Multifamily Property with Three
New
For Sale
$570,000
601-607 Province Road, Laconia, NH 03246
MULTI_FAMILY - Other - Laconia, NH
Property Size2,325 SF
Lot Size2.00 Acres
Price / SF$245.16
Days on Market4
Property Features for 601-607 Province Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RA
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 2, Bedroom 2, Bathroom 5, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 4, Bedroom 6
Patio and Porch features
Patio
Exterior features
Garden Space, Patio
Appliances
Electric Water Heater, Water Heater
Lot features
Landscaped, Level, Stream, Waterfront
Standard status
Active
Size
2,325 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6713
Utilities
Heating system
Oil
Water source
Well
Water front
1
Amenities
individual electric meters
washer/dryer hookups
Building Details
Year built
1910
Floors in Building
2
Number of units
3
Flooring type
Tile, Wood, Carpet
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
BobbyVan Realty
(603) 505-0518
Listed By:
Robert Van Laarhoven
(603) 505-0518
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 31 at 3:06AM
MLS# 5102410
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.
Investment Insights
Based on property information with market context.
This multifamily property includes three separate rental opportunities, with a main building offering a spacious 3-bedroom townhouse-style unit and a separate 2-bedroom unit. A fully detached studio cottage provides a third rental option, and the combined layout totals 6 bedrooms and 5 bathrooms. The property also features washer/dryer hookups in multiple units and individual electric meters for the rentals.
An oversized 2-car garage includes abundant storage and a second-story area that may be able to become additional living space. Off-street parking is available, and the home sits on a private lot described as approximately 2.5 acres, with a peaceful brook.
Located at 601-607 Province Road in Laconia, the listing notes convenient access near Downtown Laconia, Route 106, and the Laconia Bypass, with Lake Winnipesaukee and year-round recreation described as nearby.
An oversized 2-car garage includes abundant storage and a second-story area that may be able to become additional living space. Off-street parking is available, and the home sits on a private lot described as approximately 2.5 acres, with a peaceful brook.
Located at 601-607 Province Road in Laconia, the listing notes convenient access near Downtown Laconia, Route 106, and the Laconia Bypass, with Lake Winnipesaukee and year-round recreation described as nearby.
Key Highlights
- Multi‑family home built in 1910 with over 3,500 SF of living space
- Three independent rental units: a 3‑bedroom townhouse‑style unit, a 2‑bedroom unit, and a detached studio cottage
- Total of 6 bedrooms and 5 bathrooms across all units
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.2k | $21.60 |
| − Vacancy | −$1.8k | −$0.76 |
| EGI | $48.5k | $20.84 |
| − OpEx | −$14.5k | −$6.25 |
| NOI | $33.9k | $14.59 |
2,325 SF · lease $21.60/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$484.6K
$424.1K – $565.4K
NOI $33,924 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$445.6K
$389.9K – $519.9K
NOI $31,193 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$552.9K
$483.8K – $645.1K
NOI $38,703 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate rental units plus individual electric meters and off-street parking on a private lot in Laconia.
Where is this triplex located?
The property is located at 601-607 Province Road Laconia, NH.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Multi‑family home built in 1910 with over 3,500 SF of living space; Three independent rental units: a 3‑bedroom townhouse‑style unit, a 2‑bedroom unit, and a detached studio cottage; Total of 6 bedrooms and 5 bathrooms across all units
