18-20 Cleveland Place, Laconia, NH 03246

Local realty services provided by:ERA Key Realty Services
18-20 Cleveland Place,Laconia, NH 03246
$775,000
  • 10 Beds
  • 6 Baths
  • 3,132 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Fri, Oct 10
    01:00 pm - 02:00 pm
Listed by:ian handel
Office:ian handel real estate
MLS#:5064532
Source:PrimeMLS

Price summary

  • Price:$775,000
  • Price per sq. ft.:$159.27

About this home

Cash-flowing, well-managed 6-unit property with numerous updates and stable tenancy. All tenants are current on rent and pay their own utilities (except hot water). The property features two 1-bedroom and four 2-bedroom units, offering a desirable mix. All kitchen and bathrooms are updated. Recent improvements include four new natural gas heaters (2024), electric mini-splits (2021) in four units providing heat and A/C, and a fully renovated Unit 1 down to the studs. Additional upgrades include a new roof (2022), repointed chimney with new flashing, new flooring in most units, and a new rear porch. An on-site coin-operated laundry adds extra income. Parking lot with permanent easement provides ample off-street parking. Turnkey investment with strong rental history and no major updates needed. Seller is a licensed NH realtor. Group showing begin Friday, Oct. 10 at 1 PM.

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Home facts

  • Year built:1900
  • Listing ID #:5064532
  • Added:1 day(s) ago
  • Updated:October 07, 2025 at 04:41 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:3,132 sq. ft.

Heating and cooling

  • Cooling:Mini Split
  • Heating:Mini Split

Structure and exterior

  • Year built:1900
  • Building area:3,132 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$159.27
  • Tax amount:$6,643 (2024)
MLS LogoCopyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 7, 2025