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158 Court St 2 Unit Apartment Building $628,024 CAD ($314,012 CAD/Unit) Laconia, NH 03246
INVESTMENT HIGHLIGHTS
- Rare 9.86% Cap Rate
- Mechanics updated throughout with new electrical, heating and plumbing
- Meticulously updated throughout with new kitchens and bathrooms
- Large 7 bedroom duplex
EXECUTIVE SUMMARY
Investors and owner-occupants, this is the stunning duplex everyone has been looking for, offering an incredible cap rate of 9.86%—perfect for even the fussiest of buyers. Enjoy excellent curb appeal with a freshly updated deck, new siding, and a new roof. Relax on the farmer’s porch during cool summer evenings and take advantage of the attached barn for all your storage and toys. There’s nothing to worry about here, with updated plumbing, electrical, and heating systems. Appreciate the spacious units featuring a total of 7 bedrooms across more than 2,670 square feet, set on an expansive quarter-acre lot. Tour through the units and admire the beautiful hardwood floors throughout, complemented by updated lighting fixtures, including recessed lighting in the kitchens. The kitchens boast bright white cabinets, granite countertops, and stainless steel appliances. Bathrooms have been updated with new tubs and vanities, and abundant natural light pours in through the new, wide windows. Owners will appreciate the separate utilities and low expenses, while tenants enjoy plenty of parking and close proximity to amenities. Nestled near Laconia’s downtown area along Route 3, this property offers convenience to shops, restaurants, and local attractions, as well as scenic Lake Winnisquam—all just a short drive from Lake Winnipesaukee’s beaches, parks, and year-round recreational opportunities.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $628,024 CAD | Building Class | C |
| Price Per Unit | $314,012 CAD | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 2,670 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price | $628,024 CAD |
| Price Per Unit | $314,012 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 2,670 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Walk Score®
Very Walkable (78)
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158 Court St
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