This listing courtesy of Trish Marchetti , BerkshireHathaway HomeServices Commonwealth R.E
$1,950,000

8-10 Arch Street, Laconia, NH 03246

  • 14 baths |
  • 9,050 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 10 car garage
  • Property Price Per Square Feet Icon $215/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
June 7, 2026
Data Last Updated:
July 28, 2026 at 9:57PM
Listing Office:
BerkshireHathaway HomeServices Commonwealth R.E : 508-810-0700
Listing Agent:
Trish Marchetti : : Trish.Marchetti@commonmoves.com
MLS ID:
5093247
  • Basement: Concrete FloorInterior StairsStorage SpaceWalkoutInterior AccessExterior Access
  • A/C: None
  • Heating: Natural GasIndividualWall Furnace
  • General: PorchStorage
  • Style: Apartment Building
  • Parking: DetachedDrivewayGarageOff StreetParking Spaces 11 - 20Paved
  • Roofing: Asphalt Shingle
  • General: Wood FrameClapboard ExteriorVinyl ExteriorFieldstone
  • Road/Access: PavedPublic
  • County: Belknap
  • Driveway: Paved
  • Zoning: UC
  • Utilities: Cable
  • Water: Public
  • Sewer: Public

This listing courtesy of Trish Marchetti , BerkshireHathaway HomeServices Commonwealth R.E

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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