Year Built: 2020

City: Laconia
County: Belknap
Subdivision: 111 Church Street Condominiums

MLS: 4844291
Status: Active
DOM: 88 days
Listed by Right Realty Group, LLC, Thomas Girard & Dianne Lucciano-Girard
This is a unique opportunity for new or established investors and property managers. 111 Church street, was a former medical office building. In 2020 this site was re-purposed as a 16 unit luxury condominium development. 12 units consisting of 4 - 1 Bedroom and 8 - 2 Bedroom units were completed. 16 private on-site garage units were also constructed. An additional 4 units are permitted and approved for construction. The entire interior of this well constructed brick building was demolished and extensive renovations completed. Each of the 12 units include a full appliance package with full size washer/dryers in each unit. Separate utility services for electric and natural gas provide heat and central A/C to each unit at tenants expense. The building is serviced by a new wet sprinkler system and fire protection system .Elevator service to the 2nd floor has been updated as well. The property has received a certificate of condominium registration from the State of NH, condominium documents are in place, leaving the future opportunity to sell individual units. The lack of available housing has resulted in an extremely strong leasing of units since the recent completion. This is an opportunity to build a new, or expand a portfolio of rental homes, that require NO renovations now and will assure years of maintenance free ownership. The opportunity to construct 4 additional units along with the existing condominium approvals provide future expansion options as well.

Virtual Tours for 111 Church Street Laconia, NH

Lot & Building Features

Utilities: Cable, Internet - Cable, Gas - At Street
Construction: Masonry
Cooling: Central AC
Heat Source: Gas - Natural
Heating: Forced Air
Sewer: Public
Water: Public
Water Heater: Electric
Foundation: Concrete
Lot Description: City Lot
Roof: Shingle - Asphalt
Exterior: Brick
Garage: Yes

Price History of 111 Church Street, Laconia, NH

Date Name Price Difference
01/16/2021 Listing Price $2,700,000 N/A
*We provide this information for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 111 Church Street, Laconia, NH

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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data not provided by NEREN.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Right Realty Group, LLC

Copyright 2021 New England Real Estate Network, Inc. All rights Reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 04/14/2021