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 Ave, Laconia!
Conveniently located in the heart of Lakeport Square!
Small backyard for tenants & pets to enjoy.
Side porch, currently used for storage.
Small park on the corner of Union & Elm St with Little Library
Located next to a seasonally operated railroad.
Also located next to the WOW Trail a 4.25 trail starting here, ending in Belmont.
Enjoy more park space with a view of Opeeche!
Pull up a chair and relax.
View of Lake Opeeche from the backyard
Located near Lake Opechee and Paugus Bay
Walking distance to Wayfarer Coffee and Lakeport Opera House
Shared Kitchen - First Floor
Shared Kitchen - First Floor
Shared Kitchen - First Floor
Shared Kitchen - First Floor
Shared Living Area on the 1st Floor
Shared Living Area on the 1st Floor
Shared Living Area on the 1st Floor
1st Floor Bathroom- Shared
1st Floor Bathroom- Shared
Hallway to the back bedroom units.
1st Floor Bathroom (2) - Shared
Stairs from entry to 2nd floor.
Front Entry Way
2nd Floor Bathroom - Shared
Top of Stairs - 2nd Floor
Top of Stairs - 2nd Floor
Half Bath - 2nd Floor Back of Building
2nd Floor Kitchen - Shared
2nd Floor Kitchen - Shared
2nd Floor Kitchen - Shared
2nd Floor Kitchen - Shared
Listing Agent Crystal Bullerwell, KW Coastal and Lakes & Mountains Realty/Meredith. To see this Listing:
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 Information:
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
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
Additional Information
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
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