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Three-Unit Residential Income Property
For Sale
$410,000

31-33 Howard Street, Laconia, NH 03246

Three well-maintained units with extensive renovations, off-street parking, and multiple bedrooms for flexible rental configurations.

Property Size3,415 SF
Price / SF$120.06
Days on Market79

Property Features for 31-33 Howard Street

General Information

Standard status Active
Size 3,415 SF
Property subtype Multi-family

Additional Details

Multifamily Units 3

Building Details

Year Built 1850
Stories 2
Listing Agency: Realty One Group Next Level
Listed By: Elijah VanDenBerg
Source: Aultcommercial
Added: May 29 Changed: Aug 8 Last Checked: Aug 8 at 8:01AM

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 Realty One Group Next Level

Investment Insights

Based on property information with market context.

This three-unit residential income property offers Unit A with two levels of living space, three bedrooms, and an enclosed porch, along with extensive renovations throughout. Unit B is a first-floor two-bedroom unit currently undergoing rehabilitation, with major improvements already completed, including new electrical and plumbing systems. Unit C is a fully renovated second-floor two-bedroom unit. Additional upgrades include some newer windows and a newer furnace and hot water heater. The property also features a spacious backyard and ample off-street parking.

Located at 31-33 Howard Street in Laconia, NH 03246, the home is described as being just minutes from Lakes Region amenities, including restaurants, shopping, beaches, schools, the hospital, and downtown offerings.

For buyers and operators, the mix of unit types and current renovation progress may support a straightforward leasing plan, with rental income currently listed at $1,950 and $1,725 and projected rent of $1,775+ for Unit B upon completion. Financials and additional details are available upon request, and the combination of completed and in-progress updates may reduce near-term capital needs relative to a fully unrenovated building.

Key Highlights

  • Three‑unit property built in 1850 with current rental income totaling $1,950 and $1,725
  • Unit A offers two levels with 3 bedrooms plus an enclosed porch and extensive renovations throughout
  • Unit B is a first‑floor 2‑bedroom unit with rehabilitation underway; new electrical and plumbing systems already completed

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale Store Butcher

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,276
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?
Triplex - Three well-maintained units with extensive renovations, off-street parking, and multiple bedrooms for flexible rental configurations.
Where is this triplex located?
The property is located at 31-33 Howard Street Laconia, NH.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Three‑unit property built in 1850 with current rental income totaling $1,950 and $1,725; Unit A offers two levels with 3 bedrooms plus an enclosed porch and extensive renovations throughout; Unit B is a first‑floor 2‑bedroom unit with rehabilitation underway; new electrical and plumbing systems already completed
More about this property
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