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Property Description

CASH COW! This duplex has been renovated and is ready for two new tenants! Perfect for seasoned investors or owner occupied, right in the heart of downtown Laconia! Take advantage of the new Social District just walking distance away! Ideally located within walking distance to local amenities including the gym, Town Hall, Taco Bay, and just steps from Concord Hospital Laconia, this in-town property offers convenience that today's renters are actively seeking. Each unit features a spacious and well-designed layout. The first-floor unit offers 2 bedrooms and 1 bath, while the second-floor unit includes 2 bedrooms plus a loft and 1 bath--providing flexible living space that appeals to a wide range of tenants. With separate utilities already in place, this property is well-positioned for easy management and strong rental performance. The downstairs unit most recently rented for $1,900/month, and the upstairs for $2,100/month, making this a compelling income-producing asset. Located in Laconia--known as the "City of the Lakes"--you're just minutes from Lake Winnipesaukee, Lake Opechee, and Lake Winnisquam. This sought-after Lakes Region location draws year-round visitors, enhancing rental demand and long-term value. Whether you're looking to owner-occupy and offset your mortgage by renting the second unit, or expand your investment portfolio in a high-demand area, this property checks all the boxes. With its prime location, strong rental history, and proximity to lakes, healthcare, and downtown attractions, this is an opportunity you won't want to miss.

Overview

Property Status
Active Under Contract
Lot Size
5,663 Sq.Ft.
MLS ID
5082433
Property Type
Multi-Family
Year Built
1930

Features & Amenities

Total Area
2,771 Sq.Ft.
Neighborhood
Laconia
Garage Spaces
1.0
Roof
Asphalt Shingle
Lot Features
Sloping, City Lot
Heat Type
Oil, Baseboard, Hot Water
Air Conditioning
None
Sewer
Public
Middle School
Laconia Middle School
High School
Laconia High School
School District
Laconia Sch Dst SAU #30
Sales Price
$425,000
Real Estate Tax
$3,947/yr

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7 Elliott Street

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  • This duplex has been renovated and is ready for two new tenants! Perfect for seasoned investors or owner occupied, right in the heart of downtown Laconia!

    The BRP Group | Brad Roberts

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7 Elliott Street

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    License #076721

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