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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$399,900

MLS# 5075641
Under Contract 1576 sq.ft. Bedroom | 0 Bathroom
Multi Family
166 Gilford Avenue Laconia NH 		 
$399,900 | $254 per sq.ft. Under Contract | MLS# 5075641 A 2  Unit Multi Family Home, 166 Gilford Avenue Laconia NH With 1 - One Bedroom Units | 1 - Two Bedroom Units

Description:
**First floor unit is now vacant, making this available for owner-occupancy** Located in the heart of Laconia, this well-positioned multi-family offers an ideal combination of location, functionality, and long-term potential. Less than five minutes from downtown Laconia and under fifteen minutes to the shores of Weirs Beach, the property provides easy access to shopping, dining, entertainment, and everything the Lakes Region has to offer, an area that continues to support strong rental demand. The property features two spacious units, including a well-sized 2-bedroom unit and a comfortable 1-bedroom unit, each with a full bathroom and functional layouts that maximize space and livability. Both units offer abundant natural light, have been well maintained, and feature tasteful updates that enhance overall appeal while remaining easy to maintain and attractive to tenants. A full basement provides ample storage, while the detached barn adds additional value with an upper level that may be finished for future use or utilized for expanded storage. Outside, the property offers a pleasant yard and ample off-street parking for multiple vehicles, an increasingly valuable feature in this central location. Whether you're looking to purchase your first investment, owner occupy, expanding an existing portfolio or seeking a well-located income-producing property, this Laconia multi-family presents a solid opportunity in a high-demand Lakes Region market. Appliances : Water Heater

Annual Expenses
Taxes: $3,977 		    Income
UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 897
Level: 1
Rent : 2200.00 Monthly
Lease Term : Annual
Signed Lease : No
Status : Vacant
UNIT 2 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Sq.Ft.: 715
Level: 2
Rent : 1600.00 Monthly
Lease Term : Annual
Signed Lease : Yes

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Exterior Color Yellow | Price Per SQ.FT. 253.74 | Year Built: 1900
 LAND DESCRIPTION: LOT DESCRIPTION: Corner | Curbing | Landscaped | Level
Avail.Sq.Ft.: 2
Livable Space: 1576
Above Grade Sq.Ft.: 1576
Below Grade Sq.Ft.: 0
Heating: Oil | Steam
Cooling: None
Electric: Circuit Breaker(s)
Style: Multi-Family
Roof: Shingle
Water: Public
Sewer: Public
Lot size: 0.22 acres
Zoned: RS
Surveyed: Unk
Flood Zone: No
Seasonal: No
Driveway: Paved
ADDITIONAL INFORMATION
Taxes $3,977  | Assesed Value $291,800 in 2024
SCHOOLS
School District: Laconia Sch Dst SAU #30
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15 Buck Rd. Hanover, NH 03755 603-643-3942

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