24 Gilford Ave., Laconia, NH 03246

Multi-Family for Sale
Catylist Listing ID: 30441924
Property Subtypes: High-Rise
Number of Units: 9 Units
Building Size (RSF): 6,307 SF
Gross Building Area: See Agent
Gross Land Area: 0.23 Acres
Sale Price: $499,000
Unit Price: $55,444.44 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/11/2019

Overview / Comments

9-unit money maker fully occupied on Gilford Ave is hassle-free investment with a property manager/tenant that handles the day to day. The electric is metered separately. The water/sewer and heat are serviced by a 3rd party that calculates usage and bills tenant direct. This well-maintained turn-key building has had an additional $27,000.00 of improvements and will create long term tenants because of location and condition. The parking is paved and designated. Many tenants have an easy walk downtown for work or pleasure, kids walk to school grades K-12, it’s only ½ mile to Lake Opechee with a playground and beach and just a ¼ mile to the hospital and other services. All financials and records are transparent and available to the right buyer client. Seller requests that you please provide a pre-approval letter or proof of ability to purchase in advance of all showings.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $8,624 (Annual)

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 411-88-33
Zoning: C
Parking Type: Surface
Parking Description: assigned parking spaces

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,530 18,411 25,589
Median Age: 40.34 42.73 43.77
Households: 3,230 7,690 10,738
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