8-10 Arch Street, Laconia, NH 03246
Local realty services provided by:ERA Key Realty Services
8-10 Arch Street,Laconia, NH 03246
$1,750,000
- - 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:$1,750,000
- Price per sq. ft.:$193.37
About this home
MAJOR PRICE REDUCTION –EXCEPTIONAL INVESTMENT OPPORTUNITY WITH TREMENDOUS UPSIDE POTENTIAL! An outstanding opportunity for investors seeking immediate rental income, multiple additional revenue streams, and future development possibilities! This unique offering includes a 14-unit apartment building with large walk-up attic for future units/tenant storage, an expansive two-story detached barn/garage, and a separate vacant buildable lot! The residential building features generously sized units consisting of thirteen 2-bedroom apartments and one spacious 1-bedroom apartment. With remodeled units, investors can benefit from substantial improvements while still having excellent opportunities for additional value-add enhancements and increased income potential. Some property upgrades include newer circuit breaker panels and individual Rinnai wall furnaces in each unit. The expansive walk-out lower level offers even more possibilities, including space for future coin-operated laundry, tenant storage, and workshop/garage areas. THE DETACHED BARN/GARAGE IS A MAJOR HIGHLIGHT! This impressive two-story structure features SIX individual garage bays on the upper level, each approximately 18' x 10', plus an enormous 61' x 25' lower-level garage/storage area with convenient drive-in access! Currently vacant, these spaces offer exceptional possibilities for garage rentals, vehicle storage, contractor storage, workshop space, or other income-producing uses. ANOTHER HUGE BONUS – A SEPARATE VACANT BUILDABLE LOT! Explore the possibilities for future development, expanded parking, additional storage, or other uses that could further enhance the property's overall value (subject to applicable approvals). With 14 income-producing apartments, substantial unused garage space, additional basement opportunities, and a separate buildable lot, this property offers a rare combination of established income and multiple avenues for future growth....
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Home facts
- Year built:1900
- Listing ID #:5093247
- Added:142 day(s) ago
- Updated:October 28, 2026 at 11:12 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:$1,750,000
- Price per sq. ft.:$193.37
- Tax amount:$12,811 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
- Garage spaces:10
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