Under Contract
Laconia, NH

24 Baldwin Street

$675,000

MLS# 5076474

64 days on market
5,049 Sq Ft
$134 $/Sq Ft
0.14 acres Lot
1880 Built

Investment Summary

Units
5
Multi-Family
Price / Unit
$135,000
Cap Rate
10.9%
NOI / Price
GRM
6.9x
Gross Rent Multiplier
Gross Income
$97,800/yr
NOI
$73,323.05/yr
Zoning: Residental

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Description

This Multi Family property is situated in the desirable Lakes Region area. The property comprises five units, two of which have been renovated. The remaining units consist of two two-bedrooms and two Three-bedroom configurations. This property offers convenient pedestrian access to a vibrant downtown area, featuring entertainment venues, retail, ski resorts, local beaches, and picturesque mountains and lakes. This property can be sold as part of a portfolio sale comprising 51 units in Laconia, or by itself. 24 hour notice to show.

Features

Heating

Gas Heater

Cooling

None

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Location

Sale History

DateSale Price
Jun 7, 2024$530,000
Jun 8, 2022$479,900
Jun 7, 2019$321,000
Multi-Family · NH-Belknap County · Listed Feb 12, 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.

Recently Sold in Laconia

AddressSold PriceSold
59 Nestledown Drive$522,000Apr 15, 2026
8 Deadreckoning Point$1,375,000Apr 15, 2026
56 Harvard Street$550,000Apr 10, 2026
51 Academy Street$650,000Apr 10, 2026
257 Weirs Boulevard$521,000Apr 10, 2026
17 Arch Street$359,000Apr 8, 2026

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

$675,000

Under Contract

Sq Ft5,049
$/Sq Ft$134
Lot0.14 acres
Built1880
Listing courtesy of Waterfield Realty & Management LLC · Pamela Hughes · 781-777-3259
PrimeMLS

Listing information provided by PrimeMLS for personal, non-commercial use. Data deemed reliable but not guaranteed. © 2026 PrimeMLS, Inc.