Browse All Laconia NH Multi-Family Properties for Sale

Fully leased five-unit investment property in Laconia, offered at a 9.2% cap rate on in-place income. 24–26 Messer Street offers four one-bedroom units and one three-bedroom unit with two full baths and a bonus room, in a city-approved 1890 building on a 0.34-acre in-town lot with a detached four-bay garage. Current rents total $6,450 per month ($77,400 per year), plus coin-op laundry income. The three-bedroom was newly leased in September 2026 at $2,200, and one one-bedroom has been fully renovated with refinished floors, a new kitchen and a new bath. Three one-bedrooms are long-term, month-to-month tenancies of six years or more, renting well below comparable Laconia one-bedrooms and giving a new owner clear room to grow income. Tenants pay their own electric. Each unit has its own electric meter and panel. The building has natural gas hot-water heat and town water and sewer, plus a 1,956 sq ft unfinished walkout basement for storage. The four-bay garage currently produces no income and offers additional upside. Based on seller-provided figures, net operating income is approximately $54,973, a 9.2% cap rate at the $599,000 asking price. Bringing the one-bedrooms toward market would lift the cap rate above 10%. An investment summary with the full rent roll, operating statement and comparable sales is available on request. Personal items and furnishings of tenants have been digitally removed. All information, including rents, expenses, income, cap rate and square footage, is provided for informational purposes only and is believed reliable but is not guaranteed. Buyer and buyer's agent to verify all information and conduct their own due diligence.

24 Messer St, Laconia

$399,000

5112543 MLS

Rare in-town opportunity: a charming New Englander on a quiet dead-end street with a large city lot and expansive outdoor space that's difficult to find in a downtown location. Inside, hardwood floors, extensive woodwork, French doors, built-ins and big sunny windows showcase the craftsmanship this style is known for and the kitchen nook is a cozy spot for morning coffee. Two porches invite you to settle in and enjoy the yard. Live in it as a single-family home or generate rental income as a legal multi-family. The lot is currently two merged tracts and there's the possibility of unmerging them for added flexibility down the road (buyer to perform due diligence with the City). A newer roof and heating system mean the big ticket items are already handled. Public water and sewer. Schools, shopping, restaurants and everyday services are all within easy reach. Character, convenience and potential in one package!

17 Shepard St, Laconia

$625,000

5112421 MLS

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.

254 Court St, Laconia

$459,900

5111245 MLS

A smart opportunity in Laconia, this well-maintained duplex offers flexibility for an owner-occupant, investor, or multi-generational living, all in a pleasant residential setting away from the busier main roads. Fresh, updated, and ready for its next owner, the property features a new roof, freshly painted exterior, updated full bathroom, newer kitchen, and updated flooring. Both units offer comfortable living spaces, whether you choose to live in one and rent the other or enjoy the property entirely as an investment. A covered porch adds classic New England charm, while the level yard offers plenty of usable outdoor space. Natural gas, city water, city sewer, and municipal trash pickup add to the ease of ownership. One of the highlights of this location is the ability to walk to Opechee Town Beach, while still being close to downtown Laconia, shopping, schools, restaurants, and everything the Lakes Region has to offer. With valuable improvements already completed, income potential, a quieter neighborhood setting, and the beach just a walk away, this Laconia duplex is ready to enjoy. Please take a moment to view the video for a preview of the second unit. To provide quiet enjoyment and minimize disruption for the current tenants, showings of the second unit will be scheduled after buyers have viewed the video and toured the seller’s unit.

66 Lyford St, Laconia

$368,000

5107981 MLS

Opportunity awaits with this commercially zoned, income-producing property! Offering a versatile mix of commercial and residential space, the building includes generous first-floor office space and a spacious one-bedroom apartment on the second floor. Investors may also want to explore the possibility of conversion to three or more units, subject to municipal and other required approvals. The property sits on a level 0.27-acre lot with 66.47 feet of frontage on South Main Street, offering excellent exposure and signage potential. The expansive paved parking area adds even more value, with possible opportunities to generate additional income from RV, boat, trailer, or vehicle storage. A property with multiple potential revenue streams and plenty of possibilities for future use.

218 Main St, Laconia

$1,150,000

5107548 MLS

96 Church Street Laconia Set on a 0.37-acre corner lot with direct water frontage and paddle-out access to Lake Opechee, 96 Church Street is a grand 1884 Victorian at a scale that rarely comes to market: 5,719 finished square feet across three stories, 19 rooms, 13 bedrooms, and 5 full baths plus a half. The versatile, congregate-style layout is city-approved for 14 units and currently operates as a rooming house an income property in place on day one, or the canvas for something else entirely. Inside, the period details are intact and cared for. Ornate woodwork runs through the main rooms, stained glass catches the afternoon light, and classic millwork gives every floor the kind of character that can't be rebuilt. Water views carry through much of the house, and the mansard roofline is the real thing. The outdoor living is what sets it apart. A dock and waterfront patio with fire pit sit right on the water kayak-ready for Lake Opechee adventures, with a paddleboard launch just as easy. Up top, a cupola and crow's nest deliver a belvedere view over the water and town, an elevated perch you won't find anywhere else on the street. Down in the yard, a treehouse brings a note of whimsy to the property. Mechanically, the heavy lifting is done: dual gas heating systems and all-new radiators went in four months ago, the domestic hot water is roughly six months old, and the house runs on city water, city sewer, breakers, and a camera system already in place. Roughly 3,300 square feet of paved parking serves the full building a rarity at this size this close to the center of town. Municipal services are right nearby and downtown Laconia is an easy walk: a deep bench of restaurants, entertainment, shopping, and boutique wellness, with the full run of Lakes Region recreation just beyond. Historic architecture, real square footage, and waterfront living, all in one remarkable property.

96 Church St, Laconia

$570,000

5102410 MLS

Don't miss this rare opportunity to own a versatile, income-producing multi-family property on a private 2.5 acre lot in the heart of New Hampshire's beautiful Lakes Region! This unique property offers three separate rental opportunities, making it ideal for investors, owner-occupants, or multi-generational living. The main building features a spacious 3-bedroom townhouse-style unit and a comfortable 2-bedroom unit, while a fully detached studio cottage provides an additional income stream or private guest space. Also an oversized 2 car garage with a second story area that may be able to become another living space. Property Highlights: • Three independent rental units • 6 bedrooms and 5 bathrooms total • Over 3,500 square feet of living space • Private 2-acre lot with a peaceful brook • Large detached garage with abundant storage • Plenty of off-street parking • Individual electric meters • Washer/dryer hookups in multiple units • Convenient location near Downtown Laconia, Route 106, and the Laconia Bypass • Minutes to Lake Winnipesaukee, shopping, restaurants, and year-round recreation. Whether you're looking to expand your investment portfolio, live in one unit while collecting rental income, or accommodate extended family, this property offers flexibility, strong income potential, and an unbeatable Lakes Region location.

601-607 Province Rd, Laconia

$1,750,000

5093247 MLS

MAJOR PRICE REDUCTION –EXCEPTIONAL INVESTMENT OPPORTUNITY WITH TREMENDOUS UPSIDE POTENTIAL! An outstanding opportunity for investors seeking immediate rental income, multiple additional revenue streams, and future development possibilities! This unique offering includes a 14-unit apartment building with large walk-up attic for future units/tenant storage, an expansive two-story detached barn/garage, and a separate vacant buildable lot! The residential building features generously sized units consisting of thirteen 2-bedroom apartments and one spacious 1-bedroom apartment. With remodeled units, investors can benefit from substantial improvements while still having excellent opportunities for additional value-add enhancements and increased income potential. Some property upgrades include newer circuit breaker panels and individual Rinnai wall furnaces in each unit. The expansive walk-out lower level offers even more possibilities, including space for future coin-operated laundry, tenant storage, and workshop/garage areas. THE DETACHED BARN/GARAGE IS A MAJOR HIGHLIGHT! This impressive two-story structure features SIX individual garage bays on the upper level, each approximately 18' x 10', plus an enormous 61' x 25' lower-level garage/storage area with convenient drive-in access! Currently vacant, these spaces offer exceptional possibilities for garage rentals, vehicle storage, contractor storage, workshop space, or other income-producing uses. ANOTHER HUGE BONUS – A SEPARATE VACANT BUILDABLE LOT! Explore the possibilities for future development, expanded parking, additional storage, or other uses that could further enhance the property's overall value (subject to applicable approvals). With 14 income-producing apartments, substantial unused garage space, additional basement opportunities, and a separate buildable lot, this property offers a rare combination of established income and multiple avenues for future growth.

8-10 Arch St, Laconia

$975,000

5092535 MLS

Exceptional investment opportunity (8%+ ROI) in the heart of Laconia. This five-unit multifamily property offers a diverse mix of apartments ranging from a spacious four-bedroom unit to a studio, providing broad tenant appeal and excellent rental flexibility. Ideally situated on a quiet side street, the property is within walking distance of downtown Laconia, shopping, restaurants, schools, parks, and everyday conveniences. One of its most attractive features is its proximity to the public beach on beautiful Lake Opechee, allowing tenants to enjoy swimming, kayaking, fishing, and lakeside relaxation just a short stroll from home. The varied unit mix appeals to a wide range of tenants, from individuals and couples to larger households, helping support strong occupancy and long-term investment performance. Located in the heart of New Hampshire's Lakes Region, the property offers convenient access to area recreation, employment, and services while maintaining a neighborhood feel. Property Highlights: Five-unit multifamily property Apartment sizes ranging from studio to four-bedroom Walking distance to downtown Laconia Short walk to the public beach on Lake Opechee Close to shopping, restaurants, schools, and parks Strong tenant appeal with diverse unit mix Excellent Lakes Region investment opportunity "A rare opportunity to own a versatile multifamily property in a convenient in-town location, with the added benefit of nearby lake access and all that the Lakes Region has to offer."

8 Lewis St, Laconia

$525,000

5086582 MLS

Unique Opportunity with Instant Equity, Priced Well Below Recent Appraisal! Meticulously maintained and in exceptional condition, this spacious 11-room ranch is truly move-in ready and offers a rare opportunity to purchase a property priced significantly below its recent professional appraisal. Buyers will appreciate the confidence that comes with owning a well-cared-for home featuring updated kitchens and bathrooms, newer windows, a newer roof, city water and sewer, and quality finishes throughout. This property offers the perfect combination of value, versatility, and peace of mind. The recent appraisal supports a higher value, providing the potential for immediate equity from day one. Whether you're seeking multi-generational living, rental income, or simply extra space, this home delivers unmatched flexibility on a beautiful 1.86-acre lot.

1090 Main St, Laconia

$3,650,000

5082106 MLS

An iconic presence in the heart of the Lakes Region, Grand View Resort operates at full strength with consistent maximum occupancy a testament to its reputation, premier location, and loyal guest following. This is more than a property purchase; it’s the acquisition of a thriving, turnkey hospitality business with proven performance, positioned along a high-visibility corridor with strong traffic counts between Laconia and Weirs Beach. Set on approximately 3± level acres, the immaculately maintained compound has undergone substantial renovations in recent years. The 12-unit hotel was taken down to the studs and thoughtfully rebuilt, offering the feel and efficiency of new construction while preserving classic Lakes Region charm. Two end suites feature full kitchens and private decks perfect for sunrise coffee or golden hour lake views. The motel also includes a 2-car under garage for added convenience and operations. The 10-bedroom main house, complete with an office, offers exceptional flexibility ideal as an owner’s suite, additional rental income, or a boutique hospitality experience with a historic bed-and-breakfast feel. The main living area showcases multi-million-dollar views of Lake Winnipesaukee, creating an unforgettable setting. Eight charming cottages and two beautifully renovated cabins blend character with modern comforts, offering a diverse mix of accommodations that keep guests returning year after year. The setting is nothing short of spectacular, with sweeping views from the Broads to Mount Chocorua and front-row seats to watch the MS Mount Washington pass by. Guests enjoy an Olympic-sized heated saltwater pool and patio overlooking lake and mountain vistas that define the New Hampshire experience. With extensive updates complete and a strong operational foundation, this is a rare opportunity to step into a flourishing business in one of the region’s most recognizable destinations reimagined, revitalized, and ready for its next chapter.

291 N Endicott St, Laconia

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Laconia Multi-Family Real Estate

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Browse All Laconia NH Multi-Family Properties for Sale

Laconia Multi-Family Real Estate

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