$649,000 | $192 per sq.ft. | MLS# 5086938
A
2
Unit Multi Family Home, 42 Gilford Avenue Laconia NH
With 1 - One Bedroom Units | 1 - Three Bedroom Units
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Description:
A rare piece of history -- with serious potential. This spacious yet cozy 1780 home was built by the venerable Jacob Jewett, and its rich history and impressive pedigree are still felt in every room. Original character remains intact -- wide floors, wood fireplaces, old-world charm -- alongside some upgrades/updates throughout (including vinyl plank flooring, kitchen island, wine cooler, and 1st-floor laundry). At 3,388 sq. ft. of finished living space across 1.75 stories, with 5 bedrooms and 4 bathrooms (one full, three three-quarter), this is not just a home -- it's a lifestyle. Here's what makes it truly unique: It's a legal 2-unit property with two separate workshop/storage areas -- creating real cash-flow opportunities. Perfect for an owner-occupy with in-law suite (already in place), or even a lawyer/accountant office with proper zoning variances. Investor or homeowner? This one works for both. Step outside to nearly half an acre (0.48) with a generously sized deck, full fence, garden space, and plenty of room to entertain. Two street entrances/exits and a paved driveway with plenty of parking for tenants, guests, or work vehicles. Location? Still everything. Minutes from the hospital, grocery stores, big-box hardware, downtown shops, and everything the Lakes Region is famous for. Why now? The seller had no intention of letting this one go. Great rental history. Real cash flow. But life changes direction -- and now this historic gem could be yours.
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Annual Expenses
Taxes: $6,002 |
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Income
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UNIT 1 INFORMATION
Beds: 3Baths: 3Rooms: 0Info : Ceiling Fan,Deck,Den,Dishwasher,Wood Fireplace,Oil Heat,Kitchen Island,Laundry Hookup,Microwave,Gas Range,Refrigerator,Wood Stove
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UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 0Info : Ceiling Fan,Electric Cooktop,Refrigerator
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FEATURES AND DETAILS
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CONSTRUCTION: Clapboard Exterior | Price Per SQ.FT. 191.56 | Year Built: 1780 |
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LAND DESCRIPTION:
LOT DESCRIPTION: In Town |
Avail.Sq.Ft.: 2 Livable Space: 3388 Above Grade Sq.Ft.: 3388 Below Grade Sq.Ft.: 0 Heating: Baseboard | Electric | Hot Water | Wood Stove Cooling: None Electric: 100 Amp Service | Circuit Breaker(s) Style: Antique | Cape Roof: Asphalt Shingle Water: Public Sewer: Public
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Lot size: 0.48 acres Zoned: RG Surveyed: Unk Flood Zone: Unknown Seasonal: No Road Frontage: 240 Driveway: Paved |
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ADDITIONAL INFORMATION
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Taxes $6,002 | Assesed Value $0 in |
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SCHOOLS
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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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Data last updated May 10th, 2026
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