Price Change! reduced by $19,000 on June 15th 2026 $425,000 | $194 per sq.ft. Under Contract | MLS# 5082433
A
2
Unit Multi Family Home, 7 Elliott Street Laconia NH
With 2 - Two Bedroom Units
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Description:
CASH COW! This duplex has been renovated and is ready for two new tenants! Perfect for seasoned investors or owner occupied, right in the heart of downtown Laconia! Take advantage of the new Social District just walking distance away! Ideally located within walking distance to local amenities including the gym, Town Hall, Taco Bay, and just steps from Concord Hospital Laconia, this in-town property offers convenience that today's renters are actively seeking. Each unit features a spacious and well-designed layout. The first-floor unit offers 2 bedrooms and 1 bath, while the second-floor unit includes 2 bedrooms plus a loft and 1 bath--providing flexible living space that appeals to a wide range of tenants. With separate utilities already in place, this property is well-positioned for easy management and strong rental performance. The downstairs unit most recently rented for $1,900/month, and the upstairs for $2,100/month, making this a compelling income-producing asset. Located in Laconia--known as the "City of the Lakes"--you're just minutes from Lake Winnipesaukee, Lake Opechee, and Lake Winnisquam. This sought-after Lakes Region location draws year-round visitors, enhancing rental demand and long-term value. Whether you're looking to owner-occupy and offset your mortgage by renting the second unit, or expand your investment portfolio in a high-demand area, this property checks all the boxes. With its prime location, strong rental history, and proximity to lakes, healthcare, and downtown attractions, this is an opportunity you won't want to miss.
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Annual Expenses
Taxes: $3,947 |
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Income
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FEATURES AND DETAILS
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CONSTRUCTION: Clapboard Exterior | Vinyl Exterior | Price Per SQ.FT. 193.62 | Year Built: 1930 |
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LAND DESCRIPTION:
LOT DESCRIPTION: City Lot | Sloping | Steep |
Livable Space: 2195 Above Grade Sq.Ft.: 2195 Below Grade Sq.Ft.: 0 Heating: Oil | Baseboard | Hot Water Cooling: None Electric: 100 Amp Service | Circuit Breaker(s) Style: Multi-Family | New Englander Roof: Asphalt Shingle Water: Public Sewer: Public
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Lot size: 0.13 acres Zoned: UC Surveyed: Unk Flood Zone: Unknown Seasonal: No Road Frontage: 58 Driveway: Paved |
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ADDITIONAL INFORMATION
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Taxes $3,947 | Assesed Value $304,100 in 2025 |
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SCHOOLS
School District: Laconia Sch Dst SAU #30 Middle School: Laconia Middle School High School: Laconia High School |
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated July 21st, 2026
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