8-10 Arch Street, Laconia, NH

Property Description

From its address at 8-10 Arch Street, this residential income puts you in Laconia, New Hampshire. On offer: 9,050 square feet of living space, at a list price of $1,950,000. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. Beyond the basics, the listing carries garage parking for 10, 1900 construction and roughly $215 per square foot. Browse the gallery and specs below; if it fits, we can have you through the door quickly. Browse more homes for sale in Laconia.

Exceptional investment opportunity featuring a portfolio of 14 residential units, a detached multi-bay barn/garage, and an additional vacant buildable lot for plenty of extra parking or future development potential. The fully occupied apartment building consists of 14 residential units, including one large 1-bedroom unit and thirteen 2-bedroom units. 13 units have been renovated, providing an attractive mix of updated living spaces and strong rental income. Property improvements include newer circuit breaker panels, a SuperStore hot water system and individual Rinnai wall furnaces serving each unit. The expansive walk-out lower level offers additional value with a future coin-operated laundry room, workshop area and ample storage space. A standout feature of the property is the detached two-story barn/garage structure. The upper level includes six separate garage bays, each measuring approximately 18' x 10'. The lower level features an oversized 61' x 25' garage/storage area with drive-in access, creating exceptional potential for additional rental income, storage, workshop, or business use. Currently vacant, this space offers the new owner the flexibility to maximize its value based on their specific needs and investment goals. Also included is a separate vacant lot, offering potential for future development, additional parking, outdoor storage, or other value-add opportunities (subject to local approvals). This unique offering combines strong in-place cash flow with significant upside potential through continued improvements, additional rental income opportunities, and future development possibilities. Financial information, rent roll, and unit photographs are available upon request.

Location Highlights

8-10 Arch Street is a residential income in Laconia, New Hampshire, listed at $1,950,000. That works out to about $215 per square foot, for a home built in 1900. It has been on the market for 3 months.

From here it is 19 miles to Downtown Plymouth / Main Street and 25.4 miles to Owl's Nest Resort. At this latitude, Laconia averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Property Details

Essentials & finishes