8-10 Arch ST, Laconia, NH 03246
8-10 Arch ST, Laconia, NH 03246
8-10 Arch ST, Laconia, NH 03246
8-10 Arch ST, Laconia, NH 03246
8-10 Arch ST, Laconia, NH 03246
8-10 Arch ST, Laconia, NH 03246
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Tim Cheney

Tim Cheney

+1(207) 200-3637
Listed by Trish Marchetti • BerkshireHathaway HomeServices Commonwealth R.E • Cell: 339-222-0471
$ 1,950,000
Est. payment | /mo

9,050 SqFt

Save
$ 1,950,000
Est. payment | /mo
Save

9,050 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,050 sqft

Price per Sqft $215

MLS Listing ID 5093247

Construction Status Existing

Year Built 1900

Annual Tax Amount $12,811

Tax Year 2026

Lot Size 0.340 Acres

Acres 0.34

Property Description

Exceptional investment opportunity featuring a portfolio of 14 residential units, a detached multi-bay barn/garage, and an additional vacant buildable lot for plenty of extra parking or future development potential. The fully occupied apartment building consists of 14 residential units, including one large 1-bedroom unit and thirteen 2-bedroom units. 13 units have been renovated, providing an attractive mix of updated living spaces and strong rental income. Property improvements include newer circuit breaker panels, a SuperStore hot water system and individual Rinnai wall furnaces serving each unit. The expansive walk-out lower level offers additional value with a future coin-operated laundry room, workshop area and ample storage space. A standout feature of the property is the detached two-story barn/garage structure. The upper level includes six separate garage bays, each measuring approximately 18' x 10'. The lower level features an oversized 61' x 25' garage/storage area with drive-in access, creating exceptional potential for additional rental income, storage, workshop, or business use. Currently vacant, this space offers the new owner the flexibility to maximize its value based on their specific needs and investment goals. Also included is a separate vacant lot, offering potential for future development, additional parking, outdoor storage, or other value-add opportunities (subject to local approvals). This unique offering combines strong in-place cash flow with significant upside potential through continued improvements, additional rental income opportunities, and future development possibilities. Financial information, rent roll, and unit photographs are available upon request.

Location

State NH

County Nh-belknap

Area Nh-Belknap

Zoning UC

Rooms

Basement Entrance Walkout

Basement Concrete Floor, Interior Stairs, Storage Space, Walkout, Interior Access, Exterior Access

Interior

Cooling None

Exterior

Garage Spaces 10.0

Utilities Available Cable

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public

Architectural Style Apartment Building

Construction Status Existing

PrimeMLS
Tim Cheney

"My passion is learning the "why?" behind making a real estate move so together we can define your goals then achieve the best possible outcome!"

+1(207) 200-3637

tim@timcheneyrealtor.com

875 Greenland Rd Suite B9, Portsmouth, NH 03801-4161, USA

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8-10 Arch ST