18-20 Cleveland Place, Laconia, NH 03246
Local realty services provided by:Better Homes and Gardens Real Estate The Milestone Team
18-20 Cleveland Place,Laconia, NH 03246
$775,000
- 10 Beds
- 6 Baths
- 3,132 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Fri, Oct 1001:00 pm - 02:00 pm
Listed by:ian handel
Office:ian handel real estate
MLS#:5064532
Source:PrimeMLS
Price summary
- Price:$775,000
- Price per sq. ft.:$159.27
About this home
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. Group showing begin Friday, Oct. 10 at 1 PM.
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Home facts
- Year built:1900
- Listing ID #:5064532
- Added:3 day(s) ago
- Updated:October 10, 2025 at 04:09 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,132 sq. ft.
Heating and cooling
- Cooling:Mini Split
- Heating:Mini Split
Structure and exterior
- Year built:1900
- Building area:3,132 sq. ft.
- Lot area:0.1 Acres
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$159.27
- Tax amount:$6,643 (2024)
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