CCertihomes
8-10 Arch St, Laconia, NH 03246

$2,300,000

0 beds 0 baths Built 1900Active

About this home

Unique investment opportunity to purchase a portfolio of 15 residential units, including a separate Urban Commercial zoned (UC) ranch, 9+ garage bays and an additional buildable lot. 8-10 Arch St consists of 14 residential units (1 one-bed & 13 two-bed), 6 garage bays (61x18 and each bay is walled off), an additional oversized garage/storage area (61x25) and a vacant lot to build additional housing units/garage or parking etc. The main building has 10 renovated units, newer circuit breaker panels, Rinnai wall furnaces that can be separated by new owner for each unit and a superstore HW heater. Expansive walk out lower-level w/ coin-opp laundry and workshop/storage space. 158 Union Ave is a free-standing 2-bedroom ranch style home that is currently 1 residential rental which is zoned Urban Commercial and has value-add potential for many business opportunities. All financials and unit photos available upon request.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$15,879/mo

Real estate (PITI + HOA + PMI)
$15,756
Principal + interest$10,432
Property tax + insurance$4,461
PMI / 2nd mortgage$863
Utilities
$1,604
Heating + cooling$654
Internet + TV + phone$130
Water + sewer + garbage$58
Transportation
$94
Car insurance + maintenance$94
Other (entertainment)
$130
$15,879/mo TLC
Budget$16,379/mo
Remaining after TLC$500/mo
Purchase price
$2,300,000
Down payment
$115,000 (5%)
Loan amount
$2,185,000
APR
4%

Quick facts

Type
COM
Style
Year built
1900
Lot size
0.61 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$14,947
MLS #
73221972
County
Belknap

Home features

Roof
Shingle

Neighborhood — 03246

MetricThis ZIPCountyUSA
Population17,3101,328,860299,088,112
Population Change Since199016.00%20.00%20.00%
Population Density691143
Male8,362656,203147,432,321
Female8,948672,657151,655,844
Never Married3,634268,94463,775,926
Married7,561602,538123,120,365
Separated48337,74812,639,686
Widowed1,22963,90215,467,586
Divorced1,737113,91223,075,029
Number Of House Hold6,920499,581111,826,380
Average House Hold Size2.442.582.60
Medial Age39.6538.4535.46
Median House Hold Income$44,528$56,270$48,276
Average House Hold Income$56,239$68,940$63,629
P C I$23,245$26,652$24,529
M D I$38,624$47,101$41,133
A T H E$46,741$54,123$50,898
S T R0.00%0.00%
W C J76.78%77.83%77.74%
(Zip) Code
3246

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 4/10/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.