1. New Hampshire
  2. Laconia
  3. 18-20 Cleveland Place
$775,000

18-20 Cleveland Place, Laconia, NH 03246

  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

This listing courtesy of Ian D Handel, Ian Handel Real Estate

Cash-flowing, well-managed 6-unit property with numerous updates and stable tenancy. All tenants are current on rent and pay their own utilities (except hot water). The property features two 1-bedroom and four 2-bedroom units, offering a desirable mix. All kitchen and bathrooms are updated. Recent improvements include four new natural gas heaters (2024), electric mini-splits (2021) in four units providing heat and A/C, and a fully renovated Unit 1 down to the studs. Additional upgrades include a new roof (2022), repointed chimney with new flashing, new flooring in most units, and a new rear porch. An on-site coin-operated laundry adds extra income. Parking lot with permanent easement provides ample off-street parking. Turnkey investment with strong rental history and no major updates needed. Seller is a licensed NH realtor. Group showing Friday, Oct. 10 at 1 PM.

Listing Status:
Active
Date Added:
October 6, 2025 at 05:00AM
Listing Office:
Ian Handel Real Estate : 603-560-2214
Listing Agent:
Ian D Handel :
MLS ID:
5064532
  • Appliances: Natural Gas Water Heater
  • Basement: Concrete Floor
  • Flooring: LaminateVinyl Plank
  • A/C: Mini Split
  • Heating: Natural GasMini Split
  • Style: Multi-Family
  • Parking: DeededParking Spaces 5 - 10
  • Roofing: Architectural Shingle
  • General: Vinyl ExteriorFieldstone
  • Road/Access: Public
  • County: Belknap
  • Driveway: Dirt
  • Zoning: RG
  • Utilities: Cable
  • Water: Public
  • Sewer: Public

This listing courtesy of Ian D Handel, Ian Handel Real Estate

Monthly Payment

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

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Location

Schools Nearby

W

Woodland Heights Elementary School

225 Winter St Ext, Laconia, NH, 03246

Grades PK-5

0.90 miles away

L

Laconia Middle School

150 McGrath St, Laconia, NH, 03246

Grades 6-8

1.00 miles away

L

Laconia High School

345 Union Ave, Laconia, NH, 03246

Grades 9-12

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.