18-20 Cleveland, Laconia, NH 03246
MLS # 5064532
City: Laconia, State: NH
Price: $775000
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.
68e3ffba34e2b59f180dc217 0.10 19248 Interior 3132 Laconia MF_5 Monthly NH-Belknap 18-20 Cleveland Place neren3 1 68e3ff8834e2b59f04456dc6 1 1 1 1 1759772280 1759772279 775000 Ian D Handel 5064532 Active Under Contract 4356 5064532 6143 18-20 Cleveland, Laconia, NH 03246 1761753386 Ian Handel Real Estate 26 7750000 247 Multi Family 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. NH 1761696000 3 Cleveland 18-20 6 1761753802 1900 03246 ListPrice 775000 1759772602 775000 ListingStatus Active Under Contract 1761753802 Active Under Contract 1759772602 Active https://s3.us-central-1.wasabisys.com/apiv1.photos.master/60a3-5064532-1-neren3.jpg 1 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/6e5c-5064532-2-neren3.jpg 2 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/fdc5-5064532-3-neren3.jpg 3 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/9dc1-5064532-4-neren3.jpg 4 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/a811-5064532-5-neren3.jpg 5 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/cc48-5064532-6-neren3.jpg 6 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/5c7c-5064532-7-neren3.jpg 7 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/2966-5064532-8-neren3.jpg 8 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/ff7b-5064532-9-neren3.jpg 9 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/a635-5064532-10-neren3.jpg 10 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/d626-5064532-11-neren3.jpg 11 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/1f55-5064532-12-neren3.jpg 12 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/ead9-5064532-13-neren3.jpg 13 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/ec47-5064532-14-neren3.jpg 14 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/5372-5064532-15-neren3.jpg 15 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/5f99-5064532-16-neren3.jpg 16 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/9b60-5064532-17-neren3.jpg 17 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/e0fa-5064532-18-neren3.jpg 18 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/e260-5064532-19-neren3.jpg 19 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/d20d-5064532-20-neren3.jpg 20 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/a76e-5064532-21-neren3.jpg 21 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/66f6-5064532-22-neren3.jpg 22 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/e378-5064532-23-neren3.jpg 23 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/6c6b-5064532-24-neren3.jpg 24 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/28a7-5064532-25-neren3.jpg 25 1759773876 https://s3.us-central-1.wasabisys.com/apiv1.photos.master/e1e2-5064532-26-neren3.jpg 26 1759773876 1759773876 1759773894 43.5224288 -71.4713183 Point -71.4713183 43.5224288 RETS 1759772279 775000 247 68e3ff8834e2b59f04456dc6 5064532 Multi-Family NH-Belknap 775000 18-20 Cleveland Laconia NH 03246 Under Contract 1 0.10 19248 6143 1759708800 775000 1761696000 1761696000 1759708800 1759772279 1761753386 26 1759772280 5064532 Place 775000 18-20 Cleveland Place Active Under Contract 23 247.45 Yes No Yes Public Records No Yes No Interior Month to Month Month to Month Yellow No 644 Month to Month Monthly 25 Monthly 452 3538 86 RG Month to Month 1 1 1 4 1 2 1 6 1 1900 1 1 5 2 2 6 0 4866 4356 7 3132 6 6 1761696000 Unknown No Yes Public Records No TBD 3 No Month to Month Monthly Monthly Monthly Month to Month No Monthly No Existing 43.522428779531609 -71.471318271163895 0 6 6 1 1734 2 2 1600.00 1600.00 1600.00 3132.00 0.00 1600.00 1218.00 1000.00 6643.00 1760054400 2024 Concrete Floor Vinyl Exterior Mini Split Dirt Circuit Breaker(s) Laminate Vinyl Plank Fieldstone Natural Gas Mini Split Level Deeded Parking Spaces 5 - 10 Public Architectural Shingle Public Multi-Family Cooling Electric Heat Municipal Cable Public Natural Gas Water Heater Cooling Electric Heat Cooling Electric Heat Cooling Electric Heat Electric Heat Electric Heat Unknown 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. Ian Handel D 614718 6143 6143 5375-00 Ian Handel Real Estate 603-560-2214 [email protected] Yes Yes Yes Yes neren3 Property MF_5 1761753463