7 Elliott Street, Laconia, NH 03246
MULTI_FAMILY - Other - Laconia, NH
- Added:
- Apr 7, 2026
- Days on Market:
- 70
- Last Refresh:
- Jun 15 at 9:06 pm
Property Features for 7 Elliott Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- UC
- Rooms
- Basement
- Standard status
- Active
- Size
- 2,195 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3947
Utilities
- Heating system
- Baseboard, Hot Water(Heating), Oil
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Clapboard Exterior, Vinyl Exterior
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Bradley Roberts (855) 450-0442
Listing office REAL Broker NH, LLC 170 Commerce Way, Portsmouth, NH (855) 450-0442
Listing date Apr 7, 2026
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Renovated duplex built in 1930 with a 2‑unit setup and basement
- First‑floor unit: 2 bedrooms and 1 bath
- Second‑floor unit: 2 bedrooms, plus a loft, and 1 bath
- Most recently rented for $1,900/month (downstairs) and $2,100/month (upstairs)
- Separate utilities already in place for each unit
- Exterior: clapboard and vinyl; heat: baseboard/hot water (oil); roof: shingle; water source: public
Overview
Located at 7 Elliott Street in Laconia, the property is described as being within walking distance of local amenities, including a gym and Town Hall, and near Taco Bay. It is also noted as being steps from Concord Hospital Laconia, and walking distance to the new Social District. The listing further places the asset “just minutes” from Lake Winnipesaukee, Lake Opechee, and Lake Winnisquam.
For buyers seeking an owner-occupy or investor scenario, the unit mix supports a range of tenant needs, including the added loft space in the upper unit. Reported recent rents were $1,900 per month for the first-floor unit and $2,100 per month for the second-floor unit, reflecting the duplex’s income-generating design. Zoning is listed as UC, supporting its continued residential income use in an in-town setting.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.4k | $21.60 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $45.8k | $20.84 |
| − OpEx | −$13.7k | −$6.25 |
| NOI | $32.0k | $14.59 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Laconia
- County
- Belknap
- State
- New Hampshire
- Longitude
- -71.4659138
- Latitude
- 43.528793
