List Price: $475,000 | $196 per sq.ft. Multi Family A 3 Unit Multi Family Home With 1 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units Under Contract Listed Monday Mar 24, 2025 | MLS# 5033319
106 Messer Street Laconia NH Listed by Crystal Bullerwell KW Coastal and Lakes & Mountains Realty/Meredith
Description:
This 3 unit apartment building near Lake Opechee is making it's debut being listed publicly for the first time. There is one (3) bedroom units on the first floor, one (2) bedroom unit on the 2nd floor, and one (1) bedroom unit on the 3rd floor, all fully renovated in 2019 and also fully rented with one-year leases. Coin-op laundry in common area hallway. Basement for use by owner's only. Parking for 2 cars per unit. Spacious grassy yard outback can be enjoyed by tenants, or may be used to maximize density up to 4 additional units per zoning with special exception in Urban Commercial Zoning(Buyer's and agents to do their own due diligence) Updates include: New furnace, full reno & appliances on Unit 1; Partial reno & new appliances in Unit 2; Full Reno & new appliances/furnace Unit 3. New electrical services all units 100 amp each, rebuilt front deck, updated electrical & water added for coin-op washer & dryer hook-up, and more. Centrally located less than half a mile to Downtown Laconia, less than a mile to Vista Foods (Grocery) and Route 3/ Union Ave & close to K-12 schools makes it a short commute to great businesses near by, as well as the hospital and Opechee Park & boat ramp. Additional photos of units empty available upon request.Limited parking ask agent for details. Schedule your showing today! Sold As-Is. Also listed from owners portfolio, please see listing #5033320. Agent Interest & Related to Seller. Ask agent for details.
Operating Expenses : Heat,Insurance,Maintenance,Sewer,Snow Removal,Water/Sewer
Annual Expenses
Taxes: $4,715
Income
Gross Income | $49,315 NetIncome | $32,366
Appliances : Water Heater – Gas
Unit Information:
UNIT 1
Beds: 3 Baths: 1 Rooms: 0 Level: 1 Info : Heat - Natural Gas,Heat Included,Hot Water,Porch,Range - Electric,Refrigerator Tenant Pays : Internet Service Rent : 1550.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased
UNIT 2
Beds: 2 Baths: 1 Rooms: 0 Level: 2 Info : Heat - Natural Gas,Range - Electric Tenant Pays : Electric,Heat,Internet Service Rent : 1275.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased
UNIT 3
Beds: 1 Baths: 1 Level: 3 Info : Heat - Natural Gas,Heat Included,Hot Water,Range - Electric,Refrigerator Tenant Pays : Internet Service Rent : 1275.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased
Construction Information:
Construction: Vinyl Siding Year Built: 1900 Style: Apartment Building | Greek Revival | Multi-Family | Tri-Level Floors | Stories: 3 No. Elevators: Total Sq.Ft. Finished: 3409 Above Grade Sq.Ft.: 2419 Basement: Bulkhead | Crawl Space | Full | No Tenant Access | Exterior Access | Stairs - Basement Foundation: Granite
Exterior Features: Porch Exterior Color: White Roof: Metal | Shingle - Asphalt Garage And Parking: Driveway | Parking Spaces 6+ Seasonal: No
Heating: Natural Gas | Forced Air | Monitor Type Cooling: None Electric: 100 Amp Trash: Cans | Municipal Utilities: Cable - Available | Gas - Underground | Telephone Available Electric Meters: 3 Gas_Meters: 3 Water: Public Sewer: Public
Land Information Lake Access | Level | Sidewalks | Street Lights | Trail/Near Trail | In Town | Near Country Club | Near Golf Course | Near Paths | Near Shopping | Near Skiing | Near Snowmobile Trails | Near Public Transportatn | Near Railroad | Beach Access | Near Hospital | Near School(s) Lot size: 0.35 acres Zoned: Urban Commercial) Surveyed: Unk Flood Zone: No Road Frontage: 74 Driveway: Dirt
Additional Information
Docs Available : Deed | Property Disclosure | Tax Map Easement - No Block - 158 Taxes $4,715 Assesed Value Not Reported
Schools School District: Laconia Sch Dst SAU #30 Elementary School: Pleasant Street Elementary Sch Middle School: Laconia Middle School High School: Laconia High School
PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion
of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the
nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to
consumers for their review and acknowledgment at the appropriate time. These forms can be accessed here:
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM