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42 Gilford Avenue, Laconia, NH

Residential Income

For SaleActive
0 Beds|0 Baths|3,388 ft²|Built 1780|Laconia

Listed by Starr Realty · Jason E Starr

Property Description

A rare piece of history — with serious opportunity. This spacious yet cozy 1780 home was built by the venerable Jacob Jewett, and its rich history and impressive pedigree are still felt in every room. Original character remains intact — wide floors, wood fireplaces, old-world charm — alongside some upgrades/updates throughout (including vinyl plank flooring, kitchen island, wine cooler, and 1st-floor laundry). At 3,388 sq. ft. of finished living space across 1.75 stories, with 5 bedrooms and 4 bathrooms (one full, three three-quarter), this is not just a home — it's a lifestyle. Here's what makes it truly unique: It's a legal 2-unit property with two separate workshop/storage areas — creating real cash-flow opportunities. Perfect for an owner-occupy with in-law suite (already in place), or even a lawyer/accountant office with proper zoning variances. Investor or homeowner? This one works for both. Step outside to nearly half an acre (0.48) with a generously sized deck, full fence, garden space, and plenty of room to entertain. Two street entrances/exits and a paved driveway with plenty of parking for tenants, guests, or work vehicles. Location? Still everything. Minutes from the hospital, grocery stores, big-box hardware, downtown shops, and everything the Lakes Region is famous for. Why now? The seller had no intention of letting this one go. Great rental history. Real cash flow. But life changes direction — and now this historic gem could be yours.

Property Details

Essentials & finishes

  • Bedrooms:0
  • Total Baths:0
  • SqFt:3,388
  • Price / SqFt:$176.80
  • Property Type:Residential Income
  • Year Built:1780
  • County:NH-Belknap
  • Town:Laconia, NH
  • Status:Active
  • Days on Market:65

Primary Features

CountyNH-Belknap
Property TypeResidential Income
Year Built1780
ZoningRG

Interior Features

BasementYes
Basement Access TypeInterior
Basement DescriptionDirt Floor, Unfinished
CoolingNone
Electric100 Amp Service, Circuit Breakers
FlooringHardwood, Vinyl Plank
HeatingBaseboard, Electric, Hot Water, Wood Stove
Rooms - Total0
SqFt-Approximate Finished Above Grade3,388
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished3,388
SqFt Approximate Total5,631

Financial Details

Foreclosed / Bank-Owned / REONo
Tax - Gross Amount$6,002
Tax Year2025
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionClapboard Exterior
CovenantsUnknown
Flood ZoneUnknown
Pre-ConstructionNo
SeasonalNo
Total Stories1.75
SurveyedUnknown

External Features

DrivewayPaved
Exterior FeaturesDeck, Full Fence
FoundationStone
GarageNo
Lot FeaturesIn Town
Lot - Acres0.48
Lot - SqFt20,909
Road Frontage TypePublic
Road FrontageYes
Road Frontage Length240
RoofAsphalt Shingle
SewerPublic Sewer
UtilitiesCable, Phone Connected
Water SourcePublic
MLS®: PrimeMLS #5086938; Listed by Starr Realty · Jason E Starr

Property History

Price, listing activity & annual taxes for this property

No sales history available.

Market Data

Live snapshot computed from active listings in this town

  • Active listings in Laconia196
  • Average list price$375,307
  • Price range$1,700 – $600,000
  • Market sentimentBuyer's Market

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$4,002 / mo
  • Principal & Interest$3,029
  • Property Tax$849
  • Home Insurance$125

Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.

$599,000/ Asking Price
For SaleActive
Est. $3,029 / mo20% down · 30yr · 6.5%
Tom DeMatteo

Tom DeMatteo

Owl’s Nest Real Estate · Questions?

401-648-5308

Market Sentiment

Buyer's Market
Buyer’s MarketBalancedSeller’s Market

Based on 196 active · 0 sold in Laconia (last 90 days)

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NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information. The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.

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