8-10 Arch Street, Laconia, NH 03246
Local realty services provided by:ERA Key Realty Services
8-10 Arch Street,Laconia, NH 03246
$1,950,000
- - Beds
- 14 Baths
- 9,050 sq. ft.
- Multi-family
- Active
Listed by: trish marchettiCell: 339-222-0471
Office: berkshirehathaway homeservices commonwealth r.e508-810-0700
MLS#:5093247
Source:PrimeMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$215.47
About this home
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....
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Home facts
- Year built:1900
- Listing ID #:5093247
- Added:47 day(s) ago
- Updated:July 25, 2026 at 10:45 AM
Rooms and interior
- Total bathrooms:14
- Full bathrooms:14
- Basement Description:Concrete Floor, Exterior Access, Interior Access, Storage Space, Walkout
- Living area:9,050 sq. ft.
Heating and cooling
- Heating:Individual, Wall Furnace
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:9,050 sq. ft.
- Lot area:0.34 Acres
- Levels:3 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$215.47
- Tax amount:$12,811 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
- Garage spaces:10
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