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Listed by Christopher Kelly of RE/MAX Bayside Meredith

Laconia, NH 03246 - The location for a rental property can't be beat! The time to make an offer is NOW...There are two buildings, a total of six units, and it sits right across the street from Memorial Park with tennis courts and baseball fields. One of the buildings is a four-unit building, Colonial style, and the other is a two-unit building, Cottage style. The return for this property shows somewhere between a 6 and an 8 cap rate depending on if you continue the management company or not. The buildings and the grounds are in really great shape. The property is fully leased with good, quiet tenants. This is a really great investment today and will make for a better investment as time marches forward.

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 20, 2019.

 

 

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