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Laconia, NH 03246- Here is a really nice home with 2 rental apartments attached giving you some different opportunities. You could live in this 3 bedroom home and use the 2 apartments as income. Presently, the apartments are each getting $700.00/month with the tenants paying utilities. With $1,400.00 income from the apartment rents each month, 90% of your monthly mortgage debt for the entire purchase would be paid. You could live in one of the 1 bedroom apartments and rent the main home. The main home is now vacant, but was recently renting for $1,250.00/month. If you combine the $1,250.00 (main house) and $700.00 (1 apartment) income each month, you will pay the entire mortgage debt and have money left over for other bills. If you are looking to purchase a home for multi-generational living, you could live in the main home and use the 1-bedroom first floor apartment for other family members; and the the separation of space would make everyone really happy. This property has a nice yard out back, appears to not need work to be done, has a 1-car garage under in the back, and has a screen porch for warm summer nights. The location is perfect, close to the by-pass and not far from downtown Laconia. Look here and then let's schedule a showing to look at the property.

Property Details of 225 Gilford Ave

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Listed by Christopher Kelly of RE/MAX Bayside Meredith

Listing Sold by Roche Realty Group
Broker Reciprocity

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