NH > Laconia
Laconia, NH 03246,45 Province ST
Laconia, NH 03246,45 Province ST
Laconia, NH 03246,45 Province ST
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Listed by Corina Cisneros • EXP Realty • Cell: 603-273-6160
$729,000
Est. payment /mo
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9 Beds
5 Baths
3,608 SqFt
Open 4/26 10AM-12PM

45 Province ST Laconia, NH 03246

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Molly Smith

Molly Smith

+1(508) 980-9042

OPEN HOUSE

Sat Apr 26, 10:00am - 12:00pm

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,608 sqft

Price per Sqft $202

MLS Listing ID 5037607

Bedrooms 9

Full Baths 5

Construction Status Existing

Year Built 1895

Annual Tax Amount $6,482

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Description

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.

Location

State NH

County Nh-belknap

Area Nh-Belknap

Zoning RG

Body of Water Lake

Rooms

Basement Entrance Interior

Basement Concrete Floor, Storage Space, Unfinished, Interior Access, Exterior Access, Stairs - Basement

Interior

Cooling None

Flooring Carpet, Laminate, Tile

Exterior

Garage Spaces 2.0

Garage Description On-Site, On Street, Parking Spaces 6+

Utilities Available Cable - Available, Gas - Underground

Water Access Desc Yes

Roof Type Shingle - Asphalt

Building

Story 2.5

Foundation Brick, Fieldstone

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

School District Laconia Sch Dst Sau #30

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Molly Smith

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+1(508) 980-9042

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45 Province ST

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