Laconia, NH

166 Gilford Avenue

$415,900Last sold May 8, 2026Listed at $399,900

MLS# 5075641

Sold in 93 days
The Listing

A 1900s multi-family home in Laconia.

Bedrooms
Baths
1,576
Sq Ft
0.2
Acres

Investment Summary

Units
2
Multi-Family
Price / Unit
$199,950
Tax / Unit
$1,988.50/yr
$3,977 total
Zoning: RS

Interested in this investment property?

Contact us for full financials, rental history, and a personalized investment analysis.

Request full details →

Description

**First floor unit is now vacant, making this available for owner-occupancy** Located in the heart of Laconia, this well-positioned multi-family offers an ideal combination of location, functionality, and long-term potential. Less than five minutes from downtown Laconia and under fifteen minutes to the shores of Weirs Beach, the property provides easy access to shopping, dining, entertainment, and everything the Lakes Region has to offer, an area that continues to support strong rental demand. The property features two spacious units, including a well-sized 2-bedroom unit and a comfortable 1-bedroom unit, each with a full bathroom and functional layouts that maximize space and livability. Both units offer abundant natural light, have been well maintained, and feature tasteful updates that enhance overall appeal while remaining easy to maintain and attractive to tenants. A full basement provides ample storage, while the detached barn adds additional value with an upper level that may be finished for future use or utilized for expanded storage. Outside, the property offers a pleasant yard and ample off-street parking for multiple vehicles, an increasingly valuable feature in this central location. Whether you’re looking to purchase your first investment, owner occupy, expanding an existing portfolio or seeking a well-located income-producing property, this Laconia multi-family presents a solid opportunity in a high-demand Lakes Region market.

Features

Exterior

Barn
Storage

Heating

Oil
Steam

Cooling

None

Parking

Barn
Driveway
Off Street
Parking Spaces 3 - 5
Paved

Financial

Annual Taxes
$3,977

Location

Listing History

This property was listed on Feb 4, 2026. It sold on May 8, 2026 for $415,900.

Sale History

DateSale Price
Jun 23, 2025$385,000
Jul 31, 2023$335,000
Sep 7, 2021$260,000
Sep 17, 2018$159,000
Multi-Family · NH-Belknap County · Listed Feb 4, 2026 · Sold May 8, 2026

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.

Other Active Listings on Lake Winnipesaukee

AddressPrice
30 Messer Street$499,000
5 Birch Lane$499,000
83 Governor Wentworth Highway$499,000
30 Messer Street$499,000
141 Main Street$499,000
49 Mountain View Drive$499,000

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

Recently Sold in Laconia

AddressSold PriceSold
691 Endicott Street N$600,000May 8, 2026
100 Old Prescott Hill Road$529,900May 7, 2026
20 Shane Way$379,000May 7, 2026
158 Court Street$445,000May 1, 2026
51 Elm Street$359,950May 1, 2026
34 Valley Street$285,000May 1, 2026

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

$415,900

Sold May 8, 2026

Sq Ft1,576
$/Sq Ft$264
Lot0.22 acres
Built1900
Vacation Rentals

Experience the Area First

Rent a lakefront property nearby for a week or more

Listing courtesy of REAL Broker NH, LLC · Shawna M Phillips · 855-450-0442 · Phone: 603-315-6693 · Selling office: KW Coastal and Lakes & Mountains Realty/Meredith
PrimeMLS

Listing information provided by PrimeMLS for personal, non-commercial use. Data deemed reliable but not guaranteed. © PrimeMLS, Inc.