Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Charming Two-Unit Home Title is generated by Realmo AI

    18-20 Harrison St, Laconia, NH 03426

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $389,000

    Two-unit home with spacious kitchens, perfect for investors.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    30
    Last Refresh:
    Apr 24 at 7:49 pm

    Property Features for 18-20 Harrison St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Brenda Rowan

    Listing agent Brenda Rowan

    Listing office Coldwell Banker Residential Brokerage

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Residential Brokerage

    HighLights

    • Two income‑generating units, ideal for investors or affordable living.
    • Each unit includes 2 bedrooms and 1 bathroom.
    • Spacious kitchens in both units.
    • Detached garage included.
    • Level backyard suitable for outdoor activities.
    • Left unit features a PATIO DECK.

    Overview

    This two-unit home is suitable for investors or affordable living. Each unit includes 2 bedrooms, 1 bathroom, and spacious kitchens. The left unit features a patio deck. Both units are currently occupied. The property also includes a detached garage and a level backyard. The heating system is forced hot water. The bike score is 11, indicating it is somewhat bikeable, and the walk score is 0, indicating car-dependent accessibility.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laconia
    County
    Belknap
    State
    New Hampshire
    Longitude
    -71.4609871
    Latitude
    43.5485462

    Nearby Similar for Sale

    • $3,950,000
      9,246 SF

      Lakes Region Resort with Lake Views

      Thriving hospitality business in the heart of the Lakes Region.
      291 N Endicott Street, Laconia, NH 03246
      View Details
    • $1,200,000

      Downtown Commercial Opportunity in Laconia

      High-visibility commercial property with strong foot traffic in downtown Laconia.
      601 Main Street, Laconia, NH 03246
      View Details
    • $649,000
      3,388 SF

      Historic Multi-Family Home with Potential

      Spacious 1780 home with cash-flow opportunities in Laconia, NH.
      42 Gilford Avenue, Laconia, NH 03246
      View Details
    • $3,950,000

      Thriving Lakes Region Hospitality Business

      Turnkey hospitality business with proven performance in a premier location.
      291 N Endicott Street, Laconia, NH 03246
      View Details
    • $725,000

      Laconia Commercial Building with Bays

      7,756 sq. ft. building with 7 drive-in doors.
      11 Wilson Court, Laconia, NH 03246
      View Details
    • $449,000
      2,621 SF

      Laconia Multi-Family Investment Opportunity

      Two-unit property near downtown Laconia and Lakes Region Hospital.
      43 High Street, Laconia, NH 03246
      View Details
    • $459,000
      4,220 SF

      Historic Multi-Family Home, Laconia

      Charming historic two-unit home with expansion potential near downtown.
      30 Messer Street, Laconia, NH 03246
      View Details
    • $444,000
      2,195 SF

      Laconia Multi-Family Investment Opportunity

      Duplex in downtown Laconia near amenities and Concord Hospital.
      7 Elliott Street, Laconia, NH 03246
      View Details
    • $1,125,000
      5,419 SF

      Victorian Multi-Family Riverfront Residence

      Spacious Victorian with riverfront access, rooftop deck, and treehouse.
      96 Church Street, Laconia, NH 03246
      View Details
    • $599,000
      2,653 SF

      Spacious Ranch with Accessory Unit

      Ranch with attached accessory unit on 1.86-acre lot.
      1090 Main Street, Laconia, NH 03246
      View Details
    • $850,000

      Laconia Retail Location For Sale

      Retail location with high traffic, currently used for car sales.
      969 Union Avenue, Laconia, NH 03246
      View Details
    • $799,000

      Tamarack Drive-In: Lakes Region Landmark

      Iconic drive-in restaurant for sale in the Lakes Region.
      691 Endicott Street N, Laconia, NH 03246
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit home with spacious kitchens, perfect for investors.
    Where is this duplex located?
    The property is located at 18-20 Harrison St Laconia, NH.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: Two income‑generating units, ideal for investors or affordable living.; Each unit includes 2 bedrooms and 1 bathroom.; Spacious kitchens in both units.
    (603) 524-2255
    We can help!
    Listing Contact
    Brenda Rowan
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    18-20 Harrison St, Laconia, NH 03426
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!