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

$975,000

MLS# 5092535
4790 sq.ft. Bedroom | 0 Bathroom
Multi Family
8 Lewis Street Laconia NH
on Opechee Bay (AKA Opechee) 		 
$975,000 | $204 per sq.ft. | MLS# 5092535 A 5  Unit Multi Family Home, 8 Lewis Street Laconia NH With 2 - One Bedroom Units | 1 - Two Bedroom Units | 2 - Three Bedroom Units

Description:
Exceptional investment opportunity (8%+ ROI) in the heart of Laconia. This five-unit multifamily property offers a diverse mix of apartments ranging from a spacious four-bedroom unit to a studio, providing broad tenant appeal and excellent rental flexibility. Ideally situated on a quiet side street, the property is within walking distance of downtown Laconia, shopping, restaurants, schools, parks, and everyday conveniences. One of its most attractive features is its proximity to the public beach on beautiful Lake Opechee, allowing tenants to enjoy swimming, kayaking, fishing, and lakeside relaxation just a short stroll from home. The varied unit mix appeals to a wide range of tenants, from individuals and couples to larger households, helping support strong occupancy and long-term investment performance. Located in the heart of New Hampshire's Lakes Region, the property offers convenient access to area recreation, employment, and services while maintaining a neighborhood feel. Property Highlights: Five-unit multifamily property Apartment sizes ranging from studio to four-bedroom Walking distance to downtown Laconia Short walk to the public beach on Lake Opechee Close to shopping, restaurants, schools, and parks Strong tenant appeal with diverse unit mix Excellent Lakes Region investment opportunity "A rare opportunity to own a versatile multifamily property in a convenient in-town location, with the added benefit of nearby lake access and all that the Lakes Region has to offer."

Annual Expenses
Taxes: $7,264 		    Income Gross Income | $
NetIncome | $
UNIT 1 INFORMATION

Beds: 4
Baths: 2
Rooms: 0
Level: 1
Tenant Pays : Electric
Rent : 2750.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Rent : 2000.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 3 INFORMATION

Beds: 1
Baths: 1
Rent : 1275.00 Monthly
Status : Leased
UNIT 4 INFORMATION

Beds: 2
Baths: 1
Rent : 1650.00 Monthly
Status : Leased
UNIT 5 INFORMATION

Beds: 1
Baths: 1
Rooms: 0
Rent : 1330.00 Monthly
Signed Lease : Yes

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Exterior Color tan | Price Per SQ.FT. 203.55 | Year Built: 1887
 LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Corner | Neighborhood | Beach Access | Near School(s)
Avail.Sq.Ft.: 4
Livable Space: 4790
Above Grade Sq.Ft.: 4790
Below Grade Sq.Ft.: 0
Heating: Hot Water
Cooling: Individual
Electric: Circuit Breaker(s)
Style: New Englander
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Lot size: 0.46 acres
Zoned: RS
Surveyed: Unk
Flood Zone: Unknown
Seasonal: No
Road Frontage: 263
Driveway: Paved
ADDITIONAL INFORMATION
Taxes $7,264  | Assesed Value $0 in
SCHOOLS
School District: Laconia Sch Dst SAU #30
Elementary School: Pleasant Street Elementary Sch
Middle School: Laconia Middle School
High School: Laconia High School
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15 Buck Rd. Hanover, NH 03755 603-643-3942

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