Peak Property Group Vermont Real Estate

PROPERTY SEARCH

Embarking on a quest to find the perfect property, where dreams and investments unite.

Save
Ask
Tour
Hide
Share
$729,000
16 Days On Site

45 Province Street
Laconia, NH 03246

For Sale|Multi Family|Active Under Contract
9
Beds
0
Full Baths
0
Partial Baths
3,608
SqFt
$202
/SqFt
1895
Built
County:
NH-Belknap
Listing courtesy of Corina Cisneros of EXP Realty Cell: 603-273-6160

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (802) 353-1604
Is this the home for you? We can help make it yours.
(802) 353-1604
45 Province Street45 Province Street45 Province Street45 Province Street
Save
Ask
Tour
Hide
Share

Exceptional investor opportunity in the heart of the Lakes Region! 45 Province Street in Laconia is a cash-flowing 4-unit multifamily with garage income, generating $80,400 annually and delivering a projected cap rate near 8%. Over the past three years, the seller has invested more than $55,000 in strategic capital improvements, modernizing the property, reducing future maintenance needs, and significantly increasing tenant appeal. The unit mix is ideal: a spacious 4BR/2BA unit (projected at $2,100/month), two 2BR/1BA units ($1,600 and $1,550/month), one 1BR/1BA unit ($1,250/month), and a detached garage leased at $200/month. Tenants pay their own electric and heat, and each unit is separately metered for maximum efficiency. The building sits on a corner lot in one of Laconia’s most walkable neighborhoods—just steps from downtown shops, restaurants, gyms, Lake Opechee beach, public parks, schools, and trails. With Lake Winnipesaukee, Gunstock Mountain Resort, and year-round recreation minutes away, this location attracts stable, long-term renters. This is a turnkey investment property with reliable tenants, strong income history, and all major systems recently upgraded or replaced. Whether you're a first-time investor or expanding a portfolio, this property offers reliable returns, low operational risk, and upside through future rent growth. Delayes showings until Open House Saturday April 26, 2025.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$729,000
Days On Site 
16 Days
Bedrooms 
9
Inside Area (SqFt) 
3,608 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
1895
MLS® Number 
5037607
Status 
Active Under Contract
Property Tax 
$6,482
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active Under Contract
2 weeks agoListing first seen on site
General Features
Acres 
0.26
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
PavedOn Street
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
3608
SqFt Total 
5976
Style 
Multi-Family
Utilities 
Cable Available
Water Source 
Public
Zoning 
RG
Interior Features
Basement 
ConcreteFinishedUnfinished
Flooring 
CarpetLaminateTile
Heating 
Hot WaterRadiant
Save
Ask
Tour
Hide
Share
Exterior Features
Lot Features 
Level
Patio And Porch 
PorchCovered
Roof 
Shingle
Waterfront Features 
Beach AccessLake Privileges
Community Features
School District 
Laconia Sch Dst SAU #30
Schools
School District
Laconia Sch Dst SAU #30
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Corina Cisneros of EXP Realty Cell: 603-273-6160



Copyright 2025, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-05-09 08:21 PM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share