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Under Contract
Laconia, NH

45 Joliet Street

$419,000

MLS# 5057586

348 days on market
The Listing

A 1890s multi-family home in Laconia.

Bedrooms
Baths
2,419
Sq Ft
0.1
Acres

Investment Summary

Units
2
Multi-Family
Price / Unit
$209,500
Tax / Unit
$2,235.32/yr
$4,470.64 total
Cap Rate
9.3%
NOI / Price
GRM
8.8x
Gross Rent Multiplier
Gross Income
$47,400/yr
NOI
$39,142/yr
Zoning: RG

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Description

Fully rented at $4050 per month with tenants paying utilities, this coveted side-by-side duplex is the perfect investment for a seasoned or new investor. Many updates including full paint throughout the interior and exterior, updated electrical, refinished hardwood floors, and more. With three levels of living and large basement for storage & laundry, these apartments are desirable, townhouse style rentals, perfect for families.

Features

Heating

Forced Air

Cooling

None

Parking

Driveway

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Financial

Annual Taxes
$4,471

Location

Listing History

This property was listed at $469,000 on Aug 20, 2025. The price has been reduced by $50,000 from the original $469,000.

Multi-Family · NH-Belknap County · Listed Aug 20, 2025

About Laconia, NH

Laconia is the largest city in the Lakes Region, offering a mix of urban amenities and lakefront living. Weirs Beach, the region's most famous beach, is within city limits. Home to Motorcycle Week (the oldest rally in the US) and a revitalizing downtown with craft breweries and restaurants.

Weirs Beach boardwalk & arcades
Laconia Motorcycle Week (est. 1916)
WinnAero aviation education at airport
Opechee Park & beach
Lakes Region General Hospital
Drive-in movie theater at Weirs
County: Belknap
Population: ~17,000
Schools: Laconia (SAU 30)

Distances are approximate. Click any destination for driving directions. NH has no state income tax or sales tax.

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Active listings within 25% of this price. Browse all for-sale.

Recently Sold in Laconia

AddressSold PriceSold
40 Hamlin Court$184,500Jul 31, 2026
12 Gables Drive$750,000Jul 31, 2026
64 Woodvale Drive$425,000Jul 31, 2026
148 Lucerne Avenue$1,810,000Jul 30, 2026
148 Lucerne Avenue$1,810,000Jul 30, 2026
136 Sarah Circle$620,000Jul 30, 2026

Closed sales in the past 12 months. Data from PrimeMLS.

$419,000

Under Contract

Sq Ft2,419
$/Sq Ft$173
Lot0.15 acres
Built1890
Listing courtesy of Waterfield Realty & Management LLC · Pamela Hughes · 781-777-3259
PrimeMLS

IDX display courtesy of Yankee Pedlar Realtors, Wolfeboro NH.

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