List Price: $300,000 | $96 per sq.ft. Multi Family A 10 Unit Multi Family Home
With 10 One Bedroom Units , 0 - Two Bedroom Units ,0 - Three Bedroom Units on Opechee Bay (AKA Opechee) Under Contract Listed Wednesday Nov 6, 2024 | MLS# 5021310


Welcome to 736 Union Avenue, a conveniently located Lakes Region 10 unit rooming house. Most tenants have been here long-term. There are 3 1/2 co-ed bathrooms, 2 shared kitchens, and optional basement or attic space that can be utilized for storage. Parking is on-street, some tenants have alternative parking arrangements. There is an opportunity for rental increase, all tenants are month-to-month and will remain in home upon closing. Utilities are included in the rent. Long-time owner has 2 in-house managers that keeps things running smoothly, collects rents for you, helps keep the communal areas clean, removes trash, and general overseeing of the property. This home is in a prime walkable area, located directly next to the WOW Trail and Railroad, Lake Opechee, and Downtown Lakeport. Tenants enjoy a small grassy backyard with view of the trail and lake, and two sitting area parks nearby. Near Paugus Bay, Lakeport Landing, Irwin's Marine, Fratello's, O's Steak and Seafood, Case n Keg, Main Street Social Club Ice Cream and much more. Come discover the charm of Downtown Lakeport, and the opportunity to invest in this community! Please allow 48 hours for showings. Call to schedule your showing today! Operating Expenses : Heat,Insurance,Utilities,Water/Sewer
Annual Expenses

Taxes: $4,890
Income
Gross Income | $73,500
Appliances : Water Heater – Off Boiler

UNIT 1

Beds: 1
Baths: 0
Rooms: 1
Level: 1
Rent : 500.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2

Beds: 1
Baths: 0
Rooms: 1
Level: 1
Rent : 550.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 3

Beds: 1
Baths: 0
Rooms: 1
Level: 1
Rent : 450.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to M

UNIT 4

Beds: 1
Baths: 0
Rooms: 1
Level: 1
Rent : 450.00 Monthly
Lease Term : Month to Month
Status : Month to Month

UNIT 5

Beds: 1
Baths: 0
Rooms: 1
Level: 1
Rent : 275.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

UNIT 6

Beds: 1
Baths: 0
Rooms: 1
Level: 2
Rent : 450.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 7

Beds: 1
Baths: 0
Level: 2
Status : Month to Month

UNIT 8

Beds: 1
Baths: 0
Rooms: 1
Level: 2
Rent : 500 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month
Construction: Wood Frame | Vinyl Siding
Year Built: 1900
Style: Rooming House
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5843
Above Grade Sq.Ft.: 3135
Basement: Dirt Floor | No Tenant Access | Stairs - Interior | Unfinished | Interior Access | Stairs - Basement
Foundation: Concrete | Granite
Exterior Features:
Fence - Partial | Porch - Enclosed
Exterior Color: Blue Grey
Roof: Shingle - Asphalt
Garage And Parking: Driveway | Off Premises | On Street | Parking Spaces 1 | Paved
Seasonal: No
Heating: Oil | Baseboard | Hot Water | House Unit
Cooling: None
Electric: 100 Amp | 200 Amp
Trash: Cans | Curbside | Recycl
Utilities: Cable - Available | Telephone Available
Electric Meters: 1
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
City Lot | Lake View | Sidewalks | Street Lights | View | Walking Trails | Water View | In Town | Near Golf Course | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails | Near Railroad | Near Hospital | Near School(s)
Lot size: 0.09 acres
Zoned: Urban Commercial)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved
Road Frontage: 35
Driveway: Paved


Docs Available : Deed | Property Disclosure | Tax Map | Town Approvals
Easement - Unknown
Row For Other Parcel: N
Block - 220
Taxes $4,890
Assesed Value Not Reported
Schools
School District: Laconia Sch Dst SAU #30
Elementary School: Elm Street Elementary School
Middle School: Laconia Middle School
High School: Laconia High School

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