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


$649,000

MLS# 5086938
3388 sq.ft. Bedroom | 0 Bathroom
Multi Family
42 Gilford Avenue Laconia NH
 
$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

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.

Annual Expenses
Taxes: $6,002
    Income

UNIT 1 INFORMATION


Beds: 3
Baths: 3
Rooms: 0
Info : Ceiling Fan,Deck,Den,Dishwasher,Wood Fireplace,Oil Heat,Kitchen Island,Laundry Hookup,Microwave,Gas Range,Refrigerator,Wood Stove

UNIT 2 INFORMATION


Beds: 1
Baths: 1
Rooms: 0
Info : Ceiling Fan,Electric Cooktop,Refrigerator

FEATURES AND DETAILS

CONSTRUCTION: Clapboard Exterior | Price Per SQ.FT. 191.56 | Year Built: 1780
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
Lot size: 0.48 acres
Zoned: RG
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Road Frontage: 240
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $6,002  | Assesed Value $0 in
SCHOOLS
15 Buck Rd. Hanover, NH 03755 603-643-3942

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