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Laconia, NH

7 Elliott Street

$408,000Last sold Aug 13, 2026Listed at $425,000Sold in 128 days

MLS# 5082433

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The Listing

A multi-family home in Laconia.

Bedrooms
Baths
2,195
Sq Ft
0.1
Acres

Investment Summary

Units
2
Multi-Family
Price / Unit
$212,500
Tax / Unit
$1,973.50/yr
$3,947 total
Zoning: UC

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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.

Features

Heating

Oil
Baseboard
Hot Water

Cooling

None

Financial

Annual Taxes
$3,947

Location

Listing History

This property was listed at $444,000 on Apr 7, 2026. The price was reduced by $19,000 (4.3%) to $425,000 on Invalid Date. It sold on Aug 13, 2026 for $408,000, $36,000 (8.1%) below the original asking price.

Sale History

DateSale Price
Mar 24, 2025$400,000
Apr 28, 2023$335,000
Multi-Family · NH-Belknap County · Listed Apr 7, 2026 · Sold Aug 13, 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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Recently Sold in Laconia

AddressSold PriceSold
126 Shore Drive$2,483,000Sep 4, 2026
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27 Alpine Circle$565,000Sep 3, 2026
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8B Crane Circle$839,899Sep 2, 2026

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

$408,000

Sold Aug 13, 2026

Sq Ft2,195
$/Sq Ft$186
Lot0.13 acres
Built1930
Listing courtesy of REAL Broker NH, LLC · Bradley Roberts · 855-450-0442 · Phone: 603-674-5217 · Selling office: Lacasse & Avery Real Estate Brokerage
PrimeMLS

IDX display courtesy of Yankee Pedlar Realtors, Wolfeboro NH.

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