List Price: $4,000,000 | $244 per sq.ft. Multi Family A 28 Unit Multi Family Home
With 24 One Bedroom Units , 0 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Saturday Feb 14, 2026 | MLS# 5076627



Address: 686-716 Union Avenue Laconia NH
Listed by Pamela Hughes Waterfield Realty & Management LLC
Description:
Welcome to Lakeport Plaza - a 28 Unit Multi Family & commercial building complex. With three buildings across a 1.08 acre parcel, this property 26 residential units, including 7 newly constructed, and two commercial units. First building is brick with integrated apartments; the second building provides two leased commercial spaces in addition to residential units. Third building also comprises multiple units. Situated on a high traffic count road, the location experiences daily traffic volume of 15,000 to 20,000 vehicles, excluding peak seasons. The property features ample parking for residents and commercial businesses, along with quick access to the WOW walking trail that leads to downtown Laconia. This represents an excellent investment opportunity to invest in the rapidly improving Lakeport area of Laconia. This property can be sold individually, or as part of a 51-unit portfolio, all buildings of which are location in Laconia.
Annual Expenses

Taxes: $0
Income
Gross Income | $413,960
NetIncome | $344,450

Construction: Brick Exterior | Vinyl Siding
Year Built: 1850
Style: Apartment Building | Contemporary | Multi-Family | Multi-Level | Other
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 16614
Above Grade Sq.Ft.: 16168
Below Grade Sq.Ft.: 196
Basement: Concrete | Finished | Gravel | Slab | Interior Access | Basement Stairs
Roof: Asphalt Shingle
Seasonal: No
Heating: Natural Gas Available | Multi Fuel | Oil | Heat Pump | Hot Water | Wall Units | Mini Split
Cooling: Wall AC Units | Mini Split
Electric: Circuit Breaker(s)
Utilities: Gas at Street | Other
Electric Meters:
Water: Public
Sewer: Public
Land Information
Lakes | Major Road Frontage | Neighbor Business | Rental Complex | Ski Area | Walking Trails | Near Country Club | Near Golf Course | Near Shopping | Near Skiing | Near Hospital | Near School(s)
Lot size: 1.08 acres
Zoned: multi family, commercial)
Surveyed: Yes
SurveyedBy: Surveyor
Flood Zone: No
Driveway: Paved
Additional Information
Block - 220
Taxes $0
Assesed Value Not Reported
Schools

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