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Laconia, NH

254 Court Street

$625,00017 days on market

MLS# 5112421

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The Listing

A 1900s multi-family home in Laconia.

—
Bedrooms
—
Baths
5,340
Sq Ft
0.3
Acres

Investment Summary

Units
5
Multi-Family
Price / Unit
$125,000
Tax / Unit
$1,069.60/yr
$5,348 total
Zoning: UC

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Description

An exceptional mixed-use opportunity in the heart of Laconia, 254 Court Street is a substantial property offering an impressive five-unit configuration with tremendous flexibility and income potential. The property includes three 1-bedroom, 1-bath residential units plus two commercial office units ( all units currently rented), each with its own bath, creating a versatile setup for investors, owner-occupants, business owners, or those seeking multiple income streams. Zoned for mixed use, this property offers an outstanding combination of residential and commercial space in a location positioned for year-round activity. Natural gas heat, public water, and public sewer add to the practical appeal. Laconia is a premier Lakes Region destination with an exceptional blend of small-city amenities and four-season recreation. Downtown offers restaurants, cafes, shops, arts, entertainment, community events, and the scenic Laconia Riverwalk, while the WOW Trail provides a paved multi-use route for walking, running, biking, and cross-country skiing. The city also boasts multiple beaches and parks, including Weirs Beach on Lake Winnipesaukee, Bartlett Beach on Lake Winnisquam, and Opechee Park, putting boating, fishing, swimming, hiking, and outdoor recreation close at hand. The renowned Weirs Beach area adds waterfront attractions, public docks, seasonal activity, and easy access to Lake Winnipesaukee. With its strong Lakes Region appeal, year-round tourism, expanding downtown, and diverse residential and commercial uses, Laconia offers an exceptional setting for this unique property. Bring your vision and take advantage of this rare opportunity to own a sizable mixed-use property with multiple units and outstanding possibilities. Photos may be digitally enhanced.

Features

Exterior

Deck
Porch

Heating

Natural Gas

Cooling

None

Parking

Driveway
Paved

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Financial

Annual Taxes
$5,348

Location

Sale History

DateSale Price
May 9, 2025$440,000
May 13, 2013$200,000
Multi-Family · NH-Belknap County · Listed Oct 1, 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
16 Fallon Way$775,000
63 Olympia Street$770,000
277 Weirs Boulevard$769,999
21 Tall Pines Way$769,000
21 Tall Pines Way$769,000
1 Gables Drive$769,000

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

Recently Sold in Laconia

AddressSold PriceSold
126 Big Bend Drive$745,000Oct 16, 2026
60 Old Prescott Hill Road$470,000Oct 15, 2026
79 Gilford Avenue$225,000Oct 14, 2026
36 Rowell Street$390,000Oct 14, 2026
53 Garden Circle$520,000Oct 13, 2026
144 Treetop Circle$279,900Oct 9, 2026

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

$625,000

Active Listing

Sq Ft5,340
$/Sq Ft$117
Lot0.26 acres
Built1900
Listing courtesy of EXP Realty · Heather Goodwin · 888-398-7062 · Phone: 603-494-3135
PrimeMLS

IDX display courtesy of Yankee Pedlar Realtors, Wolfeboro NH.

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