Under Contract
Laconia, NH

14 Summer Street

$525,000

MLS# 5081259

63 days on market
The Listing

A 1890s multi-family home in Laconia.

Bedrooms
Baths
1,932
Sq Ft
0.2
Acres

Investment Summary

Units
4
Multi-Family
Price / Unit
$131,250
Tax / Unit
$1,398.25/yr
$5,593 total
Zoning: RG

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Description

Explosive multi-family cash-flow asset in Laconia. Features a 2-bed/1-bath unit and two 1-bed/1-bath units. The crown jewel is the massive oversized garage footprint, featuring two integrated offices, a half bathroom, and vast storage space. With 8 dedicated parking spaces, neighboring multi-units, and a severe need for local housing, buyers are strongly encouraged to consult the Laconia Zoning Dept regarding the high probability of a 4th residential unit conversion! (With most physical prep work already done, we were told from the zoning department that there is a high likelihood of approval). Operating with premium Pro Forma rent potential, this is a dominant asset with immediate upside. Building is on a lockbox; easy showings for empty units. Full walkthrough upon accepted offer. Includes both an oil furnace and whole house pellet heating system. Massive potential for either garage and office rental, contractor personal use, or 4th unit conversion!

Features

Heating

Oil
Pellet Stove
Baseboard
Pellet Furnace

Cooling

None

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Financial

Annual Taxes
$5,593

Location

Multi-Family · NH-Belknap County · Listed Mar 30, 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.

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

$525,000

Under Contract

Sq Ft1,932
$/Sq Ft$272
Lot0.24 acres
Built1890
Listing courtesy of Derek Greene · Derek Greene · 860-560-1006
PrimeMLS

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