22 West Street, Laconia, NH 03246
MULTI_FAMILY - Other - Laconia, NH
- Added:
- Jun 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 11 at 9:06 pm
Property Features for 22 West Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RG
- Rooms
- Basement
- Patio and Porch features
- Porch
- Exterior features
- Covered Porch, Shed
- Standard status
- Active
- Size
- 4,342 SF
- Lot size
- 0.47 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7291
Utilities
- Heating system
- Oil
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Vinyl
- Building materials
- Wood Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Keegan Rice (603) 444-1294
Listing office Badger Peabody & Smith Realty 383 Main St., Franconia, NH (603) 823-5700
Listing date Jun 10, 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
- Turnkey 6‑unit multifamily with two buildings on a 0.47‑acre in‑town lot in Laconia’s Lakes Region
- All units currently occupied; unit mix includes three 1BR, one 2BR, and two 3BR homes (four‑unit building plus separate two‑unit cottage)
- Contract rents total $96,916/year; recast NOI near $50,463 for about an 8.55% cap at list price (pro forma approaching 9.4%)
- Four of six units have landlord‑paid heat, hot water, and electricity, supporting expense recovery potential
- Extensively improved: new boiler, upgraded flooring, fresh paint, and renovated baths already completed
- On‑site parking and a storage shed included; covered porch/porch, wood‑frame construction, vinyl flooring, oil heat, shingle roof; public water
Overview
Located at 22 West Street in Laconia’s Lakes Region, the property is listed as steps from Memorial Park and a short stroll to Lake Winnisquam, with downtown shopping and dining within minutes. The listing notes that group showings scheduled for Saturday and Sunday have been cancelled.
From an operator’s standpoint, the current rent structure is supported by provided financials, with contract rents totaling $96,916 per year against a recast NOI near $50,463 (about an 8.55% cap at list price). The listing also describes four of six units as having heat, hot water, and electricity paid by the landlord, creating a stated path for expense recovery. Zoning is RG.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Laconia
- County
- Belknap
- State
- New Hampshire
- Longitude
- -71.4746275
- Latitude
- 43.5203877
