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Four-Unit Multifamily Building
For Sale
$720,000
Pending

56 harvard St, Laconia, NH 03246

Turnkey four-unit property with private entries and separated utilities across all apartments.

Property SizeContact for details
Days on Market53

Property Features for 56 harvard St

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1900
Units 4
Listing Agency:
Listed By: Justin Waitt
Source: Elliman
Added: Jun 21 Changed: Aug 8 Last Checked: Aug 11 at 9:21AM

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 Justin Waitt

Investment Insights

Based on property information with market context.

This four-unit multifamily building offers a townhouse-style layout and a mix of apartment types. One unit is a vacant two-level three-bedroom townhouse with a newer kitchen, updated bathroom, and fresh paint. A second unit is a renovated one-bedroom apartment featuring new floors, new light fixtures, and fresh paint. The remaining three apartments include one-bedroom and two-level two-bedroom, 1.5-bath configurations, currently rented with long-time tenants in place. All units have separated utilities, along with a common hallway and private entry for each apartment.

The property is located close to downtown shops, restaurants, and local amenities. WalkScore is listed as 81 and BikeScore as 68, supporting a location that is well positioned for daily needs.

For buyers considering owner-occupancy or housing strategies, the current mix of vacant and renovated space may simplify move-in planning while the occupied units continue to provide rental income under existing leases. For investors, the separated utilities and private entry setup are practical features for tenant convenience and day-to-day operations, with the renovated units adding flexibility to future occupancy and tenant turnover.

Key Highlights

  • Four‑unit multifamily building built in 1900
  • Vacant two‑level 3‑bedroom townhouse‑style unit with newer kitchen, updated bathroom, and fresh paint
  • Renovated 1‑bedroom unit with all new floors, new light fixtures, and fresh paint

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Cafe & Coffee Shop Carpet & Flooring Store Food Market (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,263
Businesses Nearby

Demographics for 03246, NH

16,905
Population
10,426
Households
1.6
Avg Household Size
47
Median Age
25%
College-Educated
93%
High-School Grad
19.9 sq mi
ZIP Area
849
Density / Sq Mi
$68,407
Median Household Income
$40,504
Median Earnings
$1,180
Median Rent
$307,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Turnkey four-unit property with private entries and separated utilities across all apartments.
Where is this quadplex located?
The property is located at 56 harvard St Laconia, NH.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Four‑unit multifamily building built in 1900; Vacant two‑level 3‑bedroom townhouse‑style unit with newer kitchen, updated bathroom, and fresh paint; Renovated 1‑bedroom unit with all new floors, new light fixtures, and fresh paint
More about this property
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