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

31-33 Howard Street, Laconia, NH 03246

Well-maintained three-unit building with extensive unit upgrades and off-street parking for income-focused ownership.

Property Size3,415 SF
Price / SF$120.06
Days on Market47

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
Tenancy Multi
Listing Agency: Realty One Group Next Level
Listed By: Elijah VanDenBerg
Source: Laerrealty
Added: Jun 30 Changed: Jul 10 Last Checked: Aug 15 at 3:59AM

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

The property is located at 31-33 Howard Street in Laconia, NH. Public remarks note it is in a desirable neighborhood and convenient to Lakes Region amenities, including restaurants, shopping, beaches, schools, the hospital, and downtown offerings. Additional financial and property details are available upon request.

For investors or owner-operators seeking a multi-unit residential asset, the combination of updated systems, ongoing rehabilitation in Unit B, and a fully renovated Unit C supports a practical path to stabilizing occupancy and improving the overall building’s condition. The off-street parking and backyard also provide everyday utility for residents.

Key Highlights

  • Three‑unit property built in 1850 with current rental income of $1,950 and $1,725
  • Unit A: two levels with 3 bedrooms plus an enclosed porch and extensive renovations throughout
  • Unit B: first‑floor 2‑bedroom unit with major rehab completed, including new electrical and plumbing systems

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
Multi-tenant
Tenancy

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 - Well-maintained three-unit building with extensive unit upgrades and off-street parking for income-focused ownership.
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 of $1,950 and $1,725; Unit A: two levels with 3 bedrooms plus an enclosed porch and extensive renovations throughout; Unit B: first‑floor 2‑bedroom unit with major rehab completed, including new electrical and plumbing systems
More about this property
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