Laconia, NH

8 Lewis Street

$975,000

MLS# 5092535

1 day on market
The Listing

A 1880s multi-family home in Laconia.

Bedrooms
Baths
9,790
Sq Ft
0.5
Acres

Investment Summary

Units
5
Multi-Family
Price / Unit
$195,000
Tax / Unit
$1,452.80/yr
$7,264 total
Cap Rate
8.2%
NOI / Price
GRM
9.0x
Gross Rent Multiplier
Gross Income
$108,660/yr
NOI
$80,325/yr
Zoning: RS

Interested in this investment property?

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

Request full details →

Description

Exceptional investment opportunity in the heart of Laconia. This five-unit multifamily property offers a diverse mix of apartments ranging from a spacious four-bedroom unit to a studio, providing broad tenant appeal and excellent rental flexibility. Ideally situated on a quiet side street, the property is within walking distance of downtown Laconia, shopping, restaurants, schools, parks, and everyday conveniences. One of its most attractive features is its proximity to the public beach on beautiful Lake Opechee, allowing tenants to enjoy swimming, kayaking, fishing, and lakeside relaxation just a short stroll from home. The varied unit mix appeals to a wide range of tenants, from individuals and couples to larger households, helping support strong occupancy and long-term investment performance. Located in the heart of New Hampshire's Lakes Region, the property offers convenient access to area recreation, employment, and services while maintaining a neighborhood feel. Property Highlights: Five-unit multifamily property Apartment sizes ranging from studio to four-bedroom Walking distance to downtown Laconia Short walk to the public beach on Lake Opechee Close to shopping, restaurants, schools, and parks Strong tenant appeal with diverse unit mix Excellent Lakes Region investment opportunity "A rare opportunity to own a versatile multifamily property in a convenient in-town location, with the added benefit of nearby lake access and all that the Lakes Region has to offer."

Features

Heating

Hot Water

Cooling

Individual

Request Information

Interested in this property? One of our agents will follow up with you directly.

Financial

Annual Taxes
$7,264

Location

Multi-Family · NH-Belknap County · Listed Jun 2, 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
601 Main Street$1,200,000
136 Daniel Webster Highway$1,200,000
22 Darwin Place$1,199,000
12 Drew Lane$1,199,000
64 Long Bay Drive$1,199,000
1416 Mount Major Highway$1,199,000

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

Recently Sold in Laconia

AddressSold PriceSold
18 Massachusetts Avenue$400,000Jun 2, 2026
53 Drummer Trail$915,000Jun 1, 2026
60 White Oaks Road$834,245Jun 1, 2026
1480 Old N Main Street$568,000May 29, 2026
160 Treetop Circle$187,000May 29, 2026
59 Woodland Avenue$365,000May 28, 2026

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

$975,000

Active Listing

Sq Ft9,790
$/Sq Ft$100
Lot0.46 acres
Built1887
Listing courtesy of RE/MAX Innovative Bayside · Jim Miller · 603-279-0079 · jim03253@gmail.com
PrimeMLS

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